One Gurney Street | Apartments at Roxbury Crossing

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

Investor

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

Other Massachusetts Projects

NMTC financing totaling $2,000,000 to finance the acquisition of an existing sublease and build out of space for Lowell House Inc.
Financing of the former Bradford Durfee Textile School in Fall River, Massachusetts.

The redevelopment of a historic theatre that will consist of restoring the 44,000 sq. ft. 750 seat theatre and the attached West Wing that houses back of the house space

NMTC financing supported the construction of the Match Charter Public School