By Joshua Ayers, Senior Editor
Medford, Mass.—Criterion Development Partners has selected WinnResidential to oversee management of its new Medford, Mass., property, Lumiere. Winn Residential, the property management component of WinnCompanies, steps into its new role as occupancy at the property’s Phase I is in full swing. The remaining two phases are expected to open in January and February, respectively.
“Lumiere offers residents unparalleled luxury and access to enjoy all of Boston’s many offerings,” says Jerry Lemmon, senior vice president at WinnResidential. “We’re very excited to bring our experienced property management team to this already excellent community.”
Lumiere is comprised of 164-unit that vary in size from studio to two-bedroom units, all of which feature upscale finishes such as hardwood floors, stone counter tops, tall windows. Each unit also includes a private patio or balcony.
Amenities at the community include a sun deck with swimming pool¸ a green deck with community gardening area and a game area. Other amenities will include a Lookout Lounge that offers views of the Boston skyline, in addition to a fitness center, a digital game room, billiards and a Wi-Fi lounge with seating for private parties and individual use.
The first phase opened for occupancy on Oct. 15 and includes 48 units and the sun deck area, which includes the pool, lounge and grilling areas. The lease-up has already yielded 18 leases.
WinnResidential plans to host an open house on the evening of Oct. 23 to showcase the property and will offer model tours and a “Fall small bite tasting” poolside and in the amenity area.
The community is located about 15 minutes from downtown Boston along the Mystic Valley Parkway and offers easy access to an assortment of outdoor spaces and transit options.