THR Acquisition, LLC, an affiliate of Transom Real Estate and Harbor Run Development, has broken ground on the Northampton Street Residences, a new housing project in South End, in Boston, Massachusetts. The five-story building, once a parking lot at 597-599 Columbus Ave., will comprise 47 units targeted for moderate-income first-time homebuyers, featuring various studio, one, two, and three-bedroom homes along with community spaces, bike storage, and an accessible unit.
“By offering affordable homeownership opportunities for Roxbury residents, these future homes represent the kind of positive investment we want to see in Boston,” said Chief of Planning Arthur Jemison. “More than four years in the making, this project will fulfill area planning and community goals.”
The Boston Planning & Development Agency approved the project, financially supported by MassHousing’s CommonWealth Builder Program, Eastern Bank, and the Massachusetts Housing Investment Corporation (MHIC) Healthy Neighborhood Equity Fund II.