Monadnock permitted for 261 units, part of 1,300-unit Compass Residencies
Monadnock Development, on December 29, was given a permit for construction of a 261-unit, 191,014-square-foot mixed-use building at 1923 West Farms Road in Tremont.
The plans were reported to be the sixth phase of a seven-building project, co-developed with Signature Urban Properties as part of the West Farms Redevelopment Plan. Five of the other buildings have received their TCOs, and a seventh building was pre-filed in December 2018.
In July of 2020, PincusCo examined the plans, along with two others, as part of a delayed development project analysis. At the time of the report, a source with knowledge of the Monadnock development said that while the project is still active, “we do not have a date for construction start at this time.”
The plans, pre-filed on July 3, 2018, call for the construction of a 161-foot tall, 16-story mixed-use building. Nicholas Lembo, Monadnock founder, was the owner representative on the filing.
The project is described in the filings as: construct new 16-story building mixed-use as per plans filed.
According to the plans, the ground floor of the building will have a fitness room, community space, residential lobby, offices, and 10 dwelling units. The remaining dwelling units will occupy floors two through 16.
The redevelopment transformed the industrial area into the Compass Residencies, a 1,300-unit community that includes low- to moderate-income housing, formerly homeless households, retail space, and extensive public and private open space.
The neighborhood was rezoned from industrial to residential under Mayor Michael Bloomberg back in 2011.
Direct link to Acris document. LINK
Direct link to DOB document. LINK
