The Currents on the Charles at 36 River Street in Waltham is throwing itself a grand-opening party on Thursday. The 200-unit complex has actually been open for months now and has been offering a grab-bag of incentives to lure tenants that much farther out on the commuter rail. More than that, the Currents (as we'll call it from now on) offers amenities that basically show its marketing hand: yoga studios, pet-washing stations, bike storage and repair space, Apple TV. It wants the young, hip, tech-savvy demographic and fast. And it's got company.
About three miles away is the Merc at Moody & Main, downtown Waltham's first new apartment complex in ages. The conversion of the old Mercantile Building (hence the name) is set to have 269 apartments in three five-story buildings with 27,595 square feet of retail space. A leasing office opened in early April and the complex is expected to open to tenants in August. The Merc (as we'll call it) also swings for the hipster fences amenities-wise: Among the draws are a dog-washing site; a place to plug in electric cars; a fitness center with yoga and spin spaces; and on-site Zipcars.
Will the Currents and the Merc fill up? Studios at the Merc start at $2,095 a month; 1-BRs at $2,495; and 2-BRs at $2,895. At the Currents, available 1-BRs are going for as low as $2,195 and 2-BRs for $2,575. In their fates lay the residential-development fate of Waltham, we suspect. Watch out. (Heh.)
· Yoga? Bikes? Pet-Washing? $2K Studios? Must Be Waltham [Curbed Boston]
· Downtown Waltham's First Apt. Project in Ages Starts Leasing [Curbed Boston]
· Our So You've Been Priced Out of Boston... archive [Curbed Boston]