Ho-ho, hey-hey. Local developer the Congress Group has teamed with heavy-hitter Related Companies to build out an old charter-school building in Park Square into the next Clarendon. Related built that luxury puppy on Stuart Street, designed by bow-tied Yale architect dean Robert A.M. Stern, at the end of the last decade, and its 33 condos are 75 percent sold at prices that start at $695,000 for a studio (and when the resell, they resell for nearly $2K a foot). Related, chaired by Miami Dolphins owner Stephen Ross, also co-built the 178-unit luxury rental One Back Bay as well as a slew of projects in New York and out West.
What's Related and its partner Congress have planned for the 14-story, H-shaped* building at 100 Arlington Street? Luxury. It looks like the building will become 128 condos** with a freshened-up limestone-and-brick facade, per The Herald's Greg Turner, and a 215-seat restaurant called Liquid Art House on the ground floor. Though Stern's firm designed both the Clarendon as well as One Back Bay, no word on whether he's involved in what shall be dubbed the Arlington.
*A reader points out that while The Herald says "H-shaped" the building may, in fact, be more of a U.
** A rep for the developers says the building will, in fact, be rentals. The Boston Redevelopment Authority's website originally had condos listed as its use.
· Welcome to ‘The Arlington’ [Herald]
· Rare Big Resale at The Clarendon: $1,771 a Square Foot [Curbed Boston]