449 Cambridge Street

Allston Development Site Acquired for $10 Million

The property at 449 Cambridge Street in Allston has been acquired by Anchor Line Partners for $10 million.

Anchor Line Partners proposes the construction of two, independent, multi-family residential buildings, one at each parcel. The Cambridge Street building would have seven floors and a gross floor area (GFA) of approximately 131,000 square feet, with approximately 127 dwelling units, approximately 2,400 square feet of retail/restaurant/ services space, and approximately 80 accessory parking spaces.

449 Cambridge St. in Allston Under Review

The proposed project by Anchor Line Partners for 449 Cambridge Street in Allston is under official review. The two-building project would feature a total of 166 residential units plus 2,400 square feet of ground-floor retail/restaurant space. The development would also include parking for 80 cars. According to the PNF construction is anticipated to kick off in the second quarter of 2020 and would last around 15 months.

LOI Filed for 166 Unit Project at 449 Cambridge St. in Allston

Anchor Line Partners has filed an LOI for a 2 building development at 449 Cambridge Street in Allston. The project calls for a total of around 166 residential units along with  4,000 square feet of retail/restaurant space and 69 parking spaces. 13% of the units would be designated affordable.