Margarita Kvacheva, Senior Vice President, LBC Boston
After earning her degree in public relations and economics at Suffolk University and Master of Science in construction management from Wentworth Institute of Technology, Margarita Kvacheva worked in marketing for high tech companies.
Nine years ago, LBC Boston, a real estate development company, recruited her to manage medical and office spaces. Four years ago, the company expanded into residential development and Margarita oversaw the development of Nova Brighton, a six-story, 68,000sf building that offers 80 residential units, with 10 of the units designated as affordable. With a passion for interior design, Margarita designed the common areas for both Nova Brighton and its sister development, Nova Quincy.
The City of Boston launched the Compact Living Pilot project in 2018 to help build more homes that are well-designed and well-located in order to create living spaces where people have easy access to work and play. Margarita is overseeing the Allston Green project, a $140 million, 250,000sf complex located at 20 Linden Street, which features three buildings on approximately two acres and 350 housing units. The project is slated to be completed in the spring of 2024.
In addition to new housing, Allston Green will create over 34,000sf of open space, including over 20,000sf accessible to the public for community gatherings such as farmers’ markets, outdoor movie nights, exhibits, and more. LBC Boston plans to invite local artists to paint murals and to create unique sitting cubes to be installed in the public parks.