Projects Worth $258.5M Approved by the Boston Redevelopment Authority
- Mar 21, 2016
Boston—During its recent March meeting, the Boston Redevelopment Authority’s (BRA) board of directors greenlighted seven projects representing a combined investment of $258.5 million. Six of the seven proposed developments include residential units. The projects are expected to bring 586 residential units and will generate more than 530 new construction jobs.
Here are the seven projects:
– Goddard House in Jamaica Plain will be renovated and expanded, and the project cost will total $62 million. Eden Properties LLC and Samuels & Associates are also looking to construct an additional residential building, bringing the 201 South Huntington Ave. project to a total of 167 units, 22 of which will be designated affordable. 110 units will be located in the renovated Goddard House, with the remaining 57 in the new building.
– NB Development’s 125 Guest Street project in Allston-Brighton, with a total cost of $135 million, will bring a 311,000-square-foot building comprising 295 rental units (38 affordable), 155 parking spots, and 300 spaces for bicycles. The ground floor of the Guest Street development will provide 16,000 square feet of retail and amenities including a fitness room, conference room, mail room, and loading dock. The property will sit close to the Massachusetts Turnpike, across the street from New Balance’s recently inaugurated 250,000-square-foot global headquarters.
– Garrison Trotter Phase II is a $6 million project bringing 18 residential units to Roxbury, 12 of which will be affordable. The project aims to occupy four lots that are currently empty. Windale Developers received tentative approval. According to BRA, the $250k to $400k price tags are aimed at attracting moderate, middle, and market rate buyers.
– The 232 Old Colony Avenue project aims to redevelop a 9,383-square-foot site in South Boston into a five-story property featuring 24 condominium units (3 affordable), a 2,855-square-foot restaurant, and 29 parking spots. The total costs are projected to reach $10 million.
– The Harvard Life Lab has been greenlighted as part of the Second Amendment to the IMP for Harvard University’s Allston campus. The temporary two-story building will offer lab spaces for up to 50 people. The 13,750-square-foot project has a total cost of $17 million.
– 35 S. Huntington in Mission Hill is a $12 million, 45,500-square-foot residential project bringing a five-six-story mixed-use building comprised of 38 residential units (5 affordable), 7,080 square feet of retail/restaurant, and a 26-spot underground parking garage.
– The 150 Camden Street amended and restated project proposed a 5-story, 44-unit residential property within the existing Douglass Park project in the South End. The total cost of the project is $16.5 million and the property will include eight units designated as affordable.
The complete board agenda, as well as the archived video stream of the March 17, 2016 meeting, can be found on the BRA official board page.
Renderings courtesy of the Boston Redevelopment Authority