Boston Condo for Sale
The Boston Planning and Redevelopment Authority greenlit more than 300 new housing units throughout the city with the approval of four projects at its March meeting.
These projects will bring 307 residential units to the area, 230 of which will be designated affordable.
These approvals come on the heels of last week’s announcement by Mayor Martin J. Walsh that Boston is moving forward with plans to create and preserve 841 income-restricted housing units in nine areas throughout the city.
The approved projects include:
140 Clarendon St. in Boston’s Back Bay:
Moving forward with the renovation of 140 Clarendon St. which is the nearly 100-year-old YWCA Boston Building. The project will include converting the 50,000 square feet of vacant and underutilized hotel and office space into affordable housing units, resident community rooms, health and wellness amenities and building management and supportive services offices. This project includes 210 permanently affordable units including 111 permanent supportive units for homeless residents with services from Pine Street Inn, as well as continued commercial space for the YWCA and Lyric Stage.
Phase 5 of the Bartlett Place Development, Roxbury:
The BDPA also approved Phase 5 of the Bartlett Place Redevelopment project at 2656 Washington St. in Roxbury to include the construction of two buildings Northampton Condominium (28 units) and Dover Condominium (37 units), bringing a combined 65 more homeownership units to the area.
1121 Dorchester Ave., Dorchester:
The 1121 Dorchester Ave. project combines two lots to build two separate buildings — a four-story building on Dorchester Avenue with 21 rental units, three of which will be income-restricted and a three-story building on Savin Hill Avenue containing three residential units.
658-660 East Broadway in South Boston:
This mixed-use project with residences and restaurant space at 658-660 East Broadway in South Boston will be a new four-story building with eight residential units and redevelop the existing ground-floor retail and restaurant space.
According to the BDPA, these approved projects represent a $50.7 million investment creating 295 construction jobs
Boston Real Estate and the Bottom Line
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