Chelsea is in on the Hub-wide development boom. The city, which flirted with bankruptcy in the 1990s, has seen hundreds of new loft-style apartments and condos in recent years, plus new retail and open space. Heck, just last year, Chelsea welcomed its first Starbucks.
Perhaps the biggest exclamation point on the boom is the 230-unit One North Of Boston, which simply screams gentrification: The five-story apartment complex will have a yoga studio, an outdoor pool, a fire pit, and full-service dog day care. Indeed, One North of Boston is being built by the same developer behind the much-ballyhooed Maxwell's Green in Somerville, which is also en-yoga-ed. Moreover, One North of Boston (we love typing the name) could add 242 units nearby.
Also! The next big thing in Chelsea development may be a redo of the Mystic Mall, which, per Casey Ross in The Globe, city officials want to transform into a mixed-use nexus with hundreds of apartments. Moreover, they want it to be transit-oriented, for that is all the rage in Hub development: The Silver Line would be extended into Chelsea, connecting all these new tenants and owners with the rest of the region, particularly the Seaport District. Stay tuned.
· Chelsea Experiencing a Building Revival [Globe]
· Rental Heatmap Update: 53 Apartment Projects and Counting [Curbed Boston]
· Somerville's Downward-Facing Doghouse and Hub's Apt. Future [Curbed Boston]
· One Word: Transit-Oriented—JP's Jackson Square Is the Future [Curbed Boston]