Charlesview Residences project breaks ground
Boston Mayor Thomas M. Menino is attending a groundbreaking ceremony this morning for the first construction phase of Charlesview Residences at Brighton Mills in the city's Allston-Brighton neighborhood, his office said.
The first $157-million phase of the new Charlesview Residences will be made up of 260 rental and homeownership units, said Community Builders Inc., the developer of the project.
Charlesview is one of the City of Bostonís largest private, assisted housing resources. On this project, Charlesview Inc. joined forces with the Community Builders, a large nonprofit urban housing developer, mayor's office said.
Community Builders is relocating Charlesview from near Harvard Stadium to the site of the former Brighton Mills shopping center on Western Avenue. The existing complex, built in 1971, is outdated and falling into disrepair, a Globe story in 2009 noted.
The first phase of the new project should be ready for occupancy in early 2014, Community Builders said.
A second $50 million phase of the project envisions 80 condominiums on Telford Street; the timing of that phase will depend on market condition's.
Of the total number of 340 housing units in both phases of the project, 72 percent will be affordable housing units, Community Builders said.