Real Estate News: Boston Developer Plans to Bring New Life to Dorchester

XSTU0758.JPGA new mixed- use
residential and retail project is set to go up just half a mile
from the Savin Hill MBTA station at the intersections of Pleasant
Street and Greenmount Street in Dorchesters Savin Hill.

According to the Boston Redevelopment Authority, a site that has
been vacant for over a decade will be the home of a brand new
development. When completed the projectis said to consist of 260
residential units, 40,000 square feet of retail space, and a
400-space parking garage off Dorchester Avenue.

In general terms, I think people are very excited about the
project excited about something happening there and adding some
vitality. That area at night tends to be a little quieter, so I
think with people living there and businesses, it will be a great
addition. said Eileen Fenton, chairwoman of the Columbia Savin Hill
Civic Associations Planning Committee.

Atlas, a Boston developer, has a phased development plan for
this new Savin Hill Community. According to the Boston Herald, the
first phase, on the northern portion of the site, would include 64
two-bedroom condos in eight four-story buildings along Pleasant and
Greenmount streets, and 50 condos or rental units in a five-story
building.

The second phase of the development, on the southern portion,
would include two, six-story mixed-use buildings with 145
residential units along Hancock and Dorchester Avenue, with a
20,000-square-foot landscaped roof deck for tenants. Other planned
amenities include a pool, a fitness facility, and a four-level
garage.

Atlas has been getting word out early to the community working
with a Savin Hill resident and real estate consultant to handle the
projects community and government relations. Being sure to take all
feedback into consideration with their planning, Atlas is closely
working with the community and abutters to be sure this mixed-use
development will benefit all Dorchester residents.

Source: Boston Herald

Leave a Reply

Discover more from Gibson Sotheby's International Realty

Subscribe now to keep reading and get access to the full archive.

Continue reading