Transit-oriented apartment homes attracts residents with premier amenity package and natural setting
Fuse Cambridge, a 244-unit luxury apartment community located adjacent to the Alewife Brook Reservation in Cambridge, MA, announced today that it has leased 95 percentof its units. The leasing milestone was met well ahead of projections for the premier transit-oriented location with initial move-ins beginning in November 2015.
Developed by Hines and managed by The Bozzuto Group, Fuse Cambridge is a 250,000-square-foot, LEED® Silver-certified community offering a variety of floor plans including studio, one, two, and three-bedroom apartment homes ranging from 506 – 1,383 square feet. Each apartment home offers oversized floor-to-ceiling windows, full-sized washers and dryers, white quartz countertops, premium kitchens with ENERGY STAR® appliances, walk-in spacious stall showers with spa-quality tile, and Kronoswiss wide-plank flooring. Additionally, select homes offer walk-out patios, views of the 120-acre Alewife Brook Reservation, and oversized balconies.
“Since welcoming our first residents in the fall of 2015, Fuse Cambridge has experienced a high level of leasing activity,” commented David Perry, senior managing director at Hines. “When we were in the planning stages for Fuse Cambridge, we were confident that the project design, accessibility to public transit, adjacency to the Alewife Brook Reservation, and the strength of demand in Cambridge combine to make this a premier development in the Greater Boston market. Fuse Cambridge provides the best of convenient urban living within a serene natural setting, unlike anything else in the area.”
Fuse Cambridge is equipped with a heated pool and expansive sundeck, an outdoor kitchen area featuring gas BBQ grills, a fitness center with cardio and strength training areas, a yoga/training room with FITNESS on demand, and a Network Lounge with a separate large conference room. Additionally, residents enjoy indoor bike storage complete with a repair station, a catering kitchen with dining and bar areas, a pet-friendly atmosphere with a Canine Club and dog-walking service referrals, and an indoor living green wall.
“Excitement for Fuse Cambridge is palpable, with rental activity tracking well ahead of expectations,” said Nathan Lopez, property manager of Fuse Cambridge. “Positive feedback has included the airiness of the apartments and the natural feel of the community, as well as the vibrancy of the Alewife Brook Reservation.”
With a premier location just outside of Boston, Fuse Cambridge is situated alongside the Alewife Brook Reservation, a 120-acre state park with extensive walking and biking trails. Additionally, the new community is just blocks from the Alewife T Station, providing convenient access to numerous social hubs including Davis, Porter, Harvard, and Kendall Squares. Surrounded by a diverse selection of shopping, dining, and grocery options, including Whole Foods and Trader Joe’s supermarkets in walking distance, Fuse Cambridge is a top destination for those in search of luxury living at a more affordable price than comparable quality buildings located in East Cambridge and Boston.
For more information, please visit: http://www.fusecambridge.com/ http://www.fusecambridge.com/
About Hines
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 182 cities in 20 countries. Hines has $89.1 billion of assets under management, including $42.5 billion for which Hines provides fiduciary investment management services, and $46.6 billion for which Hines provides third-party property-level services. The firm has 109 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,126 properties, totaling over 351 million square feet. The firm’s current property and asset management portfolio includes 457 properties, representing over 193 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.
About Bozzuto
Headquartered in the Washington, D.C. area, and celebrating its 27th year in business, Bozzuto is a diversified residential real estate company that creates extraordinary experiences of home and community. The company’s areas of expertise lie in multifamily development, construction and management for both itself and its clients, as well as homebuilding. The National Association of Home Builders has recognized Bozzuto as the nation’s premier apartment development company, and twice as Management Company of the year.
Throughout Bozzuto’s 27-year history, the company has developed, acquired and built more than 38,000 homes and apartments and currently manages more than 54,000 apartment residences spread along the East Coast between Northern Virginia and Boston. The company is committed to providing quality housing for individuals of all income levels, producing and managing everything from luxury homes and apartments to affordable housing solutions. For more information, please visit www.bozzuto.com.
