One Gurney Street | Apartments at Roxbury Crossing

New Markets Tax Credit Coalition

Boston,
MA
(2016)

One Gurney Street | Apartments at Roxbury Crossing

Affordable Housing, Community, Housing, Mixed-use, Mixed-use and Commercial, Retail, Transit Oriented Development

New five-story mixed-use transit-oriented building featuring 40 affordable apartment residences, 27,000 sq. ft. of office space and 4,577 sq. ft. of retail.

Investment

NMTC Amount: $2,520,710
Total Project Cost: $13,107,389

IMPACT

152 FTE jobs
200 construction jobs
31,500 sq. ft. of real estate

CDEs

Citibank

Investor

Citibank

Project Description

New five-story mixed-use transit-oriented building featuring 40 affordable apartment residences, 27,000 sq. ft. of office space and 4,577 sq. ft. of retail. Apartments will include 9 one-bedrooms, 21 two-bedrooms, and 10 three-bedrooms. 32 apartments will be reserved for households earning up to 60% of area median income (AMI), three apartments will be reserved for households earning up to 30% of AMI and five will be reserved for households earning under 30% of AMI. Office space will be occupied by Metropolitan Boston Housing Partnership. The Parcel 25 Phase 1A building is located directly across from the Roxbury Crossing MBTA Orange Line station a short train ride to Downtown Boston. Completion of the building is expected in Fall 2017.

MAP

Address: 1 Gurney Street, Boston, MA 2120

Census Tract: 25025080801

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