Boston

Boston Booms with Affordable Housing, Jackson Square Unveils New 250 Centre Street Complex

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Published on November 29, 2023
Boston Booms with Affordable Housing, Jackson Square Unveils New 250 Centre Street ComplexSource: Google Street View

The urban landscape of Jackson Square in Boston has come alive with the unveiling of 250 Centre Street, a new mixed-use development featuring residential units and retail spaces. The ribbon-cutting ceremony signals a major milestone in the Jackson Square Redevelopment Initiative, striving to balance contemporary urban living with affordability—a challenge faced by many cities, as press released by the City of Boston's Official News.

Sheila Dillon, the housing chief, joined forces with a coalition of developers, local officials, and recently settled residents to reveal the building, which encompasses 110 apartments, including a commendable 76 designated as affordable housing. The thoughtfully designed structure offers a variety of unit sizes, from snug studios to expansive three-bedroom homes, catering to a diverse tenant demographic. While the city faces a noticeable decline in affordable housing, developments like 250 Centre Street provide a ray of hope amid the looming crisis.

According to the City of Boston's official news release, the construction of this new landmark was primarily bankrolled by federal and state low-income housing tax credits, coupled with financial aid from a tapestry of sources, including MassHousing and the Mayor's Office of Housing. "We’re thrilled to bring housing that working families can afford to Boston’s Jackson Square,” expressed Andy Waxman, New England VP of development at The Community Builders (City of Boston). An expression acknowledging the collective efforts that paved the way for Bostonians to claim a space they can call their own.

One of the new residents, Esther Belliard, echoed the sentiment of a homecoming at the inaugural ceremony: “At 250 Centre, I feel like I am finally home. I love the amenities and community spaces, and that I have laundry in my apartment. And I am so excited about the 6th-floor terrace, right above us, with the beautiful city view,” she gushed in a statement obtained by the City of Boston.

Elaborating the impact of strategic urban planning and dedication to inclusivity, MassHousing CEO Chrystal Kornegay stated, “The completion of 250 Centre Street is another major milestone in the community-driven redevelopment of Jackson Square, and MassHousing is proud to join our public and private-sector partners in advancing the community’s vision for a lively and inclusive Jackson Square.” As the Jackson Square Revitalization thrives, 250 Centre Street not only offers its residents an affordable place to live but stands as a testament to what can be accomplished when a community bands together with a clear vision for its present and future.