This is one of at least two apartment buildings planned for the area surrounding Framingham’s MBTA Commuter Rail stop.
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Boston-based Waverly Development has broken ground on a 181-unit apartment complex in Framingham, with Bridgewater-based Callahan Construction serving as the project’s construction partner.
Sitting at 358-380 Waverly St., approximately 500 feet from Framingham’s MBTA Commuter Rail, this mixed-use project will add nearly 3,000 square feet of retail and 230 garage parking spaces, with 21 of the 181 units being designated as affordable.
The project will feature amenities such as a club room, fitness center with yoga studio, work-from-home offices, a swimming pool, courtyard with fire pits and grilling stations, as well as a turf field for yard games, package and bike storage, and EV charging stations.
“From day one, we’ve partnered closely with the City of Framingham, our neighbors, and our design and construction teams to deliver a thoughtful, responsive project that creates value for all stakeholders,” Raymond Boghos, a principal at Waverly Development, said in a Wednesday press release announcing the groundbreaking. “This groundbreaking represents the start of a new chapter for downtown Framingham that offers more housing choices, easier access to transit, and inviting spaces that help people connect.”
This is one of at least two apartment buildings planned for the area surrounding Framingham’s MBTA Commuter Rail stop, with another multi-family project in the works for the other side of the tracks.
“The need for more smart, sensible, transit-oriented development is significant in Massachusetts, which is why the start of construction of the 358 Waverly Street project is so important for the MetroWest region,” Patrick Callahan, president of Callahan Construction Managers, said in the press release.
Waverly Development, founded in 2022 by Raymond Boghos and Julia Wynyard, is a full-service, commercial real estate company focused on the development of multi-family, mixed-use, and industrial properties across Massachusetts.
An entity owned by Boghos purchased the site for $3.6 million in 2023.
“The groundbreaking represents a major step forward for the redevelopment of downtown Framingham and for housing in our city,” Sarkis Sarkisian, director of planning & community development for the City of Framingham, said in the press release.
Callahan Construction is a family-owned construction management company that provides clients with pre-construction and construction management services across a wide variety of market segments. These include life sciences, multifamily residential, hospitality, retail, and educational projects.
Jill McSorley is an editorial intern for the Worcester Business Journal. She is a student at Assumption University studying communications and media, writing, and marketing.
