The construction boom across the city benefits smaller but increasingly trendier neighborhoods as Roslindale. Potential homebuyers priced out of downtown and surrounding areas are beginning to appreciate Roslindale’s close proximity and accessibility to public transportation. Developers are taking notice. The latest development project approved by the BRA are new condos on Taft Hill Terrance.
- Total Project Cost: $4,000,000
- Total SF: 15,353
Parkhead Development, LLC, led by Michael Indresano, received approval on plans to construct 19 condominium units off of Taft Hill Terrace in Roslindale. The project, designed by Embarc Studio, will contain two one-bedroom units, 15 two-bedroom units, and two three-bedroom units spread between two new buildings. Two of the units will be deed restricted as affordable housing, and the developer will make a $96,000 contribution to the City’s Inclusionary Development Fund to fulfill their obligations under the current policy.
The project will include bicycle storage and 19 on-site parking spaces for vehicles. Each condo owner will receive a $2,000 credit towards a car share account to encourage active transportation.
Source: Boston Redevelopment Authority
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