(QUINCY, MA) – Hines, the international real estate firm, announced today that Meriel Marina Bay has earned Gold certification under the U.S. Green Building Council’s LEED BD+C: New Construction Rating System. As one of the newest and most dynamic luxury residential projects in Quincy, MA, Meriel Marina Bay is the first Hines multifamily project to achieve this level of LEED certification. MetLife Investment Management, the majority owner of Meriel Marina Bay, partnered with Hines to secure the property’s Gold certification.
Meriel Marina Bay—located adjacent to Dorchester Bay—consists of two, five-story apartment buildings with 352 market-rate units, approximately 20,000 square feet of retail space and more than 530 parking spaces. The development includes a significant expansion of the Marina Bay boardwalk, as well as new retail and dining offerings. A waterfront pedestrian connection between the boardwalk and Squantum Point Park offers an additional public benefit.
The luxury apartment community was developed by Hines, designed by Elkus Manfredi Architects and Cube3 Studios, and constructed by Callahan, Inc. Meriel Marina Bay features studio to three-bedroom apartments with open layouts and luxurious finishes, such as oversized windows, wide plank flooring, kitchens with stainless-steel appliances, center islands with breakfast bars, quartz countertops and European-style soft-close cabinets. Most apartment homes offer private patios or oversized balconies.
A commitment to environmental sustainability is evident throughout Meriel Marina Bay. Responsible construction choices ensure energy efficiency, optimal indoor air quality and eco-friendly design, including multiple elevated courtyards and a green roof that together comprise more than 20 percent of the overall site area. Other green features implemented at the property include: reduction of potable water consumption by selecting plantings that require only watering from rainfall, installation of ENERGY STAR® appliances in the units and providing ample secured bicycle storage for the building’s residential occupants.
The community also provides free shuttle service to the MBTA North Quincy Red Line Station to reduce car trips and promote public transit. A seasonal water ferry offers an additional short alternative commute to downtown Boston.
“The residences at Meriel Marina Bay truly embody a new way of mindful living as one of the highest LEED certified, environmentally friendly buildings South of Boston,” said Hines Director Sean Sacks.
Hines Senior Construction Manager David Walker added, “The sophisticated contemporary design blends nicely and respects the surrounding natural beauty of Dorchester Bay and Squantum Point Park.”
The project also recently achieved two other milestones. In early August, Meriel Marina Bay reached 90 percent leased and earlier this year, was named the 2018 Winner "Residential - Multi-Unit” Design from IIDA (International Interior Design Association) New England Chapter.
Meriel Marina Bay is managed by The Bozzuto Group, an award-winning residential real estate company. For more information about Meriel Marina Bay, or to schedule a tour, please visit www.merielmarinabay.com or contact the on-site leasing team at 617-459-4040.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 207 cities in 24 countries. Hines has approximately $116.4 billion of assets under management, including $64 billion for which Hines provides fiduciary investment management services, and $52.4 billion for which Hines provides third-party property-level services. The firm has 109 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,319 properties, totaling over 431 million square feet. The firm’s current property and asset management portfolio includes 527 properties, representing over 224 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.
