million transit-oriented project in Dorchester’s Ashmont
neighborhood.
According to the Boston Business Journal, seven large project
proposals have been approved by the Boston Redevelopment Authority.
Spanned across neighborhoods such as the Fenway, Ashmont in
Dorchester, East Boston, and South Boston these projects are
expected to combine a total development cost of $490 million.
The approved proposals make up 787 residential units spanning a
combined 1.1 million square feet.
Located at the corner of Brookline Ave and Boylston Street in
the Fenway neighborhood, the Point, is a 390,460
square foot, $290 million project. It will create a 30-story
mixed-use tower with 240 rental units, 109 condominiums, 25,000
square feet of retail space, and 17,000 square feet of pedestrian
open space.
Located at 1961- 1981 Dorchester in the Ashmont
neighborhood a $40 million transit-oriented project will
include 87 housing units and span 106,000 square feet.
Located at 9 Channel Center, the $16 million
next phase of Fort Points Channel Center Project will rehabilitate
an existing structure including 66,000 square feet of office space
and 6,700 square feet of retail.
Located at 248 Dorchester Ave in South Boston,
an existing business will be demolished to develop a 33 unit
residential building. This 43,650 square foot, $11.5 million
six-story housing development will include on-site parking for
every unit and 4,400 square feet of retail space.
Lastly, in East Boston, Paris Village, an $11.5
million project will create 23 units of affordable housing.
The seven projects are expected to create 772 construction jobs
during a two-year period with combined construction costs totaling
$185.5 million.
Source: Boston Business
Journal