Banker & Tradesman
October 28, 2016
Citizens Bank has issued a $73 million construction loan for the next phase of the Roseland Property Co.’s Portside luxury apartment complex on the East Boston waterfront.
The Portside 5 and 6 buildings now under construction will include 296 apartments and 253 garaged parking spaces in a 5-story, 235,078-square-foot building on Marginal Street. Completion is projected in December 2017.
The facility will include a spin bike studio, golf simulator, demonstration kitchen with private dining, media room, indoor pool with locker rooms, rooftop desk with barbecue grills, fire pit and lounge seating.