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One Greenway Opens for Business, Bringing Rentals With It

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What has 436,000 s.f., 21 stories, and 11 floors now open for occupancy? The answer: One Greenway, a project by architecture and design firm ADD Inc. in partnership with Stantec.

In what is tradition for new developments these days, this high rise has a seemingly endless list of allure in its amenities: a private park, yoga studio, fitness center, eleventh floor lounge with lushly landscaped terrace, a coffee bar, dog wash, balcony lounge, living room lobby, quiet lounge, conference room, and the Perch: a glass-enclosed balcony area overlooking the living room lobby.

As a Bozzuto project, it will accompany its nearby neighbor, The Kensington, as a housing option with amenities that encourage social interaction in a sophisticated way. While The Kensington has all market rate housing with no affordable rentals, One Greenway will offer a mix of market and affordable housing.

There's always a need more homes that are not priced stratospherically. While the prices are unsurprisingly ain't cheap (one beds go from $2965 to $3485), the affordable options of 95 rentals and 50 adjoining condos should help to balance the property portfolio out so that 40 percent of the residences, both for sale and for rent, will be priced below market.

Chinatown has one of the nation's oldest immigrant communities, but is in flux with its residents. Developer New Boston Fund Inc. worked closely with the non-profit Asian Community Development Corporation to ensure that, once completed, the two-building tower residences will serve as a southern gateway to the popular Rose Kennedy Greenway.

While the tower's first 11 floors opened for occupancy on August 1, 2015, the rest will open on September 1, 2015.

· The First Phase of Chinatown's One Greenway Is Here [Curbed Boston]
· One Greenway Rentals [Bozzuto]