Allston Yards is a project of Stop & Shop with New England Development as master developer, in partnership with Bozzuto and Southside Investment Partners. Located in the Allston neighborhood of Boston, Allston Yards will be Boston’s newest mixed-use development.
The partnership closed on Parcel A and Parcel B, as well as the closing of financing of Building A. In partnership with Pacific Life, construction on Building A, a 165-unit residential building including a new, state-of-the-art, flagship Stop & Shop grocery store, will commence in November 2021. New England Development anticipates starting construction in third quarter 2022 to advance a planned commercial office/life sciences building on Parcel B.
Building A will contribute $1.25 million to the Allston-Brighton Homeowner Fund, created by Allston Yards to increase affordable homeownership opportunities in Allston-Brighton. The Allston-Brighton Homeowner Fund is a $4 million fund created in partnership