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Director Meade Breaks Ground on Housing on the Greenway

Sep 21, 2012

BRA Director Peter Meade celebrated the groundbreaking on new housing on the Greenway at 120 Kingston Street.  The $130 million project will add 240 rental units downtown.  The project developers, Forest City Residential and Hudson Group North America are also deeding 4 parcels of land to the Chinese Economic Development Council for the creation of new affordable housing units at Oxford Ping On in Chinatown.
“What makes Boston unique is that we create housing opportunities for all our residents,” said Mayor Thomas M. Menino. “The 120 Kingston Street project will add rental options in a stunning new building on the Greenway to the downtown market, while creating 48 affordable units in Chinatown -- strengthening and preserving the community’s cultural fabric.”
“Right now in Boston there are over 3,300 units of housing under construction, representing $1.7 billion worth of investment,” said Director Meade. “What’s unique about all of this new housing is that it’s housing for all residents, and the 120 Kingston Street project exemplifies that.”
The 26-story building will include a mix of 18 studios, 175 one-bedrooms, 43 two-bedrooms, and 4 three-bedrooms, creating new housing opportunities for families downtown. The project also includes 4,500 square feet of ground floor retail slated for a restaurant with an outdoor component. “Our project on Kingston will provide added street life and urban vibrancy to this neighborhood,” said Ori Ron, managing partner of Hudson Group North America, LLC. “We’re very happy to be part of this neighborhood transformation.” The tower’s design is a contemporary blend of granite, concrete and convex radius glass which reaches nearly the full height of the building, reflecting a gentle turn in the path of the Greenway at that point. Designed by Elkus Manfredi Architects, the exterior building design team also includes Perkins Eastman and RODE Architects which is handling the design of the interior spaces. “This is truly a remarkable site with wonderful visibility within the neighborhood, great accessibility and impressive views,” said Frank Wuest, president of Forest City Boston. “The 120 Kingston building will be an impressive addition to the Boston skyline that will nicely complement the Greenway and create a great new facet of living in this neighborhood.” About the Hudson Group North America Since the 1990’s Hudson Group has developed over 50 residential and commercial condominiums in the nearby Leather District and is well in tune with the pulse of the neighborhood, its amenities and its future potential. About Forest City While this is the first development project for Forest City within downtown Boston, the Company has been active in the metro market since 1984. Forest City developed, co-owns and manages University Park at MIT, a highly regarded urban mixed-use, bio-tech/research campus in Cambridge. The 2.3 million total square foot, multi-building project included the adaptive reuse of historic, former industrial buildings, as well as all-new construction of residential, bio-tech/research facilities and commercial spaces including retail, dining, hotel and neighborhood support services. University Park also features an attractive, central green space area.

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