
for 345 Harrison Avenue, a pair of apartment buildings across the
street from the old Herald
The real estate industry remains alive and well in
Boston with not only the market performing exceptionally well, but
with the added notion that a great deal of housing units are soon
to be built to alleviate the current shortage of available
inventory. While much of the news about developments have centered
around the Boston Waterfront,
Seaport District,
Downtown Crossing,
The Fenway, and other
areas, places like the South End are still
attracting a lot of attention from investors.
With massive initiatives such as the Ink Block
redevelopment of the former Boston Herald site in the South End being just
one of the many improvements slated for this neighborhood, one more
is now seeking approval. Nordblom Co., a Burlington, Massachusetts
based firm, has recently filed plans for a pair of apartment
buildings that are also across from the old Boston Herald site. To
be specifically located and known as 345 Harrison Avenue, the
developers are hoping to build 369 luxury units within a 14-story
building along Harrison Avenue, in addition to 233 extra lovely
residential units within a 13-story tower along Washington
Street.
Currently, a two-story warehouse for Graybar is in the
location of this site. Developers are hoping to demolish this
facility and break ground on the two buildings of the 345 Harrison
Avenue project during the Second Quarter of 2014. Of course, they
need approval first which they anticipate to get a response on in
the not too distant future. As a whole, the two towers will
encompass 569,400 square feet with 33,500 square feet of that being
dedicated to ground floor retail space. The proposal is 279 pages
in length and adamantly backs itself in support of the goals that
the citys strategic plan for the South End has
highlighted. Some of these characteristics include 345 Harrison
Avenue:
-
Introducing a dense urban mix of interactive uses,
including 18-hours of restaurant, retail, and residential uses -
Building a new pedestrian passageway through the
complex -
Revitalizing the underutilized urban area by removing
the unattractive warehouse -
Using land in an efficient manner to connect Chinatown with
Downtown Boston -
Creating wider sidewalks with streetscape enhancements
to make it more attractive for people to walk as opposed to drive
and to minimize parking on-site -
Providing bicycle racks and amenities
There truly is so much to look forward to in the
Greater Boston area. From new apartment and condominium complexes
to soaring office buildings, the opening of new stores and
restaurant spaces, the redevelopment of parks and public areas, and
much more, there clearly is a great deal to be optimistic about
regarding not just the present, but also the long-term future for
our beloved city here in the Bay State.
More Information: Boston Business
Journal
