Banker & Tradesman | By Steve Adams
January 20, 2017
Apartment rents have leveled off in Boston according to recent industry research, but that isn’t stopping developers’ plans for more multifamily projects in the downtown area.
The latest proposal would replace a small parking lot at 47-55 LaGrange St. with a 21-story, 157,000-square-foot tower.
Developer QMG LaGrange LLC of Boston, led by Steve Goodman, John Matteson and Fan Du, said the project will include large light sculptures hanging above LaGrange and Tamworth streets and lighted sidewalks in front of the building.
Designed by Boston-based architects Stantec, the building was inspired by the look of a cast-iron Chinese garden lantern, according to a project notification form filed this week with the Boston Planning and Development Agency.
“The façade design takes its cues from the dark-colored garden lantern’s material palette, cladding the building in a curtain wall system with intricate metal details. Sophisticated window opening patterns are developed to simulate the ornamental skin of a lantern,” the document states.