THE POWDER HOUSE
Commercial Real Estate
Mixed Use Commercial/Residential
1060 Broadway, Sommerville, MA,
Acquisitions Date: November 2016
Powder House is an adaptive reuse of a former
elementary school that had been shuttered for 12 years.
MarKa Development was
awarded the redevelopment project through a public bid process in 2015.
The
building’s design preserves and repurposes parts of the original structure,
highlighting its industrial-era roots with exposed beams, steel and concrete
while opening up the interior with floor-to-ceiling glass that allows for
dramatic sight lines to over 19,000 square feet of open space, including
courtyards, public green space, art, performance, shopping and gathering
places.
Residential spaces flow seamlessly into a new public park designed by
GroundView Landscape Architects.
Vibrant small businesses and an “urban museum”
public art project consisting of over 70 living murals invite residents and the
wider community to live, work, shop, and play.
The building consists of 48 residences
including condominiums, market rate and affordable rental units as well as over
23,000 SF of mixed-use office and retail that is located among the residences
will be artist live work rentals and 55+ rentals and condominiums.
The project
is near completion and we have begun leasing and selling condo units.