Penny Savings Bank


The redevelopment of the former Penny Savings Bank at 30 Union Park in Boston’s South End created a unique structure composed of the existing 2-story white marble building with a restored exterior and a new three-story contemporary addition.

This mixed-used project included retail on the ground floor and underground parking using the existing driveway and lower level.

Originally constructed in 1917, Penny Savings Bank was built in a Classical Revival Style with a polished white marble façade and stately pillars. 100 years later, Stonegate is extremely proud of the successful restoration of this elegant, one-of-a kind landmark building.

The new addition of a simple, glass curtain wall to the original building created a total of 23 condominiums consisting of lofts, 1, 2 and 2+ bedrooms. Retail space covering 9,000 square feet is located on the street level, and underground parking now provides space for more than 25 cars.

With unsurpassed views of the city, the Cathedral of the Holy Cross and the Washington Street Corridor, the creative fusion of old and new make Penny Savings Bank at 30 Union Park one of the most desirable locations in Boston’s South End.