Boston’s Hood Business Park Gets Residential Component
- Oct 19, 2017
Hood Park celebrated the groundbreaking of a 177-unit project in Boston’s Charlestown neighborhood. This development is the first residential project at Hood Business Park, a 20-acre development permitted to include more than 1.1 million square feet, located at the former H.P. Hood Plant. The Boston Planning and Development Agency approved the Hood Business Park residential component last year.
“Expanding upon the success of the commercial redevelopment of Hood Park, we are excited to bring a residential component to the project,” said Chris Kaneb, manager of Hood Park, in prepared remarks. “It will undoubtedly bring a 24/7 vibrancy to the park, achieving our organization’s long-range vision for a complete, mixed-use transformation.”
Located at 480 Rutherford Ave., the project will add a state-of-the-art building, consisting of a mix of studio, one- and two-bedroom units, featuring 23 affordable apartments and 10,500 square feet of additional retail amenities. It aims to achieve LEED Platinum certification. Additionally, plans include the improvement of the streetscape along Rutherford Avenue and within Hood Business Park.
Common area amenities include:
- garage parking
- bike storage
- resident lounge
- community kitchen
- fitness and yoga studio
- dog amenities
- outdoor courtyard
- 24/7 security
The project is expected to create approximately 250 construction jobs and 40 permanent jobs in next two years, contributing to Boston’s citywide goal of adding 53,000 new housing units by 2030.
“480 Rutherford Ave. builds upon the progress we have made creating a range of housing options to meet the needs of our growing population,” said Mayor Martin Walsh. “This project adds to the redevelopment of Hood Park, creates jobs and improves the public realm for our residents.”
Image courtesy of Hood Park