Here's a toast to The Arlington, Boston's latest luxury rental address.
The developers, a joint venture between big-time local builder Dean Stratouly and New York's Related Cos., did something that sadly counts as radical these days in Boston.
Instead of putting up yet another cookie cutter glass tower, the developers spent tens of million renovating 100 Arlington Street, a neat 1920s mid-rise in Park Square.
Previously home to the Boston Renaissance Charter School, the 14-story, art-deco building "features a limestone and brick facade and two-story arched windows on the street and penthouse levels," according to a press release pumped out by the developers.
You'd pay a lot of money to build something like that now, which is probably why everything new looks pretty much the same now.
There's the typical list of amenities, with a couple interesting items thrown in, namely a basketball court and a "pet spa."
The Arlington's leasing team is now in full gear, on the hunt for deep-pocketed tenants to fill the building 128 apartments. Rents range from $3,200 a month for a one bedroom to two-bedrooms starting at $6,200.
New luxury high-rises are practically opening up every other week now in Boston, so the competition for affluent young renters is at a fevered pitch.
Only time will tell how The Arlington will fare. But it would be great to see more new developments that built on Boston's rich history instead of turning their backs to it.
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