PUBLICATION: The New England Real Estate Journal
RISE, a Boston-based minority-owned developer and construction firm, along with development partner, DivcoWest, has broken ground on The Ellery – a new residential community at 199 Gardner St.
The team includes Monte French Design Studio Architecture and Planning, Bohler Engineering, H+O Structural Engineering, McPhail Associates, and Wozny/Barbar & Associates (WBA).
The project will revitalize a former commercial site, replacing several industrial buildings with an 84,000 gross s/f residential building. The city itself is an anomaly – a suburban neighborhood within an urban setting, creating a community. Tree-lined streets and open space make for a desirable housing experience for many.
As part of RISE’s equitable development model, and continued mission to create housing options in the Greater Boston region, The Ellery will consist of a four-
story residential building with 70 rental housing units, including one-bedroom and two-bedroom unit options. Nine units will be designated as affordable and will be available to individuals and families earning up to 70% of the area median income (AMI).