Mixed-use complex to add 41 apartments to beachfront
The Art Deco-style residential and commercial development at 163 Nantasket Ave. – built on the former site of Marvel’s Lunch Box – is nearing completion, with tenants expected to start occupying the studio and one-bedroom apartments by May.
The 41-unit project, named Ocean Bay Nantasket, is the latest new construction in the Nantasket Beach Overlay District, which was created to encourage mixed-use development to promote economic revitalization and growth within the beachfront retail corridor.
The building’s name denotes that the apartments offer views of both the ocean and bay. There will be 23 one-bedroom and 18 studios. However, there is no tenant yet for the 2,900-square-foot commercial portion of the building, which is suitable for a restaurant, retail, or office space.
“We’re excited,” developer Steven Austin told The Hull Times. “It’s been a long road, with supply chain issues due to COVID, but we were able for the most part to plan ahead of time and order what we needed in advance.”
This is his largest undertaking to date.
The four-story cream, beige, and pale blue building – situated between the C Note and the Sandpiper Inn long-term lodging house, which he also owns, and bounded by Park Avenue and Berkley Road – features studio and one-bedroom market-rent apartments on three floors located above ground-level parking and the commercial space. Most of the units have balconies.
The new development replaces a one-story structure that over the years housed Marvel’s, the Hull Federal Credit Union, Carnevale Italian restaurant, and for decades, Saba’s famous fried clam stand. The rear part of the site was the former employee parking lot for Paragon Park.
The rents range from $1,600 to $2,900 a month, depending on the size of the unit and balcony.
“The fourth-floor apartments feel roomier, with high ceilings and open living areas,” Austin said. The units feature stainless steel appliances and quartz countertops.
“We’re finalizing the interior work, and once the weather breaks, we’ll be doing the landscaping and paving,” Austin said.
Native plantings and grasses will be scattered throughout the property. The town is redoing Park Avenue and Berkley Road, so the street leading to the building will be “brand-new,” he noted.