And while the Seaport District still features its fair share of industrial buildings and surface parking, a 23-acre development situated right next to downtown Boston is sprouting new towers: around eight blocks have complete buildings, with one block under construction and nine blocks awaiting development.
Creating and maintaining a diversified housing stock that is accessible, affordable, and energy-efficient are important priorities for the City of Boston. The BPDA implements the City’s Inclusionary Development Policy (IDP) to preserve access to affordable housing opportunities in all of Boston’s neighborhoods.
In light of diminishing state and federal resources for affordable housing, it’s understandable that Boston wants to increase its own requirements for affordable housing development. that conform.
Berkshire Group shares details on the residences at The benjamin and VIA, two mixed-use towers in the heart of the Seaport District.Situated on three acres of land and spanning 1.5 million square feet, the $600 million development is the largest mixed-use project in the City of Boston in over 30 years.
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The 1,022 new units of affordable housing permitted in 2015 is the largest number of new units permitted in a single year in 20 years of record-keeping. New affordable housing development opened in downtown Boston.
Greeley said the hope is that 2019 will "unlock new development opportunities for the site," revitalizing the property that was once the home to Hood dairy company into a space for 21st century offices and research and development to "fit the ever evolving knowledge economy of Boston." "New roads, new parks, new public realm.
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· Photo Credit: StreetEasy A new housing lottery has opened at 145 Madison Ave. in NoMad, offering 18 units to a wide range of earners. The building, also known as the Mason, will offer 70 luxury rental apartments, 18 of which have been designated as affordable housing.
EZ Bonds Fund Major Development Projects in Boston Boston, Massachusetts, EZ. What do a Best Western Hotel, a Hampton Inn and Suites, a large seafood distributor, a third-generation produce wholesaler, and a new 15,000-square-foot urban retail complex have in common?All have used bonds to strengthen enterprise and bring jobs to the city of Boston.
-Stantec Architecture Boston via BPDA. In its pitch for the property’s redevelopment rights last year, the development consortium presented a $174 million plan for a 369,000-square-foot, mixed-use property with 171 low-income and affordable units, 140 hotel rooms, and 264 parking spaces.
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