Spring Hill Apartments - Somerville

LOGAN INTERNATIONAL AIRPORT

LOCATI ON / MARKET OVERVIEW Somerville

CHARLESTOWN

The city of Somerville is located just two miles northwest of Boston. As of the 2010 US Census the city had a population of 75,754 people making it the most densely populated municipality in New England and the 15th most densely populated city in the U.S. Somerville has been experiencing a resurgence over the last 30 years which started when the MBTA’s Redline reached Davis Square in 1984. The growth really began during the biotech and high-tech booms of the mid-to-late 90’s when areas like Cambridge became an epicenter that spread out to neighboring communities adding jobs and the need for more housing. The tech boom helped with the revitalization, but Somerville continued to evolve on its own over the next 20 years. Today, Somerville is well known as a destination city for a younger demographic seeking an urban location with trendy restaurants, bars, music venues, an active art community, and housing within close proximity to Mass Transit.

WINTER HILL

PROSPECT HILL

Livability.com recently named Somerville #9 in the Best Downtowns in the U.S.

The evolution of Somerville into its present day status has been well documented. Davis Square, just a short drive from the subject property, has been called one of the most hip places in the U.S. for young college grads and professionals to live. Livability.com recently named Somerville #9 in the Best Downtowns in the U.S. saying “Municipal leaders from as far away as China have visited Somerville, hoping to learn more about how this city has achieved vibrancy, growth and the “hip” factor. This Boston suburb has quickly become a New England “it” town, attracting a young, creative class of workers who has helped to spur redevelopment in neglected parts of the city.“ The Boston Globe , Boston Magazine , and The New York Times have all recognized Somerville’s resurgence, and recently the Huffington Post cited Somerville calling it the Brooklyn of Massachusetts. In addition, Somerville has been recognized for its effective local government. In 2006, the Boston Globe named it the best run city in Massachusetts and in 2015 Somerville received the All-America City Award from the National Civic League.

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