Boston – Mayor Thomas M. Menino, BRA Director Peter Meade; Portland, Oregon developers Gerding Edlen; restaurateur Barbara Lynch and Senator Jack Hart celebrated a groundbreaking on Boston Wharf Tower in Fort Point. The $100 million project will feature 202 rental units, including 22 onsite affordable units. The project also includes an offsite component at 63 Melcher Street with 27 units of innovation housing.
Boston Wharf Tower at 319 A Street Rear in the heart of the Innovation District will be Gerding Edlen’s first Boston development. This 20-story tower will be the first new high-rise multifamily project in the Fort Point Channel area and is slated for completion by November 2013.
A sister project at 63 Melcher will feature 38 units of housing, including 27 innovation units for entrepreneurs, five affordable live/work artist spaces, and six top floor market rate units. It is scheduled to come online in fall 2012.
Both Boston Wharf Tower and 63 Melcher are designed to maximize space and minimize energy usage and both projects are expected to achieve minimum LEED Silver certification.