What is happening at Suffolk Downs?
Suffolk Downs Boston is undergoing a massive transformation. Known for its historical significance as a renowned race track since 1935, it has been a prominent landmark in the city. Today, Suffolk Downs is being redeveloped into a resilient neighborhood that will meet critical housing demands and create a new economic hub in the city.
Suffolk Downs Redevelopment
The Suffolk Downs redevelopment will feature hotels, two new retail squares, and office space for life sciences and innovative companies, establishing a new economic center. Additionally, 40 acres of new open space will be developed for community gathering and recreation, contributing to the project's forward-thinking resiliency design to manage climate change and sea-level rise.
Expected Outcomes of the Suffolk Downs Redevelopment
The primary objectives of the Suffolk Downs redevelopment are to address housing shortages, create a dynamic economic hub, and ensure environmental resilience. Expected outcomes include a significant increase in housing availability, job creation, and enhanced community spaces.
Notable Developers in the Suffolk Downs Redevelopment
The HYM Investment Group, in partnership with Cathexis and National Real Estate Advisors, is leading the Suffolk Downs redevelopment project. Their vision is to create a welcoming neighborhood designed around new ways of living and working.
What are they building at Suffolk Downs?
Suffolk Downs Apartments
The Suffolk Downs redevelopment will feature a variety of residential buildings, including Suffolk Downs apartments and condominiums. The first residential building, Amaya, will offer 475 units and is scheduled to open in June. Suffolk Downs apartments such as studios start at $2,350 per month, with one-bedroom and two-bedroom units available as well.
Types of buildings being developed in the Suffolk Downs Redevelopment
The buildings at Suffolk Downs will range from modern apartments to high-quality condominiums, catering to different demographics and housing needs. In addition to apartments and condos at Suffolk Downs, the redevelopment will include a variety of retail space and outdoor space.
Amenities Available at Suffolk Downs Apartments
Residents of Suffolk Downs apartments will have access to a wide range of amenities, including:
- Pet spa
- Fitness center
- Lounges and work-from-home spaces
- Secure package room
- Game room and arcade with a bar area
- Swimming pool
- Lounge areas including fire pits and grills
- Outdoor fitness activities
Suffolk Downs Redevelopment Project Timeline and Pricing
When will Suffolk Downs be finished?
The Suffolk Downs redevelopment is a multi-phase project, with the first residential building, Amaya, opening in June. The entire Suffolk Downs Boston project, including residential, retail, office, and hotel spaces, will continue to develop over the coming years.
Pricing at Suffolk Downs
Pricing for Suffolk Downs apartments starts at $2,350 for studios, $3,100 for one-bedroom units, and $4,425 for two-bedroom units. As the Suffolk Downs redevelopment progresses, additional pricing information for other residential units will be available.
Suffolk Downs Redevelopment General Information
How Big is Suffolk Downs?
The Suffolk Downs redevelopment spans 161 acres, making it one of the largest development projects in Boston's history. The Suffolk Downs redevelopment project will include 10,000 residential units, 450,000 square feet of retail space, 5.2 million square feet of life science and office spaces, and 400,000 square feet of hotel space.
Public Transportation Near Suffolk Downs
Suffolk Downs Boston is served by two stops on the MBTA Blue Line, providing convenient access to public transportation. The Suffolk Downs redevelopment also includes plans for improved roadways, sidewalks, and streetlights, enhancing accessibility for residents and visitors.
To learn more about Suffolk Downs and other apartment buildings near Suffolk Downs, including off-market and pre-construction opportunities, contact ELEVATED today.