Investments

36 River Street

Waltham, MA

234,814 | 200 Units

Multifamily Land Development

Now known as Currents on the Charles, 36 River Street was acquired by RCP as a land development opportunity for multifamily living.

Leveraging its market insight and development expertise, RCP unlocked value in a highly desirable riverfront location through the acquisition and advancement of the site. RCP led the project from initial concept through design, permitting, and entitlements, securing all necessary approvals and completing construction documentation. With entitlements in place and 100% construction documents completed, RCP strategically sold the fully permitted site to Hines in March 2013, positioning the project for successful delivery and lease-up in a supply-constrained market.

Amenities

  • Theater and gaming lounge
  • Network lounge
  • Fitness center
  • Yoga/training studio
  • Outdoor pool and deck
  • Outdoor kitchen
  • Outdoor gas firepit
  • Outdoor café seating
  • Adjacent to riverside park
  • Adjacent to bike path
  • Two parking spaces per unit

Status

Sold in 2013





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