Volunteer Initiative in East Boston

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A big thank you to our staff at MG2, Alaris Construction, and Grid Management for donating their time last week and this week to the YMCA Hunger Prevention Distribution Center! Our employees are all carving out time to lend a hand in their communities this year, starting with an ongoing volunteer effort with the YMCA Food Distribution Center.

Between last week and this week the following was accomplished:

·      1,200 Bags of food packed.
·      7 employees participated.
·      24 hours of volunteer work.
·      10 drop off sites filled

Thank you to our dedicated employees for stepping up and helping the workers at the YMCA!

Working with the YMCA Hunger Prevention Distribution Center has been very rewarding for our company, as well as our employees, for more information on their mission click the link below! We are looking forward to posting updates as our volunteer efforts continue in the upcoming weeks.

https://lnkd.in/en_5pBmP

Volunteers

MG2 & Blueground partnership

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We are excited to announce a new partnership with Blueground at one of our recently acquired buildings on Beacon Hill!

Blueground is a global proptech company that operates a curated network of thousands of move-in ready, fully furnished apartments enabling people to live flexibly wherever they choose. Blueground apartments are available for rent in the most sought after neighborhoods in Boston, the US, and around the globe.

We are looking forward to seeing Blueground’s vision come to life with aesthetically pleasing décor and attention to detail for their renters. Click the link below to find out more about their business https://lnkd.in/gk48WJ4.

New Condo in Pre-Sale

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The beautiful new construction at 277 Border St. in East Boston will be home to 18 luxury condos, including two units that fall under Boston’s Inclusionary Development Policy.

 

Each unit features a private outdoor space, Quartz Countertops, slab cabinetry, matte black fixtures, and stainless appliances. In addition to the 18 condos, we will be adding a commercial space to ground floor of the building, helping the East Boston neighborhood continue to grow. Additional details and pre-sale information can be found by clicking the link below.

2) bedroom kitchen (2) (1)

2-10 Maverick Square

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We are adding to our East Boston portfolio.

MG2 Group has begun construction on our newest boutique build located at 2-10 Maverick Square, right in the heart of Maverick Square. This building will host 25 residential units, including 3 units that will be designated affordable units under Boston’s IDP, all which will have beautiful panoramic views of Downtown Boston and Boston Harbor. 2-10 Maverick Square will also include two signature retail spaces to help liven the Maverick Square area.

Continue to follow us for more details of the positive impacts this project will have for the East Boston community.

One52 Now Leasing

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At MG2, we realize the potential in areas such as East Boston and Worcester and have proven our ability to grow and develop in these neighborhoods. MG2 works as a vertically integrated company and specializes in controlling costs in all aspects of real-estate investments, from managing construction with Alaris Construction to property management with Grid Management. We are continuing to grow our East Boston portfolio and are excited to announce the start of leasing at our boutique rental building at 152 Liverpool St.

One52 features 24 units, 3 of which are designated as affordable under the City’s Inclusionary Development Policy. The units have high-end finishes such as quartz countertops, stainless steel appliances, flat-paneled cabinets, and glass frameless showers. The quality craftsmanship and contemporary design showcase the skill of Alaris Construction and their dedication to even the smallest of details.

MG2 remains committed to enhancing the sense of neighborhood with our buildings so we’ve included a 1,185 square foot retail space that would be great for a café or boutique retail.

Exterior

Kitchen with window

Recent Ground Up Construction Projects

John McGrail

MG2  Group is proud to announce the completion of several recent ground-up construction projects in the growing neighborhoods of East Boston:

130 Coleridge

Alaris Construction_130 Coleridge 9
Harbor View, East Boston
At one time a small, single family home, MG2 Group and Alaris Construction transformed this underutilized lot into a high-end, 12,700 SF, three-story residential building with eight condo units.

65 Meridian

Alaris Construction_65 Meridian 4
Maverick Square, East Boston
This project saw the ground-up development of a 11,600 SF, five-story mixed-use building with 1,500 SF of retail and six high-end condo units.

