Penny Savings Bank

The Penny Savings Bank building, formerly owned by the Archdiocese of Boston, will be turned into 23 condominiums. The developer has restored the white-marble, two-story facade of the bank. There will be three-stories of glass-walled additions added to the top. Residents of the lower floor will have high ceilings and loft-like interiors, as well as balconies. The addition will be set back from the front and Union Park Street side of the building.  Residents will enter through Union Park Street, and there will be two retail spaces, on the first floor.  The bank is a classical revival building, unusual for the Victorian South End, and was built between 1911 and 1917. The archdiocese bought it in 1959 and used it as a community center.  Of the 23 condominium units, three will be designated affordable.  We give two thumbs up for the Penny Savings Bank. Great architecture, great location’s great project!!!!  More information on the Penny Savings Bank condos coming soon!  Tags: Penny Savings, Penny Savings Bank Condo, Penny Savings Lofts, Luxury Condos, Luxury Lofts, Boston Condo, Boston Real Estate, South End Condo, South End Loft

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