Breaking news: Russia (now Atlantic) Wharf project to go rental

Breaking news: Russia (now Atlantic) Wharf project to go rental

Well, with just 65 units, does it really matter? Upside: Cuts down on over-supply!

From Banker & Tradesman:

Boston Properties Looking To Convert Russia Wharf Residential Units To Rentals
By Paul McMorrow

Boston Properties is preparing to convert the 65 remaining condominium units in its $550 million, mixed-use Russia Wharf development in Boston to rental apartments, sources have indicated to Banker & Tradesman.

The project is now known as “Atlantic Wharf”. Wellington Management is anchor tenant in the building, expected to be completed sometime in 2011.

Related posts:

  1. Russia Wharf / Atlantic Wharf hits (minor) roadblock
  2. Newburyport woodworking firm claims union interference at Russia Wharf
  3. Fenway condo development to go rental – after buyers closed
  4. South Boston condo proposal goes down for the count; Emerald Court is dead
  5. South End mixed-use project defaults on loans
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