News: Owners Developers & Managers

Nauset Construction breaks ground on 93-unit Park 77

Cambridge, MA Construction is underway for a multifamily development that will deliver 93 transit-oriented apartment units to the Alewife neighborhood of the city. Located across from the 50-acre Danehy Park recreational facility and within walking distance to Fresh Pond and the Fresh Pond Shopping Center, the project is being built by Nauset Construction for owner Abodez Acorn New Street LLC. The new complex, known as Park 77, will be constructed at the site of the former window and door manufacturing and warehouse facility known as the J &C Adams Company, adjacent to Park 87, the 54-unit apartment complex developed in 2015.

Designed by Piatt Associates, the four-story, 96,000 s/f building will be comprised of a mix of studio, one, two and three-bedroom units, including 14 three-bedroom units designed for families. 

“We’ve had a great experience renting to families at Park 87 and hope to replicate that family-oriented environment with Park 77,” said Phil Terzis of Abodez. “With close proximity to Fresh Pond, the park, the wealth of shopping and dining amenities, and our pet-friendly rental policy, Park 77 can help ease the demand for multifamily rental units sought by young families in Cambridge.” 

The rental market for the entirety of Cambridge currently lists only 250 “pet-friendly” apartments, according to Bostonpetapartments.com. 

In addition to the convenient neighborhood recreational facilities, retail and dining options, the building will offer common area amenities, including a lobby lounge with a see-through gas fireplace, a terrace with built-in gas barbeque, a café with a full kitchen, a multimedia room with surround-sound, a meeting room with built-in audio-visual equipment, a top floor sky lounge with a pool table- and roof deck, a fitness room, and a free dog washing and grooming station. The units will feature a combination of tile and plank flooring, quartz countertops and shaker-style, white finish cabinetry. 

The exterior facade will be a combination of board and batten siding, metal wall shingles, green and gray clapboards and stone veneer. A mix of fixed and turn & tilt windows will supply an abundance of natural light to all units, and select units will include balconies and terraces. 

Construction is anticipated to be completed in the summer of 2019.

Located within walking distance to Alewife Station on the Red Line, Park 77 will include underground parking, electrical charging stations, free auto vacuum and ample bicycle storage. 

Park 77 is one of five multifamily projects that Nauset is currently constructing in Cambridge, as the firm is fast becoming a go-to construction manager for mid-size housing developments in the City, particularly urban infill projects. “Cambridge can be a challenging environment for developers, but it’s all for the good of the City,” said Anthony Papantonis, President of Nauset Construction. “The development process requires a lot of preconstruction planning prior to a construction start, but once you understand the process, it becomes much easier to navigate.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,