260 Beacon Street2018-03-28T17:15:29+00:00

Project Description

260 Beacon Street

Somerville, MA

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Property Type

Rental Apartments + Retail

Project Type

Development – New Construction

Role

Limited Partner

Development Cost

$12.5 million

Square Footage

31,670

Number of Units

17

Developer Partner

Highland Development

Architect

Peter Quinn Architects/RODE Architects

Construction Lender

Bank of New England

Expected Completion

2018

260 Beacon will be a 3-story, mixed-use residential development with 17 rental apartments, ground-level retail and parking. Located a few short blocks from Harvard University, 260 Beacon brings a fresh residential offering to the established Beacon Street Corridor, which hosts a range of first-class retail, restaurants, parks, higher learning institutions, and healthcare facilities, all within walking distance.

The property is centrally located, to both the Porter and Kendall Square T stops, and a short distance from Downtown Boston. The area is bike-friendly with border cities, Somerville and Cambridge, currently investing millions of dollars in a biking infrastructure that will expand the already impressive system of bike lanes and create a year-round bike share program.