North Cambridge is one of several hives of Hub housing development (say that three times fast!). The vast majority of the neighborhood's new apartments—around 1,300—are planned for the Alewife area. But there's another set of fresh units near Davis Square: a four-story complex of 37 one- and two-bedrooms renting for $2,400 to $3,300 a month. Smaller, yes, than the complexes near Alewife (which range in scope from 227 units to 428).
Still, as Thomas Grillo at the Business Journal points out, the development, called 7 Cameron after its address, has gone up at the old Rounder Records site. Alison Krauss, the Mighty, Mighty Bosstones, the Pixies, and, yes, Radiohead all record there (Rounder downsized space-wise to Burlington in 2010). The developer, a team that includes Cambridge-based Oaktree, spent $11 million crafting the complex, which includes a community room, a gym, roof decks, and patios or balconies for most units (only five of which are left to rent!).
We should note, too, that Oaktree is touting 7 Cameron as pedestrian- and public-transit-friendly ("within 6 walking minutes of the popular and lively Davis Square and the Red Line station," its website says, and note the bicyclist in the bottom right of the rendering above). It's an increasingly familiar trope in Hub development and kudos to that.
· Former Rounder Records Headquarters Transformed [Biz Journal]
· In North Cambridge, a Plethora of New Apartment Buildings [Curbed Boston]
· Curbed Boston Awards '12: the Best Urban-Planning Idea [Curbed Boston]
· Our Latest Rental Heatmap: the Hub's New Apartment Buildings [Curbed Boston]