Construction on a luxury apartment tower in the Bulfinch Triangle area
began last month, the first step in creating a more neighborhood-like
atmosphere near North Station.
The Victor will have 286 apartments, 138 garage spaces and 17,000 square feet of retail that developers are hoping will include a full-scale restaurant.
The property, located on the corner of Causeway and Beverly streets, is currently a vacant parcel created as a result of the destruction of the Central Artery. The developers, Simpson Housing, LLC, are leasing the land from the state. The tower will include a glass-curtain wall and will face TD Garden and the Zakim bridge.
“This parcel is a missing tooth in terms of the void the Central Artery created between the North End and West End,” said Patrick McMahon, a vice president with Simpson Housing. “We are one of a couple parcels that will help to fill that void. The addition of our building should underscore the area as a place to live.”
The tower will include studios up to two bedrooms with dens, said McMahon. It will also have a health club and garage parking. Rents will range from $2,000 to more than $3,000.
The $140 million project is set to be done in 2013.
Other new developments in the pipeline in the Bulfinch Triangle
A residential and retail complex by Trinity Financial on Canal Street is expected to include a supermarket.
A mixed-use complex on the Government Center garage site is expected to include 2.4 million square feet of residential, office, retail, parking and hotel space.
The Merano is a complex that will sit on Causeway and Beverly streets and is expected to include retail, residential, hotel and office space.
(Source: Boston Redevelopment Authority)