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Cambridge, MA - Leggat McCall Properties LLC and ING Real Estate Development recently held a groundbreaking ceremony to celebrate the start of construction on One First, a 196-unit condominium development project that will transform nearly an entire city block in East Cambridge into a state-of-the art residential community. This is one of the largest condominium projects to be delivered in Boston and Cambridge in five years.
Even before the start of construction, about 35 percent of the units have been pre-sold. The first units completed in the One First Development are scheduled for occupancy in the summer of 2006.
One First is a joint venture between Leggat McCall Properties of Boston and Washington, DC-based ING Real Estate Development. The 1.5-acre, five-building, 196-unit development totals approximately 295,793 gsft, including more than 9,000 sf marked for street-level retail space. The first phase of the project is scheduled to be completed in the summer of 2006.
The One First project is a true reuse development that will turn the old New England Confectionery Company (NECCO) buildings into beautiful and modern condominiums ranging in price from the low $400,000s to more than $1 million. The project features an expansive private garden that will be surrounded by the five distinctive buildings, creating an oasis of private space for its residents. The 196 state-of-the-art residential units -- 66 one-bedroom units, 121 two-bedroom units and 9 three-bedroom units - feature soaring ceilings, expansive windows and open kitchens with granite countertops. One underground parking space is included with each unit.
The project's architect is Boston-based Elkus Manfredi. The general contractor is Boston-based John Moriarty & Associates. Boston-based McNamara/Salvia, Inc. is providing structural engineering services. AHA Consulting Engineers will be responsible for the energy efficient mechanical design.