Mayo Group, Saracen Pursue Energy-Efficient Redevelopments
- Jun 14, 2011
The Mayo Group, which developed a new residential complex on the site of a former nursing home at 990 and 1100 VFW Parkway in West Roxbury, has recently been awarded the Energy STAR certification by the U.S. Environmental Protection Agency. Gordon Woods, a two-building complex constructed on the site of the former Star of David Nursing Home, is now Boston’s most affordable energy-efficient housing development.
The condo property includes two buildings, totaling 19 and 23 units. Prices vary from $269,000 for a one-bedroom unit of 812 square feet to $419,000 for a two-bedroom duplex of 1,584 square feet on the top floor, according to The Boston Herald. All units are equipped with Energy STAR-certified appliances, gas fireplaces and hardwood floors. The buildings have separate parking spaces, and each unit has a private patio or porch. The landscaped area faces the parkway, and the formal entrances are decked with flowers, grass and bushes.
In other real estate news, Waltham-based Saracen Properties L.L.C. and AEW Capital Management have recently received a $25 million grant from Webster Bank. The funds will be used by the joint venture to renovate the Two Oliver St. building, developed in 1903. The 223,445-square-foot property will receive energy-efficient upgrades to the heating and cooling system, elevators and main entrance. Also, a second office lobby will be built on Batterymarch Street.