The City of Boston is pleased to announce that partnerships with the Mount Vernon Company and TLee Development have resulted in the acquisition and preservation of 54 units of naturally occurring affordable housing through the Acquisition Opportunity Program (AOP).
news & press


National Development, Mount Vernon plan lab campus in Allston
Published January 08, 2021 in DevelopmentNewton-based National Development and Boston-based The Mount Vernon Co. plan to jointly develop a three-building, 650,000-square-foot life science and office campus at 1170 Soldiers Field Road in Allston, the longtime home to WBZ-TV’s studio.

WBZ plans new studio complex on Soldiers Field Road
Published December 30, 2020 in DevelopmentCity officials have signed off on a new studio for WBZ-TV in Allston, which could in turn make room for more large-scale new development in the fast-changing neighborhood. A venture between two veteran Boston developers — National Development and Mount Vernon Co. — won Boston Planning & Development Authority approval Thursday to build a 63,000-square-foot studio along Soldiers Field Road.

Mount Vernon, National Making News In Allston
Published December 30, 2020 in DevelopmentBoston - The trek began over two years ago and the finished vision will take at least as long to be realized, but a significant milestone is being celebrated in approval of a 21st century television studio for media staple WBZ being built under a joint venture between Mount Vernon Co. and National Development.

YW Boston building to become affordable housing complex
Published December 21, 2020 in DevelopmentBeacon Communities and Mount Vernon Company (MVC) have entered into a purchase agreement with YW Boston to preserve the historic 140 Clarendon Street YWCA Boston property in Boston’s Back Bay neighborhood. The property will maintain a mix of residential, commercial, educational, and cultural uses and will convert the 66-room hotel and 118 apartments into 210 affordable apartments. Nearly half will be set aside as permanent supportive housing for individuals who have previously experienced homelessness.

YW building in Back Bay to become affordable housing complex
Published December 21, 2020 in DevelopmentThe longtime home of Boston’s YWCA will soon get a new life as affordable housing in one of the city’s swankiest neighborhoods. Developers Beacon Communities and Mount Vernon Co. are set to file plans with the city Friday to convert the 13-story building at the corner of Clarendon and Stuart streets in the Back Bay into a 210-unit affordable housing development, with nearly half set aside as permanent supportive housing for formerly homeless people.

The Mount Vernon Company completes 132 Unit LEED
Published June 20, 2019 in Development, PressThe Mount Vernon Company has completed construction of the Radius Apartments, a 132 unit multifamily community located at 530 Western Avenue in Brighton, MA. The building will earn green building certification through LEED Multifamily Midrise v2010. LEED is a comprehensive certification program that takes a holistic view of building sustainability, including low impact site and landscaping; water efficiency; energy efficiency; low-impact and healthy materials; and high indoor air quality.

Revolutionary Design
Published January 24, 2019 in Development, PressIt takes a special kind of property to reflect its location and culture, but it takes a truly interesting property to reflect its history, and then share that with guests through design. Newly opened, The Revolution Hotel in Boston not only showcases the city’s storied past through its decor and art installations but is a piece of artwork itself.