Friday, October 25, 2019

2-Building Project will Bring 250 Apartments to Hyde Park

A large two-building development is set to rise near the Readville commuter station, bringing with it 250 new apartments.

Boston-based Noannet Group is developing the project at 36-40 Sprague Street in Boston’s Hyde Park section.

The original plan called for a much bigger development - a four-building campus with 521 housing units, including condos, and features such as co-working space and a big steel-frame sign reading “Readville” to trumpet that area of Hyde Park.

Local opposition resisted the original proposal and led to curtailments that eventually resulted in the two-building, 250-unit project that the Boston Planning and Development Agency approved in mid-September. 

Current plans call for just two, five story residential buildings with 14,000 square feet of ground floor retail space, and 3,000 square feet for community space.

The residential component will consist of 110 one-bedroom apartments, 88 two-bedroom units, 44 studios, and eight three-bedroom apartments. Thirty-two units will be set aside for lower income tenants.

Amenities will include a fitness center, a courtyard, and a daycare facility, as well as parking for 251 vehicles.

The developer is providing new traffic signals to the area as part of the project. It was traffic that fueled opposition to the original proposal, with residents concerned about more cars on the Readville roads. 

Hyde Park is one of the few affordable neighborhoods left in the Boston area, with average rents around $1,750 for one-bedroom apartment.

Friday, October 18, 2019

New Apt Complex Next to South Bay Shopping Center

The neighborhood around South Bay is changing fast. And next up could be a large apartment building at 173 Boston Street in Dorchester that would include about 400 units.

Developer Bass Realty has filed plans with the Boston Planning & Development Agency, for a five-story apartment building on the site of a Verizon service center and a neighboring warehouse at 15 Enterprise Street. 

Bass Realty has owned the buildings since the mid-1990s as industrial property. 

The four acre project would include about 400 units in three wings, along with nearly two acres of publicly accessible open space, as well as a one-way street that would cut through, connecting Boston Street and South Bay. 

The project will also include 18,000 square feet of commercial space, a 260-space underground parking garage, and 25 on-street parking spaces. 

The development site is next door to the recently opened expansion of the huge South Bay shopping center, which added 475 apartments, a movie theater, and a more pedestrian-oriented street grid, to its big-box stores and enormous parking lot. 

This new project will knit that expansion more neatly into the neighborhood to the south and east.

The owners of South Bay envision eventually redeveloping the entire 50-acre shopping complex to feel more like a traditional mixed-use neighborhood, though plans for that are still in early stages.

Friday, October 11, 2019

3-Building Project in North Quincy to Create 610 Apartments

The Abby, a three-building apartment complex set on a 7.2-acre parking lot adjacent to the Red Line stop, will bring 610 apartments to North Quincy.

The project being developed by Maryland-based Bozzuto Development Company will include 45,000 square feet of retail space, including a Target, as well as a parking garage with 1,314 spaces. 

All of the buildings in the project—named for first lady Abigail Adams, will be connected.

Quincy is seeing a wave of development near its Red Line stops to its proximity to Boston. The Abby is under 25 minutes from Cambridge’s Kendall Square on the Red Line and 15 minutes from Boston’s South Station. The site is also about a mile from I-93.

The complex, designed by Icon Architects, is scheduled to wrap in phases. The first phase includes the garage, which is slated to be ready in summer 2020; Building A, which is scheduled for completion in spring 2021, with 218 apartments and the 40,000-square-foot Target store.

Building B is scheduled to wrap in summer 2021, with 137 apartments and 2,500 square feet of retail space, as well as 219 surface parking spaces.

The second phase will include a 255-unit Building C, which will also have 2,500 square feet of retail space and 130 parking spots for residents. 

Amenities at the Abby will include a fitness center, a solarium, a lounge, a dog spa, a bike-repair area, two landscaped courtyards, and electric-vehicle charging stations.

The development team is also donating $4.8 million to Quincy’s affordable housing trust as well as to public space improvements at North Quincy High School and nearby streets and sidewalks.

Friday, October 4, 2019

$400M+ Raffles Hotel & Condos to Rise in Back Bay

A huge 33-story, $400 million+ Raffles Hotel and Residences will soon begin to rise at 40 Trinity Place in Back Bay. 

The Saunders Hotel Group and the Noannet Group landed a $314 million construction loan in July.

The 154-room Raffles Hotel and 146 Raffles Condominiums will replace the current Boston Common Hotel & Conference Center, an eight-story, 85,000-square-foot building featuring 64 hotel rooms and a 13,650-square-foot conference facility.

The new tower is planned to rise 33 stories, and will also include restaurant and retail space as well as expansion space for the adjacent University Club. 

Amenities will include a two-story sky lobby perched high above Copley Square, six food and beverage venues, a state-of-the-art Raffles Spa with a 20-meter indoor pool and fitness club, conference rooms, a grand ballroom, and a rooftop garden terrace and lounge.

The project will provide over $22 million in public benefits in total, including street and public realm improvements, seven on-site affordable housing units and a contribution of over $13 million that will support additional affordable housing in Boston.

The hotel will be the first mixed-use property in North America for the world-renowned and iconic hospitality brand, and is expected to thematically reflect Boston—as other Raffles hotels in places such as Paris, Singapore, and the Seychelles reflect their locales.

The tower—officially named Raffles Boston Back Bay Hotel & Residences— will be built to LEED Gold sustainability specifications and is scheduled to open in 2022.