Greystar and Haseko North America, the U.S. subsidiary of Japan’s largest condominium construction firm, have broken ground on a 189-unit multifamily development at 100 West St. in Needham, MA. 100 West, which adds a mix of apartment sizes and 24 units of affordable housing to the community, is amongthe largest projects to advance through zoning established under Section 3A of the Massachusetts Zoning Act, otherwise known as the MBTA Communities Act.
“This project exemplifies the spirit of the MBTA Communities law,” said Undersecretary Chris Kluchman of the Executive Office of Housing and Livable Communities. “It’s close to transit, it transforms previously vacant, unproductive space into a combination of market-rate and affordable homes, and it creates an enhanced local revenue stream to help fund schools and other local services long into the future.”
Greystar has developed more than 2,000 units of housing in Massachusetts to date, including 1,905 units across five buildings in the Commercial Triangle of Everett. 100 West is Haseko North America’s initial foray into East Coast markets.
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