Former industrial site will become 200 housing units and expand Boston Harborwalk
Boston – May 19, 2016 – Today Governor Charlie Baker joined Mayor Martin J. Walsh and legislators, the East Boston Community Development Corporation and officials from real estate development firm Trinity Financial to break ground on Boston East, a 200 unit residential development in East Boston.
In November 2015, the Baker-Polito Administration announced a $3 million MassWorks Infrastructure grant to support a partnership between Trinity Financial and the East Boston Community Development Corporation. This grant facilitates the development of a formerly vacant waterfront parcel owned by the City of Boston, transforming the waterfront into a publicly accessible expansion of the Boston Harborwalk. It will also allow for substantial improvements to the Designated Port Area to help retain the waterfront’s support for marine-related industries and uses. This public-private partnership between the Commonwealth, City of Boston and Trinity Financial will usher in a new phase of activity in East Boston, unlocking the potential of the waterfront for mixed-income housing, marine-related industries and community access.