279 units make up this innovative coliving community in which residents rent fully furnished bedrooms and share common space with other renters

BOSTON, MA – January 16, 2024 – Arx Urban and Boylston Properties, in partnership with FAM Asset Management, today announced that the newest coliving development in Boston, 525 LINC, is now open and leasing in the heart of Lower Allston. 525 LINC includes 80 co-living suites and studios, equaling 279 rentable bedrooms, and boasts all the benefits of luxury apartments with stress-free, community-focused and all-inclusive living. Residents enjoy fully furnished apartments, including household basics like pots and pans and all utilities and high-speed internet. The development also features luxury community amenities such as a roof deck with spectacular skyline views, outdoor patio, fitness center, community kitchen and work room, WFH lounge, electric-vehicle car shares, and a bike room.

Residents have begun to move into the 279-unit building, renting from a mix of studios, 3- and 4-bedroom suites. Renting a studio is similar to renting a typical apartment in that residents rent the entire unit. With a 3 or 4-bedroom, residents rent by the bedroom and share the suite’s common space with other renters.

“Renting by the bedroom is not a new model for tackling housing affordability. It has been done for decades by young professionals throughout Boston, especially in triple-decker homes. But 525 LINC creates a new paradigm for this arrangement in that it removes friction from the experience. All furnishings, utilities, housewares, roommate matching, cleaning, laundry, co-working spaces are included in the rent—in addition to an impressive amenity package that residents can enjoy beyond the four walls of their unit. We believe the value proposition is unmatched across any other Class A apartment building across the city,” said Benjie Moll, founder of Arx Urban.

Developed by Arx Urban and Boylston Properties, and managed by National Development, 525 LINC is centrally situated in Allston, minutes from Harvard School of Engineering and Applied Sciences and Harvard Business School, Boston Landing and Packards Corner. Residents will love being close to Trader Joe’s, bars, restaurants, music venues and everything else that makes Allston, Allston.

“Greater Boston is in the middle of a dire housing crisis and we are thrilled that residents are officially moving in to this new, more affordable housing type for residents who value uncomplicated, all-inclusive living,” said Andrew Copelotti, Principal at Boylston Properties. “Working with Arx Urban and National Development, we officially opened the doors to 525 LINC this month – a great example of diverse, equitable housing solutions that we should prioritize in our region.”

National Development is managing 525 LINC, following their second year successfully running the city’s first coliving concept at 7INK, located at Ink Block in Boston’s South End. Committed to providing top-notch service to its newest resident community, the 525 LINC staff is now welcoming prospects in for tours, and invites residents to skip the furniture shopping, skip the roommate searching, and enjoy all-inclusive living at 525 LINC.

Learn more and schedule your tour today at https://525linc.com.

About 525 LINC
525 LINC is Boston’s second co-living building, bringing a global trend to Allston that provides residents with an all-inclusive approach to apartment living where units are fully furnished and utilities, internet, bi-weekly housekeeping, kitchen basics and roommate matching are all included in base rent. Co-living is an emerging way of living that enriches the residential experience through a rent-by-the-bedroom model with convenient hospitality-like services, abundant amenity and WFH spaces and a variety of unit configurations. Fully furnished apartments include private bedrooms (some with private bathrooms) and shared living/kitchen spaces to work, eat, socialize and hang out. A roommate matching service connects residents to other like-minded people. Learn more at https://525linc.com.

About Arx Urban
Arx Urban is an innovative real estate firm focused on creating and preserving housing in the Greater Boston area. Benjie Moll and Danny Moll founded the firm in 2014 with the mission to create a socially-minded, technology-enabled and forward-thinking approach to real estate. To date, Arx Urban has developed or acquired 20 multifamily and mixed-use projects with nearly $450 million in project value. For more information about Arx Urban, please visit www.arxurban.com.

About Boylston Properties
Boylston Properties is a Boston-based real estate developer of mixed-use places including retail, residential, hotel, corporate, and lab buildings. With four decades of experience and a contemporary vision, their distinctive projects have become part of Greater Boston’s new urban landscape. For more information, please visit www.boylstonproperties.com.

About FAM Asset Management
FAM Asset Management stewards a strategic mix of commercial, residential and resort real estate holdings positioned across North America, investing heavily in the development, renovation, and stabilization of properties to ensure sustainable investment returns, future growth, and unique resilience through market cycles.

About National Development
For over 40 years, National Development has been one of the most active real estate development firms in Massachusetts. Specializing in multi-family, office, mixed-use, retail, industrial, hotel and senior housing projects, National Development and its affiliates have developed over 30 million square feet of space.  National Development is also one of the region’s largest property management companies and currently manages over 8 million square feet of commercial space and approximately 2,800 residential units in the ND Communities family of apartment homes.  For more information, visit natdev.com or follow @nationaldevelop and @ndcommunities on Twitter and Instagram.