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CHARING CROSS AND IGNITION REV UP

Boston
CHARING CROSS AND IGNITION REV UP
CHARING CROSS AND IGNITION REV UP
In another condo tale, Diamond Sinacori?s Merrill Diamond(center flanked by Michael DiMella and PT Vineburgh) will start marketing this week a new, $18M, 55-unit condo building on Commonwealth Ave in Brighton called Charing Cross. Construction will start next spring on units priced in the mid-$400s, including private outdoor space. Merrill is in a JV with Hart Development. He says the condo market has hit bottom and since there are few other condo buildings in the BRA's 6,000-unit multifamily pipeline, there will be little or no competition. The architect is Tise Design and Suffolk Construction is providing pre-construction services. Charing Cross will also be the debut for a new multifamily marketing firm, IGNITION Residential. Merrill is a founder along with Michael and PT, who are also principals of Charlesgate Realty Group, which they will continue to operate.