Davenport Commons was developed by Trinity Financial in conjunction with a local community development corporation and a private housing consulting firm. Davenport Commons is a 200-unit housing program consisting of 125 units leased to Northeastern University as student housing; 75 units of homeownership housing, targeted primarily to low and moderate income families; and 2,100 square feet of commercial space. Davenport Commons marks the first time in Massachusetts an economic linkage between a major university and its neighboring community was created. Through a long term lease, the rent received from Northeastern University supported the construction of the housing units. The 125 units of student housing, constructed as apartment-style housing in a university controlled setting, are subject to a dormitory license. The homeownership units are accessed from the street, with the lower duplex units having individual entries complete with South End-style stoops and some backyard space. All of the 75 homeownership units have at-grade parking spaces.
Type: Student housing Total development cost: $50 million Units: 200 combined, (125 student, 75 home ownership) Completed: 2001