Trammell Crow Residential Announces Development of Luxury Multifamily Community in Boston Metro Area
Retrieved on:
Tuesday, August 29, 2023
REIT, Other Construction & Property, Residential Building & Real Estate, Construction & Property, Urban Planning, Main Street, Employment, Northeast Division, Crow, TCR, Green Line E branch, Crow Holdings, City, Restaurant, Moody Street Historic District, One Bedroom, Central Massachusetts Railroad, Road, Greater Boston
Trammell Crow Residential (TCR), the multifamily development platform of Crow Holdings, announced today that it has closed on its construction loan to commence building its latest Alexan community, a 210-unit, luxury multifamily residence in Waltham, Massachusetts.
Key Points:
- Trammell Crow Residential (TCR), the multifamily development platform of Crow Holdings, announced today that it has closed on its construction loan to commence building its latest Alexan community, a 210-unit, luxury multifamily residence in Waltham, Massachusetts.
- Alexan Waltham will be located at 73 Pond Street in downtown Waltham and will feature five stories of Class A residential apartments over one level of at-grade podium parking.
- Alexan Waltham will offer both market-rate and affordable units in studio, one-bedroom, two-bedroom, and three-bedroom layouts ranging from 650 to 1,400 square feet.
- “This project is another example of TCR’s strategy to invest in high-growth areas across the U.S.,” said Andy Huntoon, Managing Director, Northeast Division of Trammell Crow Residential.