BOSTON (October 17, 2017) – Hood Park LLC hosted a groundbreaking ceremony this morning at 480 Rutherford Avenue in Charlestown where its 177-unit residential project will soon be underway. 480 Rutherford Avenue is the first residential project at Hood Park, a 20-acre development permitted for over 1.1 million square feet located at the former H.P. Hood Plant in Charlestown. Designed to echo the existing buildings, the 480 Rutherford Avenue project will be a state of the art, LEED Platinum certified residential project. It will provide a diverse mix of studio, one-bedroom, and two-bedroom units, including 23 affordable units in furtherance of Mayor Martin J. Walsh’s goal to add 53,000 new housing units by 2030 as detailed in the Mayor’s housing plan, Housing a Changing City: Boston 2030. Upon completion, it will feature garage parking, bike storage, resident lounge, community kitchen, fitness/yoga studio, dog amenities, outdoor courtyard with city views, 24/7 security, and 10,500 square feet of additional retail amenities.
“480 Rutherford Ave builds upon the progress we have made creating a range of housing options to meet the needs of our growing population,” said Boston Mayor Martin J. Walsh. “This project adds to the redevelopment of Hood Park and creates jobs and improves the public realm for our residents.”
Over the course of the next two years, the project will create approximately 250 construction jobs and another 40 permanent jobs once open. The project will also provide streetscape improvements along Rutherford Avenue and within Hood Park.
Owner/developer, Hood Park LLC, has assembled a comprehensive team of experts to bring the project to fruition. Project managers from Colliers International, construction managers from Lee Kennedy Company, architects from CBT, and management/leasing representatives from Bozzuto Management Company were all in attendance along with Senator Sal Didomenico, Representative Daniel Ryan, Assistant Secretary Mike Kennealy and Attorney Eugene O’Flaherty to celebrate this exciting project kick-off.
“Expanding upon the success of the commercial redevelopment of Hood Park, we are excited to bring a residential component to the project,” said Chris Kaneb, manager of Hood Park LLC. “It will undoubtedly bring a 24/7 vibrancy to the park, achieving our organization’s long-range vision for a complete, mixed use transformation.”