The Flats at 22 in Chelsea's new Box District neighborhood is now leasing — and providing some relief from Boston's high apartment prices.
This is developer Mitchell Properties and builder Traggorth Cos.' third apartment project in the area of former box and bedding factories that has been reborn into a neighborhood of market-rate and affordable apartments and condos as well as a new park along Gerrish Avenue. The Box District won the 2014 Urban Land Institute's Jack Kemp affordable and workforce housing award.
The Flats at 22, with 50-units of mixed-income new construction apartments, is renting market-rate units for as little as $1,425 for studios, which includes a garage parking space and building amenities such as a rooftop fitness center, roof deck lounge, a community room with a full kitchen and projection TV, and an outdoor patio with barbecue grills.
One-bedrooms in the pet-friendly complex start at $1,625 per month and two-bedrooms at $1,900.
The Flats at 22 has 29 market-rate units, of which 20 percent have been leased ahead of a Jan. 15 opening. It's offering one month free rent for 12-to-18-month leases.
"We are renting to a lot of young professionals who have looked for apartments in Boston and balked at the prices," said Tanya Hahnel, Traggorth's project manager for Flats at 22. "You get much more for your money over here along with the amenities and free garage parking."
For example, model Unit 111, a 659-square-foot one- bedroom, has hardwood floors throughout and a recessed-lit kitchen with 18 tall cabinets, bi-level gray granite counters with a breakfast bar, stainless-steel Whirlpool appliances and an open living/dining area with floor-to-ceiling windows and a private back entrance. There are stylish barnboard-style doors, a walk-in closet in the bedroom and a large tiled bathroom. The rent is $1,695 a month, which also includes an in-unit washer and dryer, a tankless water heater and USB outlets for phone charging.
Model Unit 115, with similar finishes and two carpeted bedrooms, two full bathrooms and a private rear entrance, is going for $2,100 a month.
The 46 units at the adjacent The Flats at 44 opened in March, and the 41 market-rate units leased quickly.
"People looking for affordability and nice, modern apartments have been finding us," said Margaret Farrell, regional manager of HallKeen Management, which manages the 150 total units in Mitchell's three buildings, including the brick-and-beam Atlas Lofts, carved out of a former bedding factory in 2010.
The rehabbed Box District is only a block from City Hall just north of Bellingham Square. A new Silver Line Box District stop connecting to South Station is under construction behind the Flats at 22 and will open in 2016.
"Getting the Silver Line will be a huge boost for Chelsea," said HallKeen marketing manager Courtney Mathiowitz. "And this neighborhood is a national model on how to do mixed-income housing in an urban neighborhood."
Hahnel said that the mostly young professionals renting in Mitchell's Box District properties like the fact that it's a diverse neighborhood with lots of children.
"It's not a sterile place," she said. "It's active and full of life."
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