The New York Times profiles the Olmsted Green mixed-use development in this past Sunday’s paper.
When the project is completed in three to five years, the $150 million development will have 153 units of affordable and workforce rental housing, 83 units of affordable senior housing, and 287 market-rate condominium townhouses and apartments (priced from $278,000 to $550,000). There will also be a health and fitness facility; a job-training and education center; child care, youth and senior programs; and even an urban farm.
The project is currently under construction. Nineteen of the first 50 units should be finished sometime late summer; phase 2 should begin by the end of the year.
Prices for the two-beds start around $300,000-$350,000, and in the mid-$400’s and up, for three-bedroom, 1,400 square feet homes.
Source: A New Emerald Is Fashioned for Boston’s Necklace – By Lisa Chamberlain, The New York Times
