Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

21 Allen Street

Somerville, MA ID #73211289

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21 Allen Street

- Somerville, MA ID #73211289

Property Description

The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 02143
  • Taxes: 57,409
  • Living Levels: 12
  • Acres: 0.41
  • Buying Broker Compensation: 1.5

Rooms/Dimensions

  • Total Units: 69
  • Total Floors: 12
  • Total Rooms: 99

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Ryan Taylor of Fortune RE. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.