The company says the residential tower will fill the city's "critical need" for housing and is the next phase in the continuation of Delaware North's master plan for the New Boston Garden Development Area, which began with the opening of the FleetCenter.
The proposed 415-ft building will include approximately 368 units--including both apartments and condominiums--of which 10% will be affordable. There will be a mix of studio, one- and two-bedroom units, and approximately 244 parking spaces. Residents will be able to access the commuter rail and MBTA Orange and Green Lines through a covered walk way to the FleetCenter. The project is expected to be completed in 2007.
"With the conclusion of the Big Dig and the Green Line elevated structure coming down, this part of the city is about to undergo a renaissance that will culminate in it becoming the Northern Gateway to Boston," says Charles M. Jacobs, executive vice president of the FleetCenter and Boston Bruins. "By moving forward with the residential development now, we will help ease the demand for housing in Boston and also create an exciting new address for those who desire city living and all that it offers: proximity to transportation, work, culture, and entertainment."
Chris Maher, vice president of development for the Boston Garden Development Corp., says that his firm has been working with a number of local groups in the development of the North Area Planning Initiative. "This residential building is in keeping with those planning efforts, and, by virtue of its location near the Commuter Rail and MBTA lines, with the principles of smart growth," he says.
Delaware North Cos. is a global hospitality and food service providers. Its subsidiaries include the FleetCenter, Delaware North Companies Parks & Resorts, CA One Services, Sportservice, the Delta Queen Steamboat Company, Sportsystems, and Delaware North Companies International. The firm is one of the largest privately held companies in the country with $1.6 billion in annual revenue and 30,000 employees.
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