Friday, January 24, 2020

Hotel, Condos and 655 Apartments Planned in Allston

The new owner of the longtime home of The Skating Club of Boston has plans for a large residential project at the site. 

Boston-based real estate firm The Davis Cos. intends to build a 655-unit apartment and condominium complex and a 255-room hotel at the site of The Skating Club of Boston and the Studio Allston Hotel, adding another large-scale project in the area surrounding the Harvard Business School campus and Boston Landing. 

The Davis Cos. plans the project at 1240 Soldiers Field Road and 1234 Soldiers Field Road, which it acquired from the Skating Club of Boston for a combined $40.45 million in 2017 and 2018. 

The firm intends to demolish both the club and the Studio Allston hotel to make way for its new residential and hotel project.

The Skating Club is building a facility in Norwood, which is scheduled to be complete this summer. It sold the Soldiers Field Road property to The Davis Cos. to finance the new facility.

The Davis Cos. plans to build a 535-unit apartment complex with 10,500 square feet of ground-floor commercial space and parking for 220 vehicles at 1240 Soldiers Field Road. 

On the adjacent parcel, it’s planning 120 condominiums, a 255-room hotel, a 110-space underground parking garage and 4,000 square feet of commercial space. The parking garage will have the ability to accommodate up to 185 vehicles utilizing an automated stacker system if needed.

The company is also pitching 72,000 square feet of public open space between the two parcels. 

“The Project will require dimensional and use zoning relief,” said Fallon. “We appreciate the BPDA’s assistance thus far in providing feedback in the early planning stages of the Project.”