Developer Phil Kuchma and Mayor Bill Finch today (Friday) will host a ribbon cutting for 1208 Broad Street, a new 12-unit apartment building adjacent to the Broad Street steps Downtown.
“Downtown has become a very attractive neighborhood for young professionals thanks to its proximity to transportation options, affordability, a thriving artist community, and a growing list of cultural and fine dining options,” said Finch in a news release. “The opening of 1208 Broad Street, thanks to the hard work of Phil Kuchma, is another exciting step forward in the growth of this neighborhood.”
Kuchma also developed the Bijou Square district that includes housing, restaurants and revitalized historic Bijou Theatre on Fairfield Avenue a block away from his latest housing venture. The new building, at a construction cost of $1.7 million, opened to tenants on August 1 and is 90-percent occupied. The 600-square foot studio apartments include stainless steel appliances and in-unit washer-dryers.
The ribbon cutting will take place at 2 p.m.