Eastie 355

Multifamily

Property Website

Photo credit: Arrowstreet

Square Footage:
170,282
Acres:
1.2
Units:
170
Equity Partner:
PGIM
Debt & Lender:
Needham Bank

355 Bennington is a ground-up, transit-oriented multifamily development located in East Boston’s Day Square. Passive House supporting best-in-class energy efficiency and sustainability. Positioned adjacent to the East Boston Greenway and just 0.2 miles from the Wood Island MBTA Blue Line station, the property offers access to open space and recreational amenities, as well as a convenient commute to Downtown Boston in under 15 minutes. The development also features approximately 7,000 square feet of ground-floor retail, activating Day Square and the Mary Ellen Welch Greenway.

Executed through a joint venture with the land partner, the off-market transaction leverages Redgate’s deep local market knowledge, residential development experience, and regulatory expertise to manage risk and create long-term value. Through strategic site planning and stakeholder engagement, Redgate aligned the project with the goals of PLAN: East Boston, advancing the continued revitalization of Day Square through transit-oriented housing, neighborhood-serving retail, and placemaking that strengthens connectivity and walkability.

RCP is responsible for all aspects of the project’s design, delivery, and asset management.

Status:

Under Construction, Leasing Underway