Waypoint Companies Set to Build 80-Unit Multifamily Building in Allston
- Feb 17, 2014
The Boston Redevelopment Authority (BRA) recently approved a new residential project that will transform a 30,550-square-foot industrial site along the Massachusetts Turnpike in Boston’s Allston-Brighton neighborhood into a residential property with retail and office space for start ups.
According to the Project Notification Form (PNF) that was submitted for review in November 2013, developer The Waypoint Companies plans to demolish the two dilapidated warehouses at 61-83 Braintree Street that have been operated by plumbing supplier Thompson Durkee Co. for over 100 years and then proceed with an environmental clean up to clear the site for construction, which is set to begin in mid-2014 and be completed after one year.
Designed by Neshamkin French Architects of Charlestown, the 93,000-square-foot residential building will seek LEED Certification for incorporating environmentally sensitive and sustainable design elements. The $17 million building will feature 80 rentals (mostly studios targeting young professionals and couples), including 11 affordable units, and an underground garage with 67 parking spaces.
The project’s commercial component consists of 562 square feet of ground floor retail space, three community rooms, a roof deck, two truck deck parking spaces and 1,715 square feet of commercial space that will be used as short term incubator space for start ups. As detailed in the PNF, the developer will invest $30,000 towards improvements to Penniman Park and another $10,000 to conduct a local bicycle route study.
Rendering courtesy of The Waypoint Companies via BRA