West Concord Welcomes New Luxury Mixed-Use Community
- Oct 12, 2015
One year and a half after construction started at the $32 million Brookside Square community in West Concord, Oaktree FX Development—a joint venture between Cambridge-based Oaktree Development and Patrick Cleary of FX Investment—and Tocci Building Cos. celebrated the completion of the three-story transit-oriented development.
Situated on five acres of land near the West Concord Commuter Rail Station, the 126,000-square-foot Brookside Square features 74 luxury apartments in a mix of studios, one- and two-bedroom units on the building’s upper floors, with monthly rents ranging from $1,755 to $3,265. The community also includes 36,000 square feet of ground-level commercial space.
According to an official statement announcing the project’s completion, the mixed-use community was designed by The Architectural Team to achieve a Home Energy Rating System (HERS) rating of 50 out of 150, making it 50 percent more energy efficient than a standard new home.
The unit mix at Brookside Square includes open-concept layouts, private patios or balconies, shared green roof space, energy star appliances, chef’s kitchens, and custom high-end finishes, while the commercial space was designed to accommodate businesses. Avison Young was selected to oversee the leasing operations for the commercial space, while WinnResidential will serve as property manager.
“Brookside Square has already become an intrinsic part of the community, not only through its residential offerings, but also its first-class office space and access to public transportation,” said Bud LaRosa, chief business performance officer at Tocci. “We are proud to have helped deliver a quality product through our highly efficient and collaborative processes.”
Rendering via Tocci Building Cos.