Boston Planning and Development Agency Approves 717 New Residential Units

BOSTON–The Boston Planning & Development Agency (BPDA) Board of Directors approved development projects in neighborhoods across the City of Boston which will result in hundreds of market-rate and income-restricted residential units, economic development, and jobs. Overall, the new projects will create 717 residential units, including 118 income-restricted, 774 construction jobs, 41 direct jobs, and 413 indirect and induced jobs.

In addition to the new projects, the Hood Park Master Plan Notice of Public Change was approved, which will add approximately 566,000 square feet, for a total of 1,735,800 square feet of gross floor area spread among numerous existing and future buildings at the Charlestown campus.

The project will create 2.88 acres of public open space. Each building within the Master Plan will be required to receive BPDA Board approval before moving forward. At the March meeting, the building at 10 Stack Street was approved, which will bring 350,000 square feet of office and lab street. This follows recent approvals of projects under the Master Plan at 100 Hood Park Drive and 480 Rutherford Avenue. The updated project will contribute $150,000 for a BPDA-led planning effort along the Rutherford Avenue Corridor, which is expected to launch in 2020.
New Development Projects
400 West Broadway to ..

Article From: "Boston Real Estate Times"   Read full article

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