October 24, 2019, BURLINGTON, MA – The Reserve at Burlington, a dynamic new, amenity-rich 270-unit apartment community located off Cambridge Street on Corporate Drive in Burlington, was officially unveiled by the developers and project team with a ribbon-cutting ceremony. The ceremony was attended by representatives of the Town of Burlington and the Burlington Area Chamber of Commerce.
Designed with sustainability and wellness in mind, The Reserve at Burlington has been developed by The Davis Companies in partnership with Principal Real Estate Investors. The Dolben Company, Inc. is serving as managing agent. First residents are expected to move in this November.
“We are proud to open our doors at The Reserve at Burlington, one of the most thoughtful and beautifully designed communities in Burlington,” said Chris Chandor, Senior Vice President of Development at The Davis Companies. “The Reserve at Burlington represents a true collaboration between developer, architect, and the town and stands as a model for tying development goals back to the needs of the community.”
Located less than one mile from Lahey Hospital and Medical Center, and the Burlington Mall, The Reserve at Burlington consists of a mix of studio, one-, two-, and three-bedroom apartment homes with access to exquisite, in-building amenities designed to be both social and serene. Featured amenities include four elevated outdoor courtyards, a 24-hour fitness center with studio space, a resort-style pool with sundeck and cabana areas, a solarium with living wall and water feature, and a multitude of resident work and lounge spaces featuring billiard tables, access to a catering kitchen, and state-of-the-art conference space. Additional amenities include a pet spa, Amazon Hub package management system, and electric car charging stations. All 270 apartments at The Reserve have access to enclosed garage parking, located under the building. The apartment homes feature upscale finishes, with kitchen islands, glass-enclosed showers, and oversized windows that flood the apartments with natural light. For more information, visit www.TheReserveAtBurlington.com.
About The Dolben Company, Inc.
With offices in Massachusetts and Maryland and more than 17,000 residential units throughout the New England and Mid-Atlantic regions, The Dolben Company, Inc. is built on a deep heritage of performance and stewardship. Since 1929, four generations of the Dolben family have upheld a proud tradition of unparalleled success and profitability, fulfilling the property and investment needs for a wide array of businesses, financial institutions, organizations and private investors. For more information on The Dolben Company, visit www.dolben.com.
About The Davis Companies
The Davis Companies is an integrated real estate investment, development and management firm headquartered in Boston that has invested more than $6.2 billion in gross asset value through real estate equity, debt and fixed-income securities. A combination of capital markets, development and management expertise allows The Davis Companies to nimbly tackle complex opportunities. Directly, and with its valued partners, The Davis Companies currently owns a real estate portfolio of approximately 10.2 million square feet of office, retail, hospitality, light industrial, healthcare and life science properties and approximately 5,000 residential units across the Eastern United States. For further information, visit www.thedaviscompanies.com.
About Principal Real Estate Investors
Principal Real Estate Investors manages or sub-advises $82.9 billion in commercial real estate assets (as of June 30, 2019). The firm's real estate capabilities include both public and private equity and debt investment alternatives. Principal Real Estate Investors is the dedicated real estate group of Principal Global Investors, a diversified asset management organization and a member of the Principal Financial Group®.