FAIRFIELD COMPLETES CONSTRUCTION ON V2 APARTMENTS IN CHELSEA, MA

256 Brand-new Luxury Apartments Expand Multifamily Housing in Boston Metro

SAN DIEGO, CA – March 19, 2024 – Fairfield today announced the completion of construction of V2 Apartments in Chelsea, MA. Located at 250 Vale Street, the multifamily community adds 256 brand-new studio, 1- and 2-bedroom apartment homes to Boston’s metro area near the MBTA Silver Line and downtown Chelsea.

“Demand for housing is strong in the rapidly growing neighborhood adjacent to the new Silver Line transit station that provides access to downtown Boston’s employment centers,” said Vice President of Development Robb Hewitt. “V2 complements its neighboring sister community, Vero, as part of the reinvigoration of the former Chelsea Clock manufacturing building and the waste management transfer station with a nearly 700 units of new housing combined, including retail space on the ground floor.”

Hewitt adds that with numerous retail and entertainment venues nearby, including the Encore casino, residents will enjoy the local amenities as well as the community’s proximity to Boston. Additionally, V2 stands out from the competitive market with exceptional design meant to maximize outdoor use throughout the seasons and an extensive array of on-site community amenities, including a state-of-the-art fitness center with personal e-trainer, resort-style pool, dog park, three outdoor courtyards, co-working lounge with complimentary Wi-Fi, and electric vehicle charging stations.

V2 is now leasing online and in person. Visit V2Apts.com to schedule a tour or begin the leasing process.

About Fairfield

Fairfield is a leading owner, developer, and operator of multifamily communities throughout the U.S. We manage approximately 42,400+ units nationwide across luxury new construction, renovated apartment homes, and tax credit affordable housing in urban and suburban neighborhoods. We offer a vertically integrated national multifamily services platform providing development, construction, renovation, asset and property management, and acquisition and disposition services to our investors. Fairfield operates nationwide, with regional offices in Atlanta, Boston, Dallas, Denver, and Washington, D.C. Fairfield Realty Advisors LLC is registered as an investment adviser with the U.S. Securities and Exchange Commission.

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