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Fri, Sep 25
A Compendium of Property & Capital News
Sep 25
A Compendium of Property & Capital News

Gansett Ventures & City Realty Break Ground in Eastie On 64-Unit ‘Mira’

May 22, 2020
Rendering of 'Mira' - 301 Border St. in East Boston MA

EAST BOSTON–Gansett Ventures and City Realty, both privately held real estate investment and development firms headquartered in Boston, celebrated groundbreaking for their latest project, Mira, a luxury condominium development at 301 Border St. in East Boston. Marketing the development as offering breathtaking views of Boston’s skyline and stunning modern designs by Embarc Studio, Mira will provide 64 units of premium living space in vibrant and historic East Boston. Helge Capital is a co-developer of the project.

Retail space on the first floor will include an East Boston Museum Gallery and a cafe concept. There will be an array of amenities, including a large roof deck, 70+ bike storage spaces, resident lounge, work from home space, and state-of-the-art fitness center.

“We are very proud to be breaking ground on Mira,” said Caleb Manchester, President of Gansett Ventures. “An incredible amount of thought and work went into the design to ensure this project truly fits within this wonderful neighborhood, accentuating all the unique aspects of living in East Boston, especially its vibrant arts and hospitality scenes.”

In a release, the development group touts, Mira, “a new look for Boston”, takes a fresh approach to urban living, while paying homage to East Boston’s maritime roots. With a mix of one-bedroom, two-bedroom and three-bedroom units, about half with private balconies or private roof decks, Mira combines extraordinary design and top-tier finishes. An easy walk from the MBTA Blue Line with direct access to downtown Boston in minutes, Mira will also offer residents ground-level interior parking and several electric car charging stations on site.

“Mira is an opportunity to add critical mass housing to an under-served submarket, but it also gives our development team an opportunity to create public benefits,” said City Realty Managing Partner Stephen Whalen. “We are thrilled to include a museum that will honor the history of East Boston while giving local artists a place to display their work.”

Waypoint Companies is the general contractor. Construction is expected to be completed during summer 2021.