Boston Real Estate for Sale

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From the press release:

ROSLINDALE – Demolition began yesterday on the closed F.J. Higgins Funeral Home on Washington Street in Roslindale Village, making way for Parkside on Adams, a new mixed-use project with 43 apartments that includes a restoration and repurposing of the adjacent historic MBTA Substation.

Development partners in the project include Historic Boston Inc., Roslindale Village Main Street, Inc., and Peregrine Group LLC of Rumford, RI.

Peregrine Group purchased the funeral home on July 24, 2014, and began demolition of the building on Monday, July 28, for the new apartment structure. The entire project, located across from the popular Adams Park, includes both the former Higgins Funeral Home site as well as the substation.

The Roslindale Substation, an 8,000-square-foot former switching and transformer station that was originally part of Boston’s elevated railway network, preceding the existence of the MBTA, is at 4228 Washington St.

“Peregrine is very excited to be embarking on our first project in the Greater Boston Area,” said Jordan Stone, Principal Partner of Peregrine Group. “We are looking forward to our continued team effort with both Roslindale Village Main Street and Historic Boston on this development.”

Roslindale Village Main Street and Historic Boston were originally tasked by the Boston Redevelopment Authority in 2001 with figuring out a feasible development plan for the long-empty Roslindale Substation in Roslindale Village. After further study at the request of the BRA in 2011, they played a critical role of acquiring the properties and assembling the development opportunity.

Peregrine joined as the master developer in late 2012, and the three partners purchased three parcels of land owned by Higgins Funeral Home. Pending zoning approval, the substation property is slated to be transferred in this month from the Boston Redevelopment Authority to a limited liability company controlled by Peregrine Group, in which HBI and Roslindale Village Main Street will be included as limited partners.

  • For more information please contact one of our on-call agents at 617-595-3712.

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