The Carruth is a transit-oriented development that involved the construction of 116 units of mixed income housing and approximately 10,000 square feet of neighborhood retail on a site directly adjacent to the Massachusetts Bay Transportation Authority’s Ashmont Peabody Square Station in the heart of historic Peabody Square. The development parcel is the subject of a long-term ground lease between Trinity and the MBTA. The building is a six-story structure with one floor of neighborhood retail and five stories of housing. Floors 2–4 include 74 affordable rental units and floors 5 and 6 include 42 market rate condominiums. Construction began in August 2006, occurring in unison with the MBTA’s total reconstruction of the adjacent Ashmont Peabody Square Station.
Type: Mixed-Use, Transit-Oriented
Total development cost: $52.6 Million
Units: 74 rental, 42 condo, 10,500 sf retail