The Harvard Club of Boston plans to sell a portion of its Commonwealth Avenue main clubhouse to fund a "transformational" renovation.
Ensconced at 374-380 Commonwealth Ave. since 1913, the private club has an agreement to sell part of 380 Commonwealth Ave. to Boston's Sea-Dar Real Estate Inc., which wants to build an addition and add five condos in the building.
"We're selling what we deem as an underutilized portion of our Comm. Ave. location," said Steven Cummings, the club's general manager. "We're engaging in a series of transformational changes to our main clubhouse ... to improve the club experience for our current members and to allow us to better attract and retain a new generation of membership."
Sale proceeds will be used solely to fund the updates, which will include improved interior circulation, a new rear entrance and dining renovations, according to Cummings, who said it was too early for a project price tag.
The Harvard Club, which has 4,500 members, also leases space at 1 Federal St., in the Financial District.
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