Construction sites have taken over the two block span that runs along Commonwealth Avenue between Gr

Construction sites have taken over the two block span that runs along Commonwealth Avenue between Griggs Street and Redford Street in Allston in an effort apartment rentals los angeles to build new luxury apartment buildings. PHOTO BY FALON MORAN/DAILY FREE PRESS STAFF
Dubbed the “Eco,” when completed, this apartment complex will mark the third set of renovated apartments to be added to the company’s group of environmentally conscious living, the “Green District.” The apartments will be completed this August and ready for move-in on Sept. 1.
“Allston provides an opportunity for high-quality, mid-ranged priced housing that heretofore has not been available,” said Bruce Percelay, chairman and founder of Mount Vernon Co. “We want to improve the area. If we can expand our footprint and provide more quality housing in the area, we would love to do so.”
The apartments will demand higher prices unfamiliar to most Allston residences, with single bedroom units costing up to $2,100 a month. Percelay justified the price of rent, citing proximity to transit apartment rentals los angeles and major parts of town.
Mount Vernon apartment rentals los angeles Co. also purchased four-apartment buildings and storefronts around the area. The Joshua Tree, a neighborhood bar and restaurant, is one of their recent purchases acquired in fall 2013 for approximately $2 million, and the sale will close at the end of the month, Percelay said.
“Rent has been going up around there for a while,” said Robert Morgan, bartender apartment rentals los angeles at the Avenue Bar in Allston. “There are a bunch of budget apartments out here — they’re falling apart and they’re probably not that much cheaper than these. At least these are nicer buildings. You get quality for the money you’re paying.”
apartment rentals los angeles Morgan’s clientele covers a broad spectrum because of the bar’s location. He gets plenty apartment rentals los angeles of veterans and also many students. He noticed the crowds shifting when Boston University expanded further down Commonwealth Avenue.
“If we’re talking about these buildings, apartment rentals los angeles it’ll be the young professionals who’ve just finished college and got a good degree and have started a good job who are able to afford them,” he said.  “So for our store, it would be a lot of help if we had that type of crowd nearby I can’t see how it can do any wrong. It can only be better.”
“Allston has already pretty much been gentrified,” said Chelsea Kantor, 23, of Allston. “There’s definitely apartment rentals los angeles still a lot of families that live around here and it’s still for the most part a low-income area, but it is just a lot of students that live around here that don’t pay their own rent and can just afford whatever. Yes, it makes rent go up, but price of everything’s going up, hopefully wages go up too so people can afford to live there.”
“Lower Allston is developing more as an off-campus place to live,” Kantor said. “It’s cheaper, it’s a little bit out of the way and it’s a little more secluded. It’s going to take a long time for it to become apartment rentals los angeles completely gentrified, whereas it’s really nice when there’s not a methadone clinic down the street, not a lot of addicts walking apartment rentals los angeles around.”