Boston is recommending that Community Preservation Act funds be used for 35 projects across the city, including for affordable housing in Jamaica Plain. "The Community Preservation Act is a new tool that will help take our work on affordable housing, historic preservation and open space to the next level," said Mayor Marty Walsh via press release. "I am proud to recommend these important projects for funding approval, which represent a wide range of needs and will build strong neighborhoods throughout our city." The city previously called for applications for projects that require less than $500,00 to begin construction by this fall. The recommended projects were broken into several categories: historic preservation, affordable housing, recreational use and open space, and blended historic preservation/recreational use and open space.
A South Huntington Avenue apartment complex has been bought for $103 million by a North Carolina company. Bell Partners announced that on behalf of its investors it acquired the 196-unit luxury community. Bell Partners will manage the development and are renaming it to Bell Olmsted Park. Boston Residential Group LLC was the previous owner. Banker & Tradesman reported that the Greensboro, North Carolina company bought the apartment complex at 161 South Huntington Avenue for $103.25 million. “We are pleased to have acquired Bell Olmsted Park -- a unique asset located in a high barrier to entry location with exceptional economic drivers within close proximity.
Hello neighborhood. Here's your Morning Memo for all things JP for Thursday, July 10. Drink Beer, Philosophize: The folks behind "Draft & Dogma" will be drinking Saison beers and tackling the topic: "Can you do a good thing for its own sake?" Brush up on your Nicomachean Ethics and head to their site, where folks over 21 can find out the exact location and time. ReadBoston Storymobile Comes to the Connolly: The mobile library for kids will visit the Connolly Branch Library, 433 Centre St., on Thursday from 11:15 a.m. to 12:15 p.m. There will be storytelling and free books for kids.