DOUGLASS PARK


Project Description: Condominium and rental apartments, retail-commercial space with underground parking garage.

Location: Boston, MA

Developer: Douglass Park Associates, LTD 

Architect: ADD, Inc. - Vitol Associates

Development Cost: $20,000,000

Services Provided: Managing General Partner for 122 market rate rental apartments (27% subsidized); thirty-three residential condominiums; 7,000 sq. ft. of retail-commercial space and 106 space underground parking garage. Procured development site, participated in project planning; project design and.development including preparation of multiple financing applications to Federal, State and City Agencies, architectural selection/liaison; contractor selection and contract negotiations; and construction oversight. preparation  of marketing strategy, rental-up and sales supervision, property management plan, securing construction loan and permanent mortgage financing, obtaining equity/tax shelter participation.

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