REDEVELOPMENT OF BUILDING SERVES AS EXAMPLE OF HOW BOSTON NEEDS TO ADDRESS HOUSING DEMAND
Dan Atkinson
August 29, 2017
Gov. Charlie Baker and Mayor Martin J. Walsh praised the redevelopment of a Brighton office building as an example of how Boston needs to address housing demand.
The six-story Nova Residences on Commonwealth Avenue has 80 one- and two-bedroom units, including 10 affordable units, in an eight-story building that once housed Baker’s gubernatorial campaign headquarters. Rents range from $1,850 to $3,250.
“This project here that took an office complex and turned it into housing is exactly the sort of project that we need to see happening a lot more in communities around Massachusetts,” Baker said.
Real-estate pros and others have expressed concern over future affordability as the number of housing units available for sale, or for rent, has been in decline.