6/13/06 * Daily Progress [ full story ]
A nine-story mixed-use building constructed with “green” techniques could rise in Belmont.
The proposed 101-foot-tall building at 201 Avon St. could add up to 116 condominiums and 22,000 square feet of commercial space to downtown.
The site is situated in an industrial/commercial area, nestled on Avon’s northern terminus just west of the Belmont Bridge and south of the CSX railroad tracks.
The building’s chief investor is Ideal Ventures, a venture capital firm that specializes in projects that “profoundly benefit society,” according to the firm’s Web site.
Condominiums would be stacked atop an L-shaped base that could have commercial amenities such as a health club or spa, according to the architect designing it.