Newton, MA – GreenStaxx’s 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 Street is well underway.
This is a four-story mixed-use development comprised of 68 one- and two-bedroom apartments and 5,000sf of ground floor retail located in the village of Newtonville.
The project is being developed by Austin Street Partners, a joint venture between GreenStaxx (formerly Oaktree Development) and real estate developer and investor Dinosaur Capital Partners.
Electric car-charging stations are being installed, and all apartments will be equipped with Energy Star appliances. Resident amenities include a common living room and roof terrace, a fitness center, and a play area for children and dogs. The project is expected to be completed in the summer of 2019.
The project will feature a beautifully landscaped public plaza with trees and plantings, a fountain designed by renowned Newton sculptor Nancy Schon, and outdoor seating. Twenty-three of the apartments (1/3 of the total project) have been designated as affordable.
Built on a former municipal parking lot in conjunction with the city of Newton, the project will replace 124 public parking spaces at ground level and add 90 new underground residential and retail employee parking spaces. A rooftop solar array will provide over 50% of the building’s electrical needs, and 28 Austin Street will be LEED certifiable.