TRINITY FINANCIAL :: Projects

One Canal Street, Boston, Massachusetts
Located at the tip of the Rose Kennedy Greenway, the One Canal Project involves the development of surface and air rights on three parcels in the Bulfinch Triangle area of Boston. These parcels are among the development sites in the Bulfinch Triangle created by construction of the Central Artery/Tunnel Project and submersion of the Massachusetts Bay Transportation Authority (MBTA) Green Line. In August 2010, both agencies designated Trinity Financial as the developer for these Parcels: 2A, 2B and 2C.
The removal of the elevated Central Artery and Green Line structures has allowed for new development and pedestrian scaled streets that reconnect the North End to government and entertainment uses at Government Center and the TD Garden, as well as the residential historic mixed uses of the Bulfinch Triangle and residential West End.
Designed to emulate the historic patterning of the historic Bulfinch Triangle, the One Canal project includes the development of approximately 435,000 square feet of residential and retail space: 320 units of rental housing and 21,000 square feet of space for retail, internal loading, 159 indoor parking spaces and bicycle storage. The ground floor is designed to accommodate an urban grocery tenant with appropriately sized loading areas, storage, trash/recycling space and mechanical equipment. The second and third floors of the building will contain a 159-space parking garage for the residents of the building. The fourth through twelfth floors of One Canal will contain the 320 rental housing units: a combination of studio, one bedroom, one-plus bedroom, two-bedroom and three-bedroom units. The project will include 21 affordable housing units.
One Canal, adjacent to the Avenir building (completed by Trinity Financial in 2009), continues the transformation of the Bulfinch Triangle area into a mixed use district that complements its surrounding areas and brings vitality to an area once in shadow from the elevated highway and Green Line structures.
Type: Rental; Total Development Cost: $175 million; Anticipated Completion Date: TBD