Northampton Square, Boston, Massachusetts
- The Northampton Square complex is located in the South End/Lower Roxbury neighborhood of Boston, one block away from the Boston Medical Center and the Boston University Medical Campuses. The complex currently consists of a 29-story residential building at 35 Northampton Street and a 12-story residential building at 860 Harrison Avenue, in addition to other non-residential uses. The Northampton Square project contains three main components - (1) the renovation of 35 Northampton Street, (2) the renovation of 860 Harrison Avenue, and (3) the construction of a new residential tower at the corner of Northampton Street and Albany Street. In total, the project will create or preserve 550 units of housing, 360 (65%) of which will be affordable. The new 24-story tower will provide 203 new apartments, consisting of a mix of studios, one bedroom, and two bedroom apartments. The complex includes an existing 538 space public parking garage with sufficient capacity for the new and the renovated housing. The original complex was built between 1969 and 1973 to house the Boston City Hospital School of Nursing. The Boston Public Health Commission (BPHC) acquired the site on July 1, 1996 and has managed the property since. In December of 2010, the BPHC selected Trinity Financial to redevelop and manage the various components of the site. In the fall of 2013, Trinity closed on the financing for the first phase of the redevelopment – the renovations of 35 Northampton Street. These renovations are expected to be completed in December 2014.
Type: Mixed Income Rental; Total Development Cost: $160 million; Anticipated Completion Date: 2017