Loop Global Installs 64 EV Charging Ports at a Multifamily Development in Boston

Why It Matters

Embedding EV charging at scale reduces cost barriers and enhances property value, accelerating residential electrification in dense urban markets.

Key Takeaways

• Loop installed 64 Flex 32 A Level 2 chargers in Boston.
• Chargers cover 25% of parking spaces across two residential buildings.
• Utility incentives funded roughly 70% of the project cost.
• Project is Boston’s largest multifamily EV charging deployment to date.
• Integrated charging from planning stage adds long‑term resident value.

Pulse Analysis

The residential sector is rapidly becoming the next frontier for electric‑vehicle infrastructure, and Loop Global’s recent Boston deployment underscores that shift. By installing 64 Level 2 Flex 32 A units in a transit‑oriented, 247‑unit complex, Loop provides residents with reliable, networked charging that can be monitored and managed in real time. Early integration of such hardware during the planning stage not only avoids costly retrofits but also positions the property as a forward‑looking asset in a market where renters increasingly expect EV readiness.

Financially, the project illustrates how strategic partnerships can dramatically lower capital outlays. Eversource’s utility incentives covered roughly 70 % of the installation cost, turning what could be a multi‑million‑dollar expense into a financially viable amenity. For developers, this reduces the payback period and improves the overall return on investment, while residents benefit from lower electricity rates and streamlined billing through Loop’s platform. The model demonstrates a replicable pathway for other multifamily developers seeking to meet emerging sustainability standards without sacrificing profitability.

Boston’s broader urban planning goals align with this development, as the city pushes for higher density, reduced car dependency, and expanded public transit usage. The Hyde Park project’s proximity to downtown and its transit‑oriented design make it a showcase for how EV charging can be woven into the fabric of city living. As more municipalities adopt similar incentive programs, the scale of residential charging networks is likely to accelerate, giving early adopters a competitive edge in attracting eco‑conscious tenants and future‑proofing their portfolios.