Concrete foundations are going in this week in preparation for an August modular box set! A panoramic from the site visit today in Chelsea. The building will feature 40+ underground parking spaces with 50 apartments above. The site is immediately adjacent to the future Silver Line extension and Box District Station.
Governor Patrick Opens Flats at 44
Last Wednesday morning, Governor Patrick visited the Flats at 44 to cut the ribbon (only four units remain!) and put a shovel in the ground at the Flats at 22 (opening November 2014). The Governor was also joined by Secretary Greg Bialecki, Undersecretary Aaron Gornstein, Senator Sal DiDomenico, Representative Dan Ryan, and Representative RoseLee Vincent.
During his keynote speech at the event, Governor Patrick spoke about making investments like those made in the Box District as a catalyst for growth in Massachusetts. You can read more about his remarks here.
In addition, we honored Rufus Phillips, Peter Hollands, and Kristin Blum who all provided key predevelopment and acquisition loans early in the project when it took a lot more vision to see what was possible.
Both projects expand on the previous successes within the Box District, an award-winning revitalization of a once vacant and blighted industrial area into a vibrant mixed income community. The revitalization was conceived by the City of Chelsea, The Neighborhood Developers, and Mitchell Properties, a highly successful public/non-profit/private partnership formed around this effort. With public and private funding seven new residential properties have been built over the past ten years providing high-quality, safe, and attractive housing for families, young professionals, and retirees. Residents are attracted by the Box District’s proximity to Boston and Cambridge workplaces, transit, and public amenities such as the Box District Park, installed and dedicated in 2013 by the City of Chelsea. In addition, The Flats at 44 is the first building to be completed utilizing the Commonwealth’s Housing Development Incentive Program, a program that provides Gateway Cities like Chelsea with a development tool to increase residential growth, expand diversity of housing stock, support economic development and promote neighborhood stabilization.
Construction for Flats at 44 started in July 2013 and opened to new residents in March 2014. The building offers studios, one-bedrooms, and two-bedroom homes and is over 80% leased. Flats at 22 recently started construction and is anticipated to open in the Fall of 2014. Each apartment comes fully equipped with stainless steel energy efficient appliances, in-home washer/dryer, hardwood flooring, gas cooktop, granite counters, 42” cabinets, 9-foot, and expansive windows. Amenities include a fitness center, a roof deck along and off-street covered parking.
Flats at 44 Over 60% Leased
With the first move-in's in March, after a month of being open we're over 60% leased and are on pace for a summer full-occupancy. New residents are recognizing the tremendous value that the Flats at 44 presents: hardwood floors, oversized windows allowing for generous natural light, energy efficient systems, fitness center -- with rents that start in the $1,400's for studios. For more information about the property visit www.flatsat44.com or www.boxdistrictliving.com
The Flats at 44 is a 46 apartment development located in Chelsea's Box District, a neighborhood revitalization effort that TC has been a part of since 2008. TC provided project management services for Atlas Lofts, which is next door, and involved the substantial rehabilitation of a historic box factory into 53 loft apartments. For more on Atlas Lofts visit www.atlas-lofts.com
Flats at 44 Comes Together in 4 Days
It's been an exciting week for the Flats at 44 team to say the least. The modular boxes were delivered and set into place over 4 days and fit perfectly into place. Whereas last week we had just steel and concrete foundations, today we have a three story double loaded corridor building where all of the units already have hardwood floors, appliances, cabinets, tile, carpet installed. That means we're on a path to be completed three months from now! Stay tuned for marketing updates as we launch later next week.
Flats 44 Update
We're now building in two locations simultaneously; full-time: in the factory (in what equates to a large airplane hangar) and on site in Chelsea. Over 100 carpenters, plumbers, painters, and electricians are buildings walls, hanging drywall, insulating, placing tile, hanging cabinets, and much, much more, and they're on schedule to be completed and shipped in the beginning of November.
Meanwhile, on the site we're wrapping up concrete, placing steel, fine grading, and prepping for the big delivery. Photos are below!
We expect that in the second week of November the individual boxes will arrive on site and be craned into place. In addition to all the building activity, we're ramping up marketing and will soon launch our new logos, with a website to follow shortly after that. Stay tuned...
For more information about the project or general questions, contact e-mail Dave or feel free to call us at 617-542-6500.