336 Chelsea

Alaris Construction_336 Chelsea_Bedroom

Day Square, East Boston
MG2 Group turned an old glass installation company space into a 14,000 SF, four-story mixed-use building with 3,200 SF of retail and six high-end condo units.

 

BPDA Approves Project at 656 Saratoga St.

John McGrail

Article from the Eastern Boston Times, written by John Lynds
At its last meeting of the year the Boston Planning and Development (BPDA) approved the 30 unit rental project proposed for a large vacant lot on Saratoga Street.

Developer MG2 plans to develop the 16,500 sq. ft. vacant lot at 656 Saratoga St. into market rate rental housing by combining six parcels on the lot into one developable parcel.

The original plan would have MG2 erect a five story, 50 ft. building. The building would have included 62 units with a mix of studio, one and two-bedroom units and retail opportunity on the ground floor. A later scaled down version then called for 43 units of market rate rentals that would be a mix of studio, one and two-bedroom units and 39 parking spaces and eliminated the retail component.

However, the community still felt at five stories and over 50 ft. tall the building was uncharacteristic of the surrounding neighborhood and sent MG2 back to the drawing board. MG2 then lowered the building to four stories and 40 units with 30 parking spaces. This was the plan that was rejected by members of the HVNA at a meeting a few months back.

At last month’s HVNA meeting MG2’s attorney, Richard Lynds, said his client has reduced the number of units to 30 and knocked an entire floor off the building, bringing the height down to just under 32 ft. at three stories.

As currently proposed, the 30 residential units are anticipated to consist of 14 studio units, seven one-bedroom units, and nine two-bedroom units.

This project will also include a financial contribution of $28,500 to be used toward the relocation of the MBTA bus stop and shelter on westbound Bennington Street/Moore Street on the Route 120 to the far side of the intersection. This transportation enhancement will improve operations on the Route 120 bus and improve pedestrian safety. In addition, a $3,000 contribution to the Salesian Boys and Girls Club Incorporated will be used for general operating capital for the club, which provides athletic, tutoring, dance, cooking, and educational programming for local children. Another contribution of $3,500 to the Veronica Robles Cultural Center Corp. will be used for general operating capital needed to sustain and implement youth programs which include art making, dance, and musical activities.

In its ruling the BPDA said the project makes progress towards Mayor Martin Walsh’s goal of increasing affordable housing to support a strong middle-class. The project includes four “income restricted” units. Earlier this fall in response to increased population growth, Mayor Walsh announced updated housing targets supporting the creation of new affordable housing, increased access to homeownership opportunities, and preventing displacement of residents.

BPDA Approves Two Eastie Projects at October Meeting

John McGrail

Article from the Eastern Boston Times, written by John Lynds
The Boston Planning and Development Agency (BPDA) approved two separate projects on Border Street at agency’s October meeting that will result in 34 units of housing and financial contributions to the East Boston Social Centers and East Boston Greenway as part of construction mitigation.

The first project by MG2 at 277 Border St. plans to eliminate an existing auto body to construct five story, mixed-use development with 18 units and parking for eight vehicles.

The project was supported recently by members of the Eagle Hill Civic Association (EHCA). EHCA members worked for months on the project’s design, scale and mitigation to local non-profit organizations.

The building will feature 18 condominium units, made up of 16 market-rate units and two affordable units under Boston’s Inclusionary Development Policy (IDP). In addition, the building will also have one ground floor commercial unit. There will be eight off-street garage parking spaces located at-grade level. Bicycle storage and a trash/recycling room will be located within the ground-level of the building. The 18 condominium units will consist of a mix of four studio units, 11 one-bedroom units, two two-bedroom units, and one three-bedroom unit.

MG2 has committed $10,000 contributions to both the East Boston Social Centers and the East Boston Greenway. The East Boston Social Centers contribution will be used to fund youth athletic and enrichment programs, while the East Boston Greenway contribution will be used to fund construction and improvements.

