Archstone-Smith Breaks Ground on 420-Unit Apartment

BOSTON- The 28-story building is the largest rental residential property to be developed in the city in more than 20 years. The developer anticipates residences will be available for lease by spring of 2006.

By Naomi Grossman | October 31, 2003 at 01:01 AM

"This is a great location, adjacent to the ladder district, and within walking distance of prime shopping and restaurants as well as the financial district," says Stephanie Wasser, regional vice president for Archstone-Smith. She adds that Boston represents a long-term market for the company.

Archstone-Smith currently owns and operates 11 apartment communities in the Greater Boston area including 2000 Commonwealth Ave. in Boston, Cronin's Landing in Waltham and Montclair Place in Quincy.

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