Included as part of the 116 unit Carruth development is approximately 10,000 SF of neighborhood retail. The Carruth retail tenants reflect the specific requests and desires of members of the surrounding community, who through a series of pre-development meetings provided input on the types of retail uses they wanted to see as part of the neighborhood revitalization project. A locally owned and operated real estate office occupies one of the spaces and doubles as the designated broker for condominium sales at The Carruth; and an award winning chef, who is also a local resident operates an Italian restaurant, Tavolo (voted one of Boston Magazine’s “Best Neighborhood Restaurants, 2010” and “Best Bar in Dorchester, 2009” by Improper Bostonian).
Additionally, the community identified an obvious lack of retail banking options that could be easily accessed during daily commutes on the adjacent subway system, as well as there being no quality coffee establishments in the surrounding area. This challenge was met by leasing one of the prime retail locations in the building to Wainwright Bank, a New England bank who has been a national leader in socially responsible investing and banking. While Wainwright met the banking need, an arrangement was made for Wainwright to partner with a local coffee roaster, Flat Black Coffee Company. The result is one of the only retail bank branches in the country that includes a full service coffee establishment. The Wainwright/FlatBlack space has quickly become one of the premier neighborhood gathering spots. This unique arrangement has caught the eye of many national retailers. For more retail information, contact email@example.com.
Type: Mixed-Use, Transit-Oriented
Total development cost: $52.6 Million
Units: 74 rental, 42 condo, 10,500 sf retail