Investments

One North of Boston II

Chelsea, MA

256,878 SF | 222 Units

Multifamily Development

One North of Boston II is a ground-up multifamily development located near the Silver Line extension, providing convenient access to Boston’s Seaport District and South Station. Building on the success of Redgate’s investment in One North of Boston I, the development benefits from shared amenities and operations with the adjacent Phase I property, creating more than 40,000 square feet of amenity space and operational efficiencies across the broader community.

RCP partnered with the landowner to execute an off-market acquisition, leveraging its local market knowledge, residential experience, and development expertise to manage risk and maximize value. As lead partner, RCP oversaw all aspects of design and delivery and continues to provide asset management following disposition

Amenities

  • Club suite with bar and gaming concept
  • Media lounge
  • Fitness center
  • Spin studio
  • Indoor basketball court
  • Outdoor swimming pool and deck
  • Outdoor gas fireplace and grills
  • Outdoor café seating
  • Access to a professionally managed dog care facility
  • Outdoor gaming area
  • Parking

Status

Operational and Stabilized





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