BOSTON-The Postal Service has revealed plans for the 21-acre site it owns in South Boston near A Street. The plan is part of a master plan for the Fort Point Channel area, which the city asked the major developers in the area to create.

“We asked the major property owners with vacant land in the area to come together and work as a team,” Linda Haar, the city’s director of planning and development, tells GlobeSt.com. “This is somewhat unprecedented for property owners but we knew it was the only way it could work.” James Travers, of CB Richard Ellis/Whittier Partners, which is advising the Postal Service, tells GlobeSt.com that the property owners in this district “realized that the whole is greater than the sum of its parts. The master plan will allow for the orderly development of the land.” For the city, notes Haar, the important piece of the plan was that the area should function as a neighborhood.

As part of the plan for the Postal Service’s property, 7.7 acres will remain open space and will connect to Beacon’s Midway Development’s open space and to Gillette’s open space. Another important aspect is the connection to Hull Road where much of the industry’s truck traffic occurs. “We don’t want to hinder industry,” notes Haar. The plan also includes a residential component that would be 40% of the space, or 1.5 million sf, according to Travers, with the remaining 2.2 million a mix of retail, office and cultural space.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.