Chelsea will get its first new construction in decades when Texas-based developer JPI breaks ground next year on a $50-million project, bringing 160 waterfront apartments to the last remaining parcel on Admiral’s Hill.
JPI will break ground on the site next year, replacing the former naval facility with a single building containing 80 one-bedroom and 80 two-bedroom units, an underground parking garage and amenities that include a movie screening room, fitness center, resident pub and business center.
Construction is scheduled to be completed within 15 months.
Former Navy Hospital Site To Yield $50M Complex – By Beverly Ford, GlobeSt.com
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Updated: January 2018