9-23 Griggs Street, Allston, MA
The Boston Redevelopment Authority approved Mount Vernon Company as new developer to transform Allston Garage Site. This $23 million, 37,000 sf, 100 unit resident project will enhance pedestrian activity along Griggs Street and Brainerd Road with new residential uses including the creation new open green space.
$5 million - $100+ million
(as a project manager we have worked on projects as large as $600 million)
Primarily focused in the Greater Boston Market including Rhode Island and southern New Hampshire
We have had extensive experience in the Boston – Washington corridor and will consider select investments in these markets as well.
We have both the appetite and ability to acquire investments structured in a variety of ways. We favor investments that afford us the ability to control the asset, add value and realize appreciation. We have purchased properties outright, acquired subject to a ground lease, acquired notes secured by real estate and crafted joint ventures with existing owners who require equity capital. We are creative in our approach and are flexible in adapting to the needs of the particular project.
We invest our own capital in our projects and have owned real estate in a variety of different structures over our history, including wholly-owned assets, joint ventures, real estate funds and a real estate operating company (REOC). We are currently seeking one-off investment opportunities in conjunction with our capital partners.