DivcoWest, LCOR Top Off Park 151 MF Tower at Cambridge Crossing

DivcoWest and LCOR have announced the topping off of Park 151, a 20-story, 468-unit multifamily tower at Cambridge Crossing (CX).

The tower is located at 151 North First Street in the middle of CX, the new 43-acre mixed-use neighborhood underway at the intersection of Cambridge, Somerville, and Boston. The construction of Park 151 launches the first phase in what is slated to be several phases of housing development at CX, on top of 2,500 existing units in the nearby area. Additional partners on the project include architect CBT and general contractor John Moriarty & Associates. Completion of the property is currently expected for the third quarter of 2022. Once completed, Park 151 will provide 412 market rate apartments and 56 onsite affordable units.

“With a history of creating best-in-class properties in urban residential areas along the East Coast, we are thrilled to enter the Greater Boston market and partner with DivcoWest on such a significant development as Cambridge Crossing,” said David Sigman, executive vice president and principal at LCOR. “CX’s proximity to major job centers, higher education, transportation options, and cultural institutions ensure this community will appeal to a wide array of young professionals, families and empty nesters for years to come.”