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Boston & New England  + Metro Boston  + Apartments  | 

Greystar Breaks Ground on 650-Unit MF Project in Everett

Greystar Real Estate Partners has broken ground on 85 Boston Street, a 650-unit apartment project in Everett, MASS.

The nearly six-acre site will be developed with 650 new apartments across two 6-story buildings with 33 affordable on-site units. The groundbreaking was for the first building, which will be dubbed The Mason and will include 330 rental units as well as on-site parking for approximately 400 cars. Amenities will include a courtyard with a pool and grilling stations, individual and collaborative spaces to support remote working, a fitness center with a studio room for classes, dining and lounge areas, a pet-friendly park and a community room.

The project marks Greystar’s first development project in the City of Everett. The project is a joint venture between Greystar and Cigna Investment Management.

“The city has been a terrific partner at all stages of this project and The Mason will greatly contribute to the transformation of the surrounding industrial neighborhood into a walkable, welcoming district with vibrant retail and outdoor spaces,” said Gary Kerr, managing director for Greystar Development Services in the Northeast Region.


Inside The Story

Greystar’s Kerr

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.