Related Beal Moves Forward With South End Mixed-Use Plan
BOSTON—The BRA staff has been very busy this month as a host of large and smaller development projects have been filed with the agency.
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John Jordan |
johnjordan |
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Updated on April 01, 2016
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BOSTON—Yet another developer is moving forward with a major development project here. Related Bea l filed a Project Notification Form for a mixed-use development at an industrial site in the South End on Thursday with the Boston Redevelopment Authority . In a Dec. 31, 2015 Letter of Intent filed with the BRA, then Related Beal COO Kimberly Sherman Stamler informed the authority of it plans to develop 370 Harrison Ave., the former Ho Kong Bean Sprout Co. property, and the former Quinzani’s Bakery at 380 Harrison Ave. Both industrial properties have been acquired by Related Beal affiliates and are currently vacant. Earlier this month, Related Beal, the Boston-based affiliate of the Related Cos., named Stamler president of the firm. The two industrial buildings on Harrison Avenue will be demolished and in its place will be built an approximately 14-story mixed-use building with ground floor commercial uses and residential above, as well as three levels of below-grade parking. In addition to the new 356,500-square-foot building, the project will include new open spaces and an improved pedestrian experience around the site, the BRA reports. Project specifics include the development of a mix of 280 rental and ownership apartment units, according to the Project Notification Form filing. The plan calls for 175 rental units and 105 ownership units as well as up to 6,000 square feet of ground floor retail space. The company refused to divulge the projected cost of the mixed-use development. Related Beal states in its Project Notification Form that the development will create approximately 400 construction jobs and 40 permanent jobs upon stabilization. The developer hopes to begin construction in the second quarter of 2017 and complete the venture in the second quarter of 2018. “Related Beal acquired these parcels in the fall and our proposal currently contemplates a residential, mixed-use development in line with the Harrison Albany Strategic Plan and inclusive of ground floor retail / commercial uses providing for an enhanced, pedestrian-friendly public realm,” the company states in a prepared statement released to Globest.com. “We look forward to working in this dynamic neighborhood and continuing to support the city’s goals for revitalizing a key block of the South End neighborhood. In early February, Related Beal broke ground on its mixed-use affordable housing project at Parcel 1B in the Bullfinch Triangle section of the city. The $230-million project includes a 14-story mixed-use building that will feature 239 affordable and workforce housing units. In addition a 220-room Courtyard Marriott hotel will be built at the project site. The residential building will total approximately 484,000-square-feet and will also include 10,000 square feet of street level retail and a 220-above grade parking garage. The BRA staff has been very busy this month as a host of large and smaller development projects have been filed with the agency. In a little over a week, Leggat McCall Properties and Multi-Employer Property Trust filed an Expanded Project Notification Form with the Boston Redevelopment Authority on its more than $300-million mixed-use project in the South End, Boston Properties filed a Project Notification Form with for its massive redevelopment of the Back Bay/South End Gateway project and most recently Cronin Holdings, LLC submitted its Project Notification Form with the BRA for its150 Seaport Blvd. mixed-use development.
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