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Boston, MA (2011)

225 Centre Street

The 225 Centre Street project was the construction of a new mixed‐use property in the Jackson Square district of Jamaica Plain, an economically‐disadvantaged neighborhood near downtown Boston.

Investment

  • NMTC Amount: $10,687,560
  • Total Project Cost: $19,141,752

IMPACT

  • 20 FTE jobs
  • 503 construction jobs
  • 17,000 sq. ft. of real estate

Investor

Project Description

The 225 Centre Street project was the construction of a new mixed‐use property in the Jackson Square district of Jamaica Plain, an economically‐disadvantaged neighborhood near downtown Boston. The six‐story building has 103 rental units, 35 of which are affordable to lower‐income households, as well as almost 17,000 sq. ft. of first floor commercial space and parking. The $53.2 million project is the first phase of a $250 million redevelopment plan for Jackson Square. The plan involves a mix of multifamily housing, retail and office space, recreational areas, and green space on 11 acres of public and private land adjacent to the Jackson Square Massachusetts Bay Transportation Authority (MBTA) station.

MAP

Address: 225 Centre Street, Boston, MA 2130

Census Tract: 25025081300

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