The $400 million residential and retail development over the Massachusetts Turnpike between Kenmore Square and Fenway Park has scaled back on total number of condo units.
The original plans included 688 residences, which was cut to 353 in August of this year. In the newest plans, a 264 residences will be constructed as part of a 1.29 million-square-foot village over the Massachusetts Turnpike between Beacon Street and Brookline Avenue. In this new version, One Kenmore will include three buildings totaling 7, 13 and 17 stories. The project will include 350,000 square feet of commercial space and 1,360 parking spaces.
According to Banker & Tradesman:
One Kenmore, the long-delayed $450 million urban village in Kenmore Square that would connect Boston’s Fenway and Audubon Circle neighborhoods, has shrunk to accommodate the new reality [of a slower real estate market].
Under the latest version, 264 apartment or condominium units will be built as part of a 1.29 million-square-foot mini-city over the Massachusetts Turnpike between Beacon Street and Brookline Avenue.
This is not the first time the project’s housing units has been trimmed. In January, the plan included 688 residential units. But by August, as home sales in the Bay State continued to plummet, the number was trimmed to 353.
More on One Kenmore Condos comings soon!