Five Developers Submit Competing Bids on Two Lots

BOSTON-Five developers presented their proposals to develop two, small vacant lots here in the South end of the city. While the lots are relatively small–approximately 1,075 sf–they have attracted a lot of interest due to their location on the edge of an area currently undergoing a revitalization.

In the request for proposals from the Boston Redevelopment Authority, the city agency stipulated that the proposals must include at least three units of affordable housing, underlying this area’s desperate need for additional housing for middle and lower income households. Acquisition fees will also be collected from developers and will go toward the city’s affordable housing fund.