Some people may think that modular design is just boxes stacked together with no way to achieve architectural aesthetics. Or, they may have an image of boring square boxes, or something resembling a chicken coop. This misconception is something that has plagued the industry, and is quite frankly incorrect.
Oaktree Dev. with Dinosaur Capital Partnerswas able to achieve 33% affordable units in highly desirable Newtonville Village Center, with the participation of the city. The 68 unit building is located at 28 Austin St. near public transportation, and walking distance to shops, restaurants and commuter rail.
As the demand for multifamily housing continues to grow, an ever-increasing body of research provides evidence that standardization and offsite construction are key elements in increasing productivity in the sector. Will the industry listen? Read White Paper
Modular construction has the potential to have a profound impact on the construction industry according to the new report by McKinsey & Co. Informative report that examines the early implementation of modular to the increasing investment by players outside of the industry implementing modular methods. Read Full Report
Now that the modules have been placed the team is working hard to complete the project. Here is a quick peek inside one of the units.
Our modular project at 28 Austin St in Newton was featured on WBZ | CBS Boston News as part of the Boston Next series on the housing crisis. Affordable housingis a critical issue that is going from bad to worse in many Massachusetts communities. One developer is thinking outside the box to find a solution.
Newton, MAGreenStaxx’ latest modular building has begun to take shape as the installation of the 102 modular “boxes” that will form the residential portion of 28 Austin St. is well underway.
28 Austin St. is a four-story mixed-use development comprised of 68 one and two-bedroom apartments and 5,000 s/f of ground floor retail located in the...
If you were shopping last week in Newtonville, you likely saw structures reminiscent of shipping crates being stacked like Legos by a massive crane. The work was all part of the 28 Austin Street Project, a mixed-use development next to Star Market.