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New Condos will Bring Home Ownership to Fenway

May 12, 2011

New Condos will bring Home Ownership to Fenway Private investment / Total project cost: $15m Total square footage: 68,000sq ft Number of jobs:
  • construction jobs: 125
  • permanent jobs once built: 0
Housing: 48 loft condos The Fenway area will now have more options for home ownership after the BRA board approved the $15million renovations of the existing Symphony Garage. This 68,000sq foot garage will be converted into 48 loft condos on 7 floors complete with 32 parking spaces, offering one of few ownership options in the Fenway area. The lower six (6) floors of the Proposed Project will involve the renovation of the existing Symphony Garage and the re-purposing of this existing structure from commercial parking to residential use and accessory residential parking.  The top floor of the Proposed Project will consist of a newly constructed 6,500+/- square foot rooftop.  This project is being developed by the Catamount Management Corporation. The developer has chosen to buy out the 7 required affordable units at $200,000/ unit. $1.2m will be given to the Inclusionary Development Fund, a fund reserved for the maintenance and up-keep of affordable housing projects throughout the City of Boston.

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Fenway Housing 

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