Nutter Advises Brighton Marine on Veterans Affordable Housing Project in BostonPrint PDF
For over 30 years, Nutter has been proud to represent Brighton Marine, a non-profit corporation supporting uniformed service members, retirees, veterans and their families in the Allston-Brighton community. Recently, Nutter assisted its client with the development of The Residences at Brighton Marine, a $46 million project creating 102-units of affordable housing in Boston with a preference for veterans.
Nutter advised Brighton Marine on all aspects of this project, including the original strategic planning, the permitting, the formation of the joint venture with WinnCompanies, the ground lease to the joint venture and the financing. The Nutter team was led by Beth Mitchell and Mary Marshall and included Brent McDonald, Melissa McMorrow, Patrick Concannon, Chris Papavasiliou and David Libardoni.
The groundbreaking occurred in June 2018, with Massachusetts Gov. Charlie Baker, Boston Mayor Martin J. Walsh and Congressman Seth Moulton in attendance, along with other local, state and federal dignitaries.
The building will be comprised of six stories, with a range of units from studio to three bedrooms, covered and uncovered parking, and community amenities such as a fitness center, community room, media room, classroom, and child play area. The units will be built adjacent to Brighton Marine’s campus and provide apartments for qualifying veterans and their families who want to live in Boston, but do not have the means to afford more expensive housing options. The transit-oriented site is located along the MBTA’s Green Line subway route. Expected occupancy will be in late 2019.