Washington Village

Washington Village Secures $37.5 Million in Financing

The Washington Village development has secured $37.5 million in financing via Webster Bank.

The upcoming redevelopment of five acres in South Boston’s Andrew Square will be transformed into a mixed-use development spanning six blocks. Eight buildings will be constructed containing 656 residences including both apartments and condominiums, 98,600 square feet of retail space and parking for 560 cars. Residences will include studios, one-bedrooms, two-bedrooms, and three-bedrooms. 110 residential units at Washington Village will be designated affordable.

Work starts on transformative Washington Village mixed-use development in South Boston’s Andrew Square

Demolition of existing, low-slung buildings has begun at the future site of Washington Village, a $400 million, 735,000-square-foot mixed-use development that will transform South Boston’s Andrew Square, constructing eight buildings as high as 22 stories. Washington Village is one of the first key developments of the South Boston Dorchester Avenue Planning Initiative (PLAN Dot Ave), a municipal up-zoning effort that will transform the Dorchester Avenue corridor, currently a sleepy industrial strip, into a vibrant mixed-use corridor. Washington Village will construct a total of 656 residential units, including both apartments and condominiums, and 98,600 square feet of retail space, with a 1.5-acre public plaza and green at the development’s center. The development will span five acres and six city blocks. The following are photographs of demolition underway at Washington Village:

Demo in full swing on Damrell & Algers Sts. #Southie making way for Washington Village complex. pic.twitter.com/dMBvpjcm4d

— Eileen Murphy (@chipsy231) October 30, 2017

Washington Village, 656 new residential units and nearly 100,000 square feet of retail in South Boston, approved for construction