BOSTON, MA – Holliday Fenoglio Fowler (HFF) announced the $144.5 million sale of New Boston Fund’s, The Tower at One Greenway, a newly-constructed, 217-unit luxury apartment community in the heart of downtown Boston. The HFF team marketed the property on behalf of the seller.

Completed in 2015, The Tower at One Greenway is a LEED Silver-certified, 21-tale trophy apartment tower with 3,180 square feet of retail and a 135-space underground parking garage.

Units average 822 square feet and are offered in 23 different open-layouts with chef-style kitchens, GE stainless Energy StarTM appliances, built-in pantries, in-unit washers and dryers, walk-through closets and keyless entry. Top floor units are equipped with personal balconies, floor-to-ceiling glass and GE Café series appliances.

Residents have access to a top-of-the-line amenity package that includes a rooftop terrace with fire pits; an outdoor park with deck and grills; balcony lounge with 80” TV, 11th floor resident lounge with billiards and entertainment bar; fitness center, yoga studio, K9000 Turbo Dog Wash, bike store and electric car charging stations. Additionally, BeanTowne Coffee is situated directly off the lobby.

The property’s location at 99 Kneeland Street places it within walking distance of Boston’s major destinations and provides residents with unparalleled access to public transit at South Station, the MBTA Red and Orange Lines as well as immediate access to Interstates 93 and 90.

“The unprecedented demand for Boston residential real estate made now the opportune time for us to sell the Tower at One Greenway,” said Jim Kelleher, Chief Investment Officer at New Boston Fund. “New Boston is extremely proud of its role in transforming the former Parcel 24 site into One Greenway and we appreciate the contributions of our many partners made throughout the course of this project.”

The HFF investment advisory team included executive managing director Matthew Lawton, senior managing director Riaz Cassum, managing director Chris Phaneuf and senior director Mark Campbell.

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HOBE SOUND, FL – Senior Lifestyle Corporation, an industry-leading owner, operator and developer of senior living communities, hosted the official groundbreaking ceremony of one of its newest plotted communities, The Sheridan at Hobe Sound.

The project is a joint venture between Senior Lifestyle Corporation and CA Senior Living, the senior housing investment and development division of Chicago-based CA Ventures. Senior Lifestyle Corporation will operate The Sheridan at Hobe Sound.

The Sheridan at Hobe Sound is scheduled to open in early 2019 and will feature 85 helped-living apartment homes, as well as 40 memory care residences developed specifically to support those with Alzheimer’s, dementia and other memory-impairing illnesses. The 110,000-square-foot retirement community will sit on 7.53 acres of land at 5050 SE Seabranch Blvd., just off SE Federal Highway between Mariner Sands Country Club and Heritage Ridge Golf Club.

“We are excited to bring The Sheridan at Hobe Sound to the heart of Martin County,” said Matthew Phillips, executive vice president of development for Senior Lifestyle Corporation. “The residents of Hobe Sound, as well as the neighboring areas, will now have an option that offers the latest in innovative care, design, and hospitality for seniors in the central location of Hobe Sound. Anyone traveling north or south from Stuart to Tequesta will pass right by our community, which sits on Federal Highway just south of the premier Mariner Sands Country Club. The location is truly special.”

“The Sheridan at Hobe Sound is designed with a resort-style feel and will bring an engaging lifestyle experience to its residents, who will benefit socially and physically from the shared amenities and top-notch services that will be available here,” said Ben Burke, president of CA Senior Living. “It’s very rewarding to continue to grow our relationship with Senior Lifestyle Corporation as we partner on this, our fifth project with them in three years.”

Residents of the community will delight in chef-prepared meals with friends in the elegant dining room, and indoor and outdoor amenity spaces that foster social connectivity. Residents will also be able to get inventive in the creative studio, play bocce ball, practice on the putting green, dine on an outdoor patio and delight in the serene landscaped outdoor spaces and walking paths that weave throughout the property and boast views of the surrounding natural wetlands.

In addition to providing a range of helped living and memory care accommodations to meet the housing needs of greater Hobe Sound’s growing senior population, The Sheridan at Hobe Sound will make more than 150 new jobs in the community.

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OAKLAND, CA – International award-winning firm KTGY Architecture + Plotting announced today that the new mixed-use residential community at 360 5th Street in San Francisco, developed by Trammell Crow Residential (TCR) and designed by KTGY, was recently approved by the plotting commission. The new $95 million development located in San Francisco’s SoMa (South of Market Street) district includes 127 apartment homes and over 9,300 square feet of retail and creative workspace on .53 acres.

TCR and KTGY worked diligently with the surrounding community to respect the area’s considerable history while providing modern new residences to the area. Connecting the new building with its neighborhood and with the city of San Francisco was a major focus of the design.

“The building faces 5th Street, a major arterial, and is bound by Clara Street and Shipley Street,” said Jessica Musick, Associate Principal in KTGY’s Oakland office. “The side streets are narrower ‘living streets’ where the intention of the city is to make residential enclaves. The architecture facing the living streets is designed at a smaller scale, with street-level front doors and stoops. We have also included references to the San Francisco tradition of bay windows. The bays provide both character and texture to the building façade at the same time, filling the residences with light and directed views to the outside.”

To place a modern spin on the traditional bay window design, there is a colorful “belt” around the building that shifts the view focus within the units from downtown to the bay. A generous roof deck overlooking the living street as well as 5th Street both activate the street edges and ensure usable open space is exclusive to the residents.

While the ground-level units delight in the connection to the street, upper units are elevated flats and select units have private decks. Shadow analysis along the top of the building led KTGY to incorporate step-backs in the building design, optimizing the light to the building and the neighbors. According to Musick, the design makes maximum use of the building envelope, under the current zoning, with five levels of Type III construction over three levels of Type I.

The SoMa area is currently home to artisan and craftsman businesses and the local community prides itself on the “makers” arts community and expressed this as an vital value. “TCR’s plans for the new development include creative workspace and some retail spaces at the ground floor level, further preserving the sense of community for SoMa,” Musick noted.

According to Bruce Dorfman, Senior Managing Director of TCR’s Northern California division, “TCR is pleased to receive approvals for this highly visible and walkable site in Central SOMA. Adding 127 new residential units to this neighborhood as well as making 8,011 square feet of space for production, distribution and repair and arts activities uses and 1,300 square feet of retail will enhance this area. The development also includes streetscape improvements along Shipley, 5th and Clara streets to greatly improve the pedestrian experience.”

The location’s proximity to public transportation and high walkability score resulted in a minimal number of parking spaces being incorporated in the development. 360 5th Street’s accessibility to transportation is brilliant and will be augmented by San Francisco’s Central Subway, one of the largest infrastructure projects in the city. The new line will serve well loved destinations along the 1.7 miles from SoMa to Chinatown including Moscone Center and Union Square. Located just blocks from one another, 360 5th Street and the Central Subway are both plotted to open in 2019.

KTGY and TCR are also working together on several other projects in the Bay Area including the Alexan Webster, located in Oakland’s Lake Merritt neighborhood, which involves redeveloping a public surface parking lot in a public/private venture with the City of Oakland. The $135 million project, which is currently under construction, includes the development of a replacement parking structure owned by the City and a luxury apartment community with retail space and a dramatic public art installation.  Additionally, KTGY has designed parts of Alameda Point Town Center master plot for TCR, which is the first phase of the redevelopment of the former Naval Air Station in Alameda, and Napa Creek condominium development project in the city of Napa. The Oakland office of KTGY has a 20-plus-year history working with many of the top residential developers designing both market rate and affordable residential communities for residents living in the San Francisco Bay Area.

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