Randolph, Ma – Pro Con Inc of Manchester, NH is the general contractor for 120 apartment units in three high-quality buildings, located in the Rosemont Square community of Randolph, MA. The new development will complement the existing 384 garden-style apartment units at Rosemont Square, which are also undergoing renovations. The community is being developed by The Praedium Group, a New York City-based national real estate investment firm and its partner, Beacon Communities of Boston, residential real estate owners, developers and managers. Davis Square Architects of Somerville, MA is the project architect and Stantec Consulting of Boston is the landscape architect.
The 120 new apartment homes will be located in three, four-story garden-style buildings. Each of the 840 SF, one-bedroom apartments will feature a fully furnished kitchen with Energy Star appliances, washer and dryer, and individual balconies with sliding glass doors. Six of the units will be accessible apartments and some units will have open kitchen floor plans.
“Beacon and our team are very excited to continue our investment in the Town of Randolph,” stated Pamela Goodman of Beacon Communities LLC. “We are very pleased with the improvements that we made to the existing rental community and believe that creating new, well designed and constructed one bedroom apartments in small scale elevator buildings will further improve the property and will provide a housing option that currently does not exist in the Town.”
Rosemont Square is a rental community with first rate amenities including a new clubhouse, pool and fitness center that were completed in 2010. Rosemont Square is situated on 38 acres in a quiet residential setting and is conveniently located near Boston, major highways, fine dining, shopping and entertainment.
Construction on the 120,000 SF residential project began in December 2011 and is scheduled to be completed in November 2012.
“Located in the Boston suburb of Randolph, Rosemont Square presented us with the ideal opportunity to respond to increased demand for new housing stock and expand a top-quality residential community,” said Chris Hughes, Principal of The Praedium Group. “This is another perfect example of our value-add investment strategy.”