Citing an increase in demand, the developers behind the South End's incoming large-scale Ink Block development announced this week the new apartment complex will include a tower of luxury condominiums.
The Ink Block development, scheduled for completion in 2015, will encompass six buildings with retail on the first floor, including a large Whole Foods supermarket, restaurants and a parking garage.
National Development, the developers behind the Ink Block development said the luxury condo tower, known as Sepia, would include 83 condos that would go on sale as early as September 28. Construction is expected to begin in early 2014, the developer said.
“We are very excited to begin work on our fourth building at Ink Block and to offer a luxury condominium product in this hot new location,” said Ted Tye, managing partner at National Development. “Sepia is the only new luxury condo project planned for new construction in the Boston market, and it will provide residences that fit in with the character and style of the South End.”The luxury apartments will include underground resident parking, a roof deck with a pool, private balconies, a fitness center and other amenities, the developers said.
The Ink Block development is located at the corner of Harrison and Traveler Streets on the former site of the Boston Herald building. The full development plans include a total of 475 units of housing, including the 83 condominiums at Sepia, and 85,000 square feet of premier retail space. Other towers, named 1 INK, 2 INK and 3 INK will offer one, two and three-bedroom rental apartments located above retail space and underground parking. National Development also recently acquired the former FW Webb property at 237 Albany Street to further expand the Ink Block footprint.