3 Union Park, Boston, MA
Development: Condominium conversion
Address: 3 Union Park, Boston, MA
Neighborhood: South End
Year Built: 2017
Building Use(s): Residential/Commercial
Boston Property Ventures (BPV) acquired a permit to build this property from a local developer, who had his eyes set on a larger development opportunity. The existing property was a 4,500 square foot Victorian building in Boston’s South End with a permit to expand an additional 4,000 square feet into an underutilized backyard.
The primary challenge in developing this property was integrating the old and new structures to create one consolidated building, both functionally and aesthetically. The final building was divided into four units, including three residential and one retail unit. Construction was completed in the Spring of 2017 with two of the residential units under agreement pre-construction and the remaining sold quickly thereafter. BPV redesigned the original floor plans provided by the developer to increase the value of the project, as well as made other structural and functional changes that positively impacted the final sale price.