(To read more on the multifamily market, click here.)

BOSTON-The Massachusetts Turnpike Authority has selected a Denver firm to turn a one-acre parcel in historic Bulfinch Triangle into a mixed-use complex. The project is expected to add 243 rental units and 17,000 sf of retail space to a block long strip of land near North Station.

Simpson Housing LP will develop the parcel bordered by Valenti Way and Causeway, Beverly and Haverhill streets into a 10-story building and 137 parking spaces. It will be the Denver-based firm's first development in the Boston market. The company, which has apartment properties in 22 other states, could not be reached by GlobeSt.com.

The designation by the Turnpike Authority follows the selection in June of two developers to build a mix of retail, condominiums and apartments on two parcels of land off Canal Street. Plans call for Hines Raymond LLP to build an 11-story building containing a 50,000-sf supermarket, 50 to 70 parking spaces, approximately 24,000 sf of retail and seven levels of condominiums on one of the parcels. Trinity Financial Inc. will build a nine-story building with 200 condominiums on the other. For previous coverage, click here.

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