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Urban Spaces logo

Urban Spaces

2–10 employees 4 principals

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Last updated 2mo ago

About Urban Spaces

Urban Spaces is a real estate operator. Urban Spaces operates in Boston, Massachusetts. Its investment focus is on Affordable Housing, Condominiums and Micro-apartments.

Urban Spaces LLC is a privately held real estate development firm headquartered in Cambridge, Massachusetts, operating since its founding in October 2004—now over 20 years. The company maintains a lean team of 2–10 employees, managing mid‑sized residential and commercial projects. Recent portfolio highlights include the $95 million "Kendall East" mixed‑use development featuring 136 residential units, nearly 15,000 ft² of street‑level retail, a 142‑space underground garage and 150+ bicycle spots, built along Cambridge’s First Street Corridor. Over the past 7 years, Urban Spaces assembled ten properties on that corridor, including a 115‑unit building with ~3,800 ft² retail (completed June 2015), a 5‑story 51,500 ft² Class A office project with 6,700 ft² retail (Sept 2018), and a 10,000 ft² standalone retail conversion (Sept 2019). Projects also extend into Boston, such as a 180‑unit micro‑housing development averaging 350 ft² per unit, noted as the U.S.’s largest micro‑unit building at its launch in 2016. Urban Spaces focuses on urban infill developments—residential, commercial, mixed‑use, and affordable housing—typically located near transit, universities, and employment centers.

Principals at Urban Spaces

Principal details are a Pro feature

4 principals on file

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Recent activity at Urban Spaces

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Urban Spaces's project portfolio

2 projects on file · Single-Family / For-Sale Residential (1), Mixed-Use (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Urban Spaces operates in

  • Boston, Massachusetts

Investment themes at Urban Spaces

  • Affordable Housing
  • Condominiums
  • Micro-apartments
  • Multifamily - Ground-up
  • Office-to-Residential
  • Standalone Retail
  • Student Housing
  • Suburban Office
  • Workforce Housing

Capabilities

  • Construction Management
  • Mixed Use
  • Site Development
  • Sustainability
  • Technology-forward
  • Transit-oriented development
  • Urban infill

Operators similar to Urban Spaces

  • Strada Investment Group
    Mid-market tierSuburban OfficeOffice-to-Residential+5 more themes
  • Vive Development
    Mid-market tierMicro-apartmentsSuburban Office+5 more themes
  • Poverni Sheikh Group
    Mid-market tierBoston, MassachusettsWorkforce HousingStandalone Retail+4 more themes
  • Project^
    Mid-market tierWorkforce HousingStandalone Retail+5 more themes
  • Spandrel Development Partners
    Mid-market tierOffice-to-ResidentialWorkforce Housing+4 more themes
  • Cypress Equity Investments
    Mid-market tierBoston, MassachusettsWorkforce HousingStandalone Retail+2 more themes
  • Wallace Properties
    Mid-market tierWorkforce HousingStandalone Retail+3 more themes
  • Catalyst Capital Partners
    Mid-market tierWorkforce HousingStandalone Retail+3 more themes
  • Stonegate Group, LLC
    Mid-market tierBoston, MassachusettsStandalone RetailSuburban Office+2 more themes
  • Allen Sigmon Real Estate Group
    Mid-market tierWorkforce HousingStandalone Retail+3 more themes

Frequently asked questions about Urban Spaces

What does Urban Spaces do?
Urban Spaces LLC is a privately held real estate development firm headquartered in Cambridge, Massachusetts, operating since its founding in October 2004—now over 20 years.
What markets does Urban Spaces operate in?
Urban Spaces is active in Boston, Massachusetts.
How many employees does Urban Spaces have?
Urban Spaces has 2–10 employees.
Urban Spaces cover image

Urban Spaces at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
2–10
Units owned
<1,000
Units managed
<1,000
Property mgmt
Self-Managed
Markets
1
Principals
4

Contact Urban Spaces

55 Bent Street Cambridge, MA 02141
urbanspacesllc.com