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Mattapan Site Will Contain 105 Affordable Housing Units
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Colliers arranged the $8.75 million sale of 1590 Blue Hill Ave., a 1.63-acre site in Boston’s Mattapan neighborhood. A partnership between the Planning Office for Urban Affairs, a nonprofit housing developer affiliated with the Archdiocese of Boston, and JGE Development acquired the property from the McKeen family.

The partnrship has secured city approvals for a six-story building with 105 affordable homes. The McKeen family operated a successful auto repair business at the site dating back to 1976.

Colliers EVP Jeanne Pinado has advised the McKeen family over the past two and a half years since Colliers was engaged to market the property. Her experience developing multifamily properties in Boston was key to marketing the site to developers of affordable and mixed-income housing.

“I am proud of my role in the eventual development of 105 affordable homes for Boston families by the Planning Office for Urban Affairs, which is serving as a catalyst for social justice through its work in housing development and neighborhood revitalization,” said Pinado. “This project will carry forward the McKeen family’s decades-long commitment to Mattapan.”

The post Mattapan Site Will Contain 105 Affordable Housing Units appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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