FAIRFIELD FINISHES CONSTRUCTION ON VERO APARTMENTS IN CHELSEA, MA

436 Brand-new Apartments Expand Multifamily Housing in Boston Metro

SAN DIEGO, CA – March 1, 2023 – Fairfield today announced the completion of the construction of Vero Apartments located at located at 255 Vale St. in Chelsea, MA. Just 10 minutes from the MBTA Silver Line, the multifamily community offers 436 studio, 1- and 2-bedroom units, including 14 designated affordable units.

“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 Robb Hewitt, vice president of development. “Vero, together with the forthcoming second phase called V2, is reinvigorating the site of the former Chelsea Clock manufacturing building and waste management transfer station with nearly 700 units of new housing 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 property’s proximity to Boston. Additionally, Vero offers an array of on-site community amenities including a state-of-the-art fitness center, resort-style pool, co-working lounge with complimentary wi-fi and electric vehicle charging stations.

Vero Apartments is now open and leasing online or in person. Visit www.lifeatvero.com to schedule a tour or start the leasing process.
 

About Fairfield

Fairfield is a leading owner, developer, and operator of multifamily communities throughout the U.S. We manage nearly 40,000 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.

For more information, please visit our website at www.fairfieldresidential.com or contact: