LEASING LAUNCHES FOR DUO IN CHELSEA

Brand-New Rental Apartments Aiming for November 2024 Move-ins

Chelsea, MA, July 30, 2024 – Leasing is now underway at DUO, Chelsea’s newest rental apartment community, located at 180 Central Avenue. John M. Corcoran & Company’s (JMC) property management team is leading the effort at the site of the former Innes apartments. This all-new construction, approximately 370,000 SF state-of-the-art community includes 330 apartments with easy access to downtown Boston, public transportation, premium amenities and ground-floor retail space to benefit the entire community.

“DUO offers an unmatched location, high-quality finishes and phenomenal amenities to today’s savvy renters,” said Cynthia Buckley, Marketing Director at John M. Corcoran & Company. “Our team has been preparing for this exciting launch continuing the momentum of several successful recent lease-ups in metro Boston.”

With floorplans ranging from studios to one- and two-bedrooms, the pet-friendly apartments feature sleek two-toned cabinetry, quartz countertops, stainless steel appliances, city views, plank flooring throughout the living spaces and bedrooms, generous closets and in-home laundry.

Centrally located steps from the Silver Line Station (SL3) at Eastern Avenue and the 112 bus route, DUO is well-positioned for working families and individuals who rely on public transportation. The commute via the Silver Line to the airport is a mere 5 minutes, 22 minutes to Seaport Boulevard, 30 minutes to South Station, and the Chelsea Commuter Rail Station is just 5 minutes. Additionally, residents can access a number of on-site amenities such as three roof decks with views, dog washing station and dog run, lounge with arcade and TV, work-from-home space and café, playground and courtyard with grill and seating, along with “Hub and Spoke” bike storage.

The project is being developed by John M. Corcoran & Company and Joseph J. Corcoran Company, and their partner, Marcus Partners, in collaboration with the Chelsea Housing Authority, the City of Chelsea and the Massachusetts Executive Office of Housing and Livable Communities.

At DUO, 96 apartments are reserved for the relocated public housing residents who once lived at Innes. Additionally, 40 apartments are available for a moderate-income housing program. Applications are available for that opportunity when speaking with the leasing team.

ABOUT MARCUS PARTNERS

Marcus Partners is a vertically integrated real estate firm with a strong history of successful investment, management and development. The firm is headquartered in Boston, with regional offices in Metro New York and the Mid-Atlantic. The firm focuses on strategic and opportunistic investment strategies across industrial, multifamily, life science, and other property types where it can create value and maximize risk-adjusted returns. Marcus Partners and its affiliates own, control, operate or are developing 6.9M+ square feet of real estate and 2,000+ multifamily units. For more information, visit www.marcuspartners.com.

ABOUT JOSEPH J. CORCORAN COMPANY

Joseph J. Corcoran Company is a mission-driven private development company that partners with municipalities and housing authorities to realize projects that create and preserve diverse types of housing. The firm worked with the Executive Office of Housing and Livable Communities (EOHLC) on the $155 million redevelopment of the Innes Apartments into a mixed-income community. JJC is also the designated developer for the $1.5 billion redevelopment of the Boston Housing Authority’s Bunker Hill development. JJC takes great pride in working closely with residents, communities, and public entities to guide innovative projects from concept to completion.