260 Beacon Street
Somerville, MA

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.