Tuesday, May 27, 2014

BRA Approves Three New South Boston Waterfront Projects

The Boston Redevelopment Authority Board approved:

Parcel K Creates Microunits, Office Incubator Space, Retail, and Hotel Uses in South Boston Waterfront

Total Project Cost: $230 million20131216-Parcel_K_FOR-WEB-(2).jpg
Total SF: 480,243
Construction Jobs: 695
LEED: Silver

Last night the BRA approved the development of Parcel K in the South Boston Waterfront. The project site, located in the heart of Boston’s Innovation District, will redevelop surface parking lots into a 480,243 square foot, $230 million mixed-use development.

The completed project will house 304 housing units, including microunits and 40 affordable units; an approximately 247 room hotel; 11,592 square feet of incubator office space, and 17,748 square feet dedicated to a mix of restaurant and retail spaces. A three-floor, below-grade garage will supply 640 parking spaces. Public benefits include flex office space in line with Boston’s Innovation District initiative, new open spaces, and an improved pedestrian environment. Additionally, the developer has committed $200,000 for community-directed purposes, to be disbursed by the BRA.
The project developer is Conroy Development, and the project architect is Arrowstreet.

South Boston Mixed-Use Development Creates Housing Near Andrew Square

Total Project Cost: $8.5 million
Total SF: 49,900
Construction Jobs: 26

The BRA Board approved the development of 488 Dorchester Avenue near Andrew Square in South Boston. The project will redevelop a surface parking lot and two single-story warehouse buildings into a four-story, mixed-use building.

The completed project will include 33 residential condominium units, four of which will be affordable; 2,091 square feet of ground floor commercial/retail space; 33 garage parking spaces; and bicycle parking. Residents will have close access to the Andrew MBTA Red Line station and several MBTA bus routes.
R&B Investments, LLC is the project developer. Construction is estimated to begin in the third quarter of 2014.

Second Amendment to Pier 4 Project Creates Office Space in South Boston Waterfront Development Project

Total Project Cost: $150 million
Total SF: 378,755
Construction Jobs: 453
LEED: Certifiable

The BRA Board approved a Second Amendment to Planned Development Area (PDA) No. 64, located at Pier 4 in the South Boston Waterfront. The Second Amendment changes the use of a planned hotel and residential building to office.

The BRA Board approved the original PDA in 2005, and approved the First Amendment in 2012. The amended building represents 378,755 square feet of new development. Public benefits in the completed PDA will include a waterfront park, a waterfront plaza, a new segment of the Harborwalk, a 20,000 foot civic space, and cash contributions to support water transportation options.

The Pier 4 development team includes New England Development, LLC with Elkus Manfredi as the project architect.

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