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As the second largest multifamily manager in the United States, Lincoln Property Company brings a wealth of expertise, integrity, and innovation to the industry. With over 50 years of tenure, continual growth, and the success of our business partners and employees, Lincoln continues to be a leader in the multifamily vertical. 

March 03, 2016

LPC and Daiwa House Finalize Project Overview of Cooper Street Apartments

Lincoln Property Company and Daiwa House Industry Co., Ltd. are pleased to announce the finalization of Cooper Street's project outline, a rental housing development project in Waltham, a suburb of Boston, Massachusetts. The project was launched with the land acquisition on January 28, 2016.

Cooper Street is the fourth joint project between Lincoln Property Company and Daiwa House. The other three projects are the Berkeley (Fort Worth, Texas), Water's Edge (Farmers Branch, Texas) and North Clark (Chicago, Illinois).

*Project Outline *

Project name: Cooper Street

Location: 20 Cooper Street, Waltham, Middlesex County, MA 02453, United States

Total number of units: 264 (5 above-ground stories)

Total site area: 17,492 square meters

Total floor area: 26,587 square meters

Construction: Five-story wood construction

Unit floor area: 65.03 square meters to 109.25 square meters

Floor plan: 4 studio units, 174 one-bedroom units, 86 two-bedroom units

Monthly rental price: Approximately 230,000 yen to 320,000 yen (converted at US$1 = 115 yen)

Planned construction start: February 2016

Scheduled date of completion: December 2017

Available: September 2017 (Rentals to start from completed units)

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