The City of Boston and the Fenway Community Development Corporation opened Burbank Terrace Apartments. The income-restricted community is walking distance to Fenway Park.

Fenway CDC purchased a dilapidated parking lot at 72 Burbank St. in 2021, replacing it with a seven-story residential building. The Burbank Terrace apartments feature eight studios, seven one-bedroom units and 12 two-bedroom units.

The apartments are designated for those earning between 30% and 60% of area median income.

“Fenway is a great neighborhood, and ensuring affordable housing keeps it strong,” said Chief of Housing Sheila Dillon in a press release. “These affordable homes stabilize the community and create long-term opportunities for residents. Fenway CDC seized this chance to make a meaningful difference, and the City was proud to support the effort.”