The building would be a modern design with large windows and a mix of metal and wood materials.

According to the BPDA, the project will create about 40 construction jobs.
The second project the BPDA approved was just down the street from the first at 425 Border St.

There the developer plans to replace an existing auto repair shop with a five story, 16 condo unit building with 16 off-street parking spaces. Two of the 16 units will be affordable IDP units.

All 16 units will be two bedroom units. The project is located five blocks from Central Square and less than one mile from the MBTA’s Blue Line Maverick Station, and is well served by multiple bus lines operating in Eastie.
Again the developer has committed $10,000 contributions to both the East Boston Social Centers and the East Boston Greenway.

The project includes a more modern design than what EHCA members are usually support. However, while the project is in the Eagle Hill Historic District the developer plans on making the building a blend of modern and more traditional since it borders historic homes at the transition between the historic district and more industrial area of Border Street.

This project, according to the BPDA, will create 50 construction jobs.

BPDA Gives Nod to Two Eastie Projects

John McGrail

Article from the Eastern Boston Times, written by John Lynds
At last Thursday’s Boston Planning and Development Agency (BPDA) meeting the BPDA approved two East Boston residential development projects that will add 61 units of housing to the neighborhood, eight of which will be set aside as affordable units.

The first project approved by the BPDA will allow developer, MG2, to go ahead with plans to re-develop a 6,074 square-foot commercial site at 152 Liverpool Street in the Central Square section of the neighborhood that is currently an auto repair shop.

The project will involve the demolition of the former auto repair shop and the construction of a new, five-story, mixed use building, containing 23 residential units, one commercial unit, and nine off-street parking spaces located in the building’s garage. The garage will be entered and exited via Liverpool Street, which has access to Central Square and Meridian Street.

According to MG2’s attorney, Richard Lynds, the proposed project would create a residential development combining market-rate and affordable housing opportunities in an ‘aesthetic appropriate’ in scale, massing and design to the Central Square area. The retail space, explained Lynds, could be used as a cafe or affordable office space.

The project will include three affordable units under the BPDA’s Inclusionary Development Policy (IDP).

In its ruling the BPDA wrote, “The 152 Liverpool St. project will demolish the existing automobile repair facility that currently occupies the site and construct a five story, approximately 23,010 square foot mixed-use building with approximately 23 residential rental units, including three income-restricted units, approximately 1,910 square feet of retail/commercial space, approximately nine off-street vehicle parking spaces, and at least 23 on-site bicycle storage spaces. As currently proposed, the 23 residential units are anticipated to consist of two studio units, eight one-bedroom units, twelve two-bedroom units, and one three-bedroom unit.”

The second project approved by the BPDA will replace a former factory at 287-293 Maverick St. with 38 residential units, including five IDP units and commercial space.

Developer MG2 received community support from both the Jeffries Point Neighborhood Association and the Gove Street Citizens Association. MG2 plans to tear down an former industrial building known locally as the ‘Pickle Factory’ at 287-293 Maverick St. and replace it with 38 condo units.

The site is currently occupied by a garage and warehouse, and is approximately eight minutes walking distance from the MBTA Blue Line subway and bus service at Maverick Station.

The project will construct a five-story, mixed-use building with 38 homeownership condo units, five income-restricted (IDP) units, retail/commercial space, 30 off-street vehicle parking spaces, and at least 38 on-site bicycle storage spaces. The 38 residential units are expected to consist of two studio units, 10 one-bedroom units and 25 two-bedroom units.

“In addition to revitalizing the former industrial site, the project will provide a number of public benefits to the East Boston neighborhood, including, but not limited to: pedestrian access improvements and new widened sidewalks, a $30,000 contribution toward a neighborhood transportation analysis, planning initiative, or public realm improvement(s), and a $5,000 contribution for the Crossroads Family Center, Inc. to support the organization’s mission and the services provided to support families as they transition from homelessness to independent living and self-sufficiency,” the BPDA wrote in its ruling.