News
CHARING CROSS AND IGNITION REV UP
June 20, 2011
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| In another condo tale, Diamond Sinacori?s Merrill Diamond(center flanked by Michael DiMella and PT Vineburgh) will start marketing this week a new, $18M, 55-unit condo building on Commonwealth Ave in Brighton called Charing Cross. Construction will start next spring on units priced in the mid-$400s, including private outdoor space. Merrill is in a JV with Hart Development. He says the condo market has hit bottom and since there are few other condo buildings in the BRA's 6,000-unit multifamily pipeline, there will be little or no competition. The architect is Tise Design and Suffolk Construction is providing pre-construction services. Charing Cross will also be the debut for a new multifamily marketing firm, IGNITION Residential. Merrill is a founder along with Michael and PT, who are also principals of Charlesgate Realty Group, which they will continue to operate. |
