{"id":1004053482,"date":"2012-02-17T08:14:14","date_gmt":"2012-02-17T16:14:14","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=35761"},"modified":"2022-12-08T19:19:34","modified_gmt":"2022-12-09T03:19:34","slug":"high-end-rental-building-planned-for-jamaica-plain","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/high-end-rental-building-planned-for-jamaica-plain\/","title":{"rendered":"High-End Rental Building Planned for Jamaica Plain"},"content":{"rendered":"<p style=\"text-align: justify\">By Veronica Grecu, Associate Editor<\/p>\n<p style=\"text-align: justify\">A 3.5-acre property in Jamaica Plain will be converted into luxury rental units, adding to Boston\u2019s construction wave. The former site of the Home for Little Wanderers at 161 S. Huntington Avenue was purchased less than one week ago by developer Boston Residential Group as part of a $75 million redevelopment project that also covers the acquisition costs.<\/p>\n<p style=\"text-align: justify\">The existing main orphanage building is almost 100 years old but, according to the <em>Boston<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/02\/boston-residential-group-logo1.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-35763\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/02\/boston-residential-group-logo1.gif\" alt=\"\" width=\"283\" height=\"77\" \/><\/a> Herald<\/em>, it was never designated a historic site or city landmark, which would suit perfectly the developer\u2019s plan to raise a completely new structure. Construction on the four- or five-story apartment building is scheduled to break ground in the first quarter of 2013 as the project requires changing the site\u2019s zoning from institutional to multifamily residential use, reports the<em> Jamaica Plain Gazette<\/em>.<\/p>\n<p style=\"text-align: justify\">The high-end residential building would have up to 200 units, most of them studios or one-bedrooms designed for singles and young couples, while a smaller number of two-bedroom rental units would be available for families with children. And 13 percent of the apartments would be marketed as affordable housing units, as required by Boston Redevelopment Authority regulations. Residents would have access to a fitness center, a patio and a shared community space equipped with a kitchen.<\/p>\n<p style=\"text-align: justify\">Given area residents&#8217; increased tendency to use alternative transportation, Boston Residential Group plans to create a Zipcar-sharing station as well as an underground garage with only 150 parking spaces. The retail component, which is usually in demand when it comes to multifamily developments, was deliberately left aside in this particular case because the construction is very close to the Hyde Square commercial district.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Veronica Grecu, Associate Editor<br \/>\nA 3.5-acre property in Jamaica Plain will be converted into luxury rental units, adding to Boston\u2019s construction wave. The former site of the Home for Little Wanderers at 161 S. Huntington Avenue was purchased less than [&#8230;]<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21742],"tags":[],"class_list":["post-1004053482","post","type-post","status-publish","format-standard","hentry","category-boston","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>High-End Rental Building Planned for Jamaica Plain - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/high-end-rental-building-planned-for-jamaica-plain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"High-End Rental Building Planned for Jamaica Plain\" \/>\n<meta property=\"og:description\" content=\"By Veronica Grecu, Associate Editor A 3.5-acre property in Jamaica Plain will be converted into luxury rental units, adding to Boston\u2019s construction wave. 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