BOSTON -  The Hamilton Company has successfully permitted 8 Winter Street in Boston, one of the four corners of Downtown Crossing, and will transform the existing 50,000 square foot office building into the area’s first moderate rate apartment high rise.

Hamilton Construction Management Corporation, a subsidiary of The Hamilton Company, has begun interior demolition of the 12 story building.  Upon completion, the first floor retail space will remain intact with 40 1-bedroom units and 8-studios added to the Downtown Crossing housing inventory. The moderately priced units will feature hardwood floors, stainless steel appliances and other modern conveniences.

“We are strong proponents of the Mayor’s efforts to improve the Ladder District and are convinced that this additional housing will add vibrancy to the neighborhood,” stated Carl Valeri, President of the Hamilton Company.

The Hamilton Company, owned by the Chairman, Harold Brown, has been in operation for close to 60 years.  It owns and operates in excess of 5,000 housing units throughout greater Boston in addition to 3 million square feet of commercial space.