With 710 apartments, Cedar Street Companies’ proposed development at Broadway and Argyle Street Uptown stands out, but not just for its size.
The complex — along with similar projects by CRG and Praedium Development — is part of a growing number of luxury apartment mega-projects in a neighborhood previously known more for affordable housing. Their presence is spurring waves of redevelopment along Broadway, with the potential to transform the neighborhood, while also kicking up resistance from some entrenched residents who see it as another gentrification play…..
Joe Smazal, a multi-family residential broker with Interra Realty, said Cedar Street has already demonstrated the neighborhood’s appetite for high-end units, including studio apartments, a few blocks away with its redevelopment of the Lawrence House.
