GFC Breaks Ground on Five-Story, 32-Unit Residences at 30 B Street in South Boston
posted on January 14, 2016
GFC Development Inc. (“GFC”), one of Boston’s leading general contractors, real estate developers, and real estate investment firms announced today that it has broken ground on a new, five-story, 49,000 sq. ft. residential condominium project called ARYA Condominiums located at 30 B Street, South Boston, Massachusetts.
The proposed project includes the demolition of three existing structures and the construction of a five-story building that will house 32 contemporary condominium units and 33 parking spaces. The development team expects to have the building completed in February 2017.
Charles Aggouras, president of GFC said, “We have worked closely with the BRA, the Mayor’s office and Dartagnan Brown, principal of EMBARC Studios of Boston, on plans for a 32-unit luxury condominium complex that will serve the growing housing demands in this vibrant neighborhood. Our team is excited to enter the construction phase, and participate in the continual revitalization of South Boston.”