425 Border Street

Site Clear at 425 Border Street in East Boston

Demo of a former auto body shop at 425 Border Street in East Boston is now complete. Once the construction ban is lifted developer Navem Partners will begin work on the approved 5 story residential building. 425 Border street will feature 16 modern condos along with a 16 car parking garage. The Eagle hill site overlooks the Chelsea Creek & Tobin Bridge and is just a few minutes from Maverick Square.

425 Border Street Financed for $6.37M

The approved condo project at 425 Border Street in East Boston has been refinanced for $6.37M, via a bank facility through North Shore Bank. The 5-story building will feature 16 luxury condos over a 16 space garage in the Eagle Hill Neighborhood. The development team at Navem Partners purchased the approved project in December of 2018. Construction of the project is expected to kick off in February.  The financing was arranged by FinanceBoston, a local real estate capital, and advisory firm.

BPDA Approves Change of Ownership for 425 Border Street in East Boston

The Boston Planning Board has approved the change of ownership of the approved 425 Border Street residential project in East Boston. The new owners, Navem Partners purchased the project in December 2018, two months after the BPDA approved the plans.

The new building will feature 16 luxury condo residences along with parking for 16 cars. The project site is located in East Boston’s Eagle Hill neighborhood just a short walk from the Maverick MBTA Station. 

East Boston Development Acquired for $2.22 Million

The development project at 425 Border Street in East Boston has been acquired by Navem Partners for $2.22 million.

The approved project will create a five-story, 20,762 square foot residential building on Border Street in East Boston.  The development will include 16 residential units and 16 parking spaces in an at/below grade garage.

Demo Permit Application Filed for 425 Border Street

A demo permit application has been filed for 425 Border Street in East Boston's Eagle Hill neighborhood.  PHD Homes has approved plans for a new five-story, 20,762 square foot residential building on the site to replace the existing industrial building. The development will include 16 residential units and 16 parking spaces in an at/below grade garage along with landscaping and streetscape improvements.

425 Border Street Project Approved by BPDA

The Boston Planning Board has approved the new 16 unit development on Border Street in East Boston.  The 5 story building will contain all two (2) bedroom units ranging in size from 881 s.f. to 1,182 s.f..  There will also be 16 parking spaces on-site.  Doug Medvetz of PhD Homes, tells BLDUP via email that they hope to start construction on the project in late winter 2019.