The Residences at Brighton Marine, a $46 million TOD community located in Boston, will provide 102 mixed-income apartment homes for veterans. The project is a joint venture between WinnDevelopment and non-profit veteran network community Brighton Marine.
The seven-story building is combined with an adapted historic structure to form a campus with 11 studio, 47 one-, 33 two-, and 11 three-bedroom apartments. 11 of the units will be set aside for households earning 30% of the area median income (AMI), 59 units for households earning 60% of the AMI, and 10 units for households at 80% of the AMI. The remaining 22 units will be at 120% of the AMI. Also included are on-site clinical, behavioral health, and family services.
See Also: $53 million Chamberlain apartments will comprise six buildings, three new and three renovated
Courtesy TAT.
The complex is located near public transit and a local job center and will complement an existing initiative by the non-profit Brighton Marine that helps homeless veterans and their families with money for security deposits, rent, outstanding utility bills, and moving expenses.
Related Stories
Multifamily Housing | Nov 29, 2022
Number of office-to-apartment conversion projects has jumped since start of pandemic
As remote work rose and demand for office space declined since the start of the Covid-19 pandemic, developers have found converting some offices to residential use to be an attractive option. Apartment conversions rose 25% in the two years since the start of the pandemic, with 28,000 new units converted from other property types, according to a report from RentCafe.
Multifamily Housing | Nov 22, 2022
10 compelling multifamily developments debut in 2022
A smart home tech-focused apartment complex in North Phoenix, Ariz., and a factory conversion to lofts in St. Louis highlight the notable multifamily developments to debut recently.
Sponsored | Multifamily Housing | Nov 16, 2022
Commercial Framer Training: Back to Basics for Big Buildings
A glimpse into the most common wood construction framing errors, and how to avoid them, in today’s nonresidential construction industry.
Legislation | Nov 13, 2022
U.S. voters pass numerous affordable housing measures
Voters in many U.S. jurisdictions passed housing measures Nov. 8 that will collectively set aside billions of dollars in new funding to create more affordable housing and provide protections for renters.
BAS and Security | Oct 19, 2022
The biggest cybersecurity threats in commercial real estate, and how to mitigate them
Coleman Wolf, Senior Security Systems Consultant with global engineering firm ESD, outlines the top-three cybersecurity threats to commercial and institutional building owners and property managers, and offers advice on how to deter and defend against hackers.
Codes and Standards | Oct 17, 2022
Ambitious state EV adoption goals put pressure on multifamily owners to provide chargers
California’s recently announced ban on the sale of new gas-powered vehicles starting in 2035—and New York’s recent decision to follow suit—are putting pressure on multifamily property owners to install charging stations for tenants.
Multifamily Housing | Oct 7, 2022
Design for new Ft. Lauderdale mixed-use tower features sequence of stepped rounded volumes
The newly revealed design for 633 SE 3rd Ave., a 47-story, mixed-use tower in Ft. Lauderdale, features a sequence of stepped rounded volumes that ease the massing of the tower as it rises.
Multifamily Housing | Oct 5, 2022
Co-living spaces, wellness-minded designs among innovations in multifamily housing
The booming multifamily sector shows no signs of a significant slowdown heading into 2023. Here is a round up of Giants 400 firms that are driving innovation in this sector.