In a further sign of workforce housing taking thankful hold in Boston, developer Related Beal on Thursday topped off its 14-story project at the so-called Parcel 1B in downtown’s Bulfinch Triangle.
Recall that the project is due to include 239 apartments—all either designated as affordable or as workforce housing, which means that units will be priced significantly below market rates (in this case, for tenants making from 30 percent to 165 percent of the area’s median income).
The development is said to be the first dedicated non-market-rate building in downtown Boston in more than a quarter-century.
Above is a rendering of what the whole thing will look like when done. The development includes a 220-key Courtyard Marriott as well as 220 parking spaces and 10,000 square feet of street-level retail.
- South Boston workforce housing development pitched for Dot Ave [Curbed Boston]
- Construction to start on big Bulfinch Triangle project [Curbed Boston]