Located in the heart of Boston’s historic Bulfinch Triangle, Trinity developed Avenir as a 10-story mixed-use, transportation-oriented development. The development is built directly above the North Station Green and Orange lines, and is the subject of ground lease with the MBTA. The block-long building features retail on the ground floor, a 121-space parking garage on the second and third floors wrapped with housing, and 241 residential units, including 17 affordable units.
Although originally conceived of as a condominium building, Trinity re-positioned the project as luxury rental in the fall of 2006 enabling construction to commence in June 2007. Trinity was responsible for the successful on-schedule completion of the building in July 2009. Avenir is now owned and operated by Archstone Smith REIT, and is achieving the projected absorption benchmarks.
With its stylish interiors and links to public transportation, Archstone Avenir has become one of Boston’s most appealing places to live.
Type: Mixed-Use, Transit-Oriented
Total development cost: $150 million
Units: 241 residential, approximately 30,000 sf retail