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XP, the largest publicly traded developer and owner of premier workplaces in the US, has broken ground on a 312-unit mixed-income community at 17 Hartwell Avenue in Lexington, Massachusetts. The project marks a significant step towards expanding housing options in the town, particularly under the state's MBTA Communities Act.

    The five-story development, located near downtown Lexington, will include investment support from Northwestern Mutual, which holds a majority interest. BXP acquired the site through a joint venture for $21.84 million and will serve as development manager with a minority interest.

    "We're proud to work with Northwestern Mutual to bring housing to Lexington that aligns with the community's long-term goals," said Bryan Koop, Executive Vice President of Boston Region at BXP. "This project represents an important step forward in expanding housing access, sustainability, and livability in the region."

    The $98.7 million construction loan was secured by Northwestern Mutual, which joined BXP leadership for the groundbreaking ceremony. The event was attended by senior development and construction leaders from both companies.

    Designed by Cube 3 and the Edit Lab at Streetsense, the all-electric community will feature a mix of studios, one-, two-, and three-bedroom apartments, with 47 units income-restricted to provide more affordable housing options. The project targets Passive House certification and LEED Silver designation, emphasizing energy efficiency and sustainability.

    Lexington Planning Director Abby McCabe praised the project's potential to address housing diversity in the area. "This development will help us move towards our goal of diversifying Lexington's housing portfolio," she said.

    Residents will enjoy a range of amenities, including landscaped courtyards, a swimming pool, children's play area, dog park, and multiple indoor and outdoor gathering spaces. A structured parking garage and separate retail building are also planned to activate the streetscape.

    Construction is being managed by Dellbrook JKS, with completion expected in mid-2027. The project team includes key members such as Vanasse Hangen Brustlin (VHB), Haley & Aldrich, Lemon Brooke, H+O Structural Engineering, R.W. Sullivan, and Thornton Tomasetti.

    With 17 Hartwell Avenue, BXP continues to expand its footprint in the Greater Boston area while supporting state and local housing goals and advancing sustainable development practices.