LMC Announces Groundbreaking at Artemas
Neighborhood to Present 396 Apartment Residences North of Boston
BOSTON, July 20, 2022 /PRNewswire/ — LMC, a wholly owned subsidiary of Lennar Corporation (NYSE:LEN) and a chief in apartment enhancement and administration, currently declared the groundbreaking at Artemas, a mid-increase apartment neighborhood in Everett, Mass., an active suburb just 4 miles north of Downtown Boston. Artemas is one particular of LMC’s very first two communities in the Boston market, signing up for Harper, in the renowned educational neighborhood of Allston, which also not long ago broke ground.
Artemas will bring 396 apartment households and 1,500 sq. feet of retail room to Everett. Inhabitants will be at the heart of anything Everett has to supply, from its quite a few festivals, trails, waterways, enjoyment selections and location nightlife scene. The neighborhood is fondly referred to as the Fermentation District and is house to many breweries and distilleries.
“Everett certainly is a spot where by people have the opportunity to are living existence to the fullest, and the resident working experience at Artemas will be personalized to seize and enhance that adventurous spirit,” stated Dan Lee, Division President for LMC’s New England region. “We’re enthusiastic to carry greatest-in-course properties and features to renters in a community that already has so a lot to present. And, together with our sister neighborhood, Harper, we are thrilled to build LMC in the Boston Metropolitan Region.”
Situated at 65 Norman Street, Artemas is surrounded by exercise-based mostly enjoyment choices, including axe-throwing, rock climbing, an indoor trampoline park and the Northern Strand Community Trail. The neighborhood is inside walking distance of RiverGreen Park and Village Landing Park, both of those located on the Malden River, as very well as Wasgott and Sacramone playgrounds. The neighborhood features many global dining chances, and area libations at Evening Change Brewing, Bone Up Brewing and Shorter Route Distillery.
Artemas people will also have uncomplicated regional connectivity by means of I-93 and Route 1, top south to Downtown Boston or north to Medford and Revere Seaside. The site is also a limited stroll to the MBTA Orange Line T (Wellington Station) and MBTA bus routes. Neighborhood accessibility is created easier by an onsite Bluebike bikeshare station.
Artemas will offer studio, a single- and two-bedroom ground plans, ranging from 561 to 1,481 sq. feet. Decide on 1-and two-bedroom condominium properties will involve dens, best for performing remotely. All residences arrive outfitted with luxurious vinyl wood flooring, stainless steel appliances, quartz counter tops, matte black fixtures in kitchens and baths and under-cabinet lighting. Select residences will include balconies and roomy walk-in closets.
Local community highlights include things like a pool, many courtyards with grills and fireplace pits, a condition-of-the-art health and fitness center, club room and pub home, indoor/outside sky lounge with sights of downtown Boston, indoor/outdoor work-from-property areas, a pet dog park and onsite pet spa. Artemas inhabitants will also have entry to bike storage, leasable storage spaces, and a 500-space parking garage.
Leasing at Artemas is established to begin in late tumble 2024.
LMC, a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B), is a multifamily authentic estate growth and running business with a assorted portfolio of institutional quality multifamily rental communities throughout the United States. As of November 30, 2021, LMC experienced a 42,000-dwelling pipeline of communities ranging from operating to under pre-progress that exceeds $16.4 billion of substantial-increase, mid-rise and yard flats.
LMC makes remarkable communities wherever people today can stay remarkably.
Media Get hold of
Source Lennar Multifamily Communities (LMC)