Boston Residential Development Plans 44-Unit Luxury Building Across from the Greenway
By Veronica Grecu, Associate Editor
The small parking lot on India Street facing the Rose Fitzgerald Kennedy Greenway in Downtown Boston could be replaced by a 12-story residential structure by Boston Residential Development, which recently filed a Project Notification Form with the Boston Redevelopment Authority (BRA).
Surrounded by high-rise commercial and residential buildings and structured parking garages, the 7,100-square-foot site at 55 India Street has been a paved parking lot since the 1950s and consists of three small parcels. As described in the Project Notification Form, the proposed project would add much-needed housing in this part of the downtown area while filling a gap along the Greenway and enhancing the pedestrian experience. The Rose Fitzgerald Kennedy Greenway was officially opened in 2008 as a 15-acre linear urban park built on land created after the Big Dig—a megaproject that rerouted the elevated John F. Fitzgerald Expressway that ran through the heart of the city into a 3.5-mile tunnel.
55 India Street will encompass 67,000 square feet of mixed-use space. Designed by Hacin + Associates, the glass and brick building will include 44 luxury condominiums offered in a combination of one-, two- and three-bedroom units ranging in size from 600 to 1,750 square feet, and around 4,000 square feet of restaurant/retail space on the ground floor and mezzanine level.
Because the site is located less than a mile from several MBTA stations (for example the MBTA Aquarium and State Street Stations which provide access to both the Orange Line and the Blue Line are located within a quarter-mile of 55 India Street), the project will not include a parking garage of its own; instead, the developer plans to secure rental parking in the nearby garages. However, the conceptual plans include bicycle storage within the building, but the space will be limited to one per residential unit.
If approved by the BRA, the developer could begin construction at 55 India Street in the first quarter of 2015 and deliver the residences in approximately 16 months.
Rendering courtesy of Boston Residential Development via BRATags: 55 India Street, Architecture/Design, Boston Lead Story, Boston residential Development, Commercial, Condo, Co-op, HOA, Developers, Development, Downtown Boston, Finance/Investment, Financiers, Green, Hiacin + Associates, Investors, Local, luxury, luxury condominiums, multi-family, National, Professional, Regional, Residential, restaurant space, retail, Rose Fitzgerald Kennedy Greenway