Thursday, September 24, 2015

UMass Construction Projects to Continue Through 2018

Construction at the University of Massachusetts shows no sign of slowing. Several new buildings are on the horizon, including the $52 million, 87,500 square foot Integrated Design Building, and the $85 million, 104,000 square foot Physical Sciences Building. With the amount of bulldozers and blocked walkways already around UMass, students are wary of further construction projects making it difficult to get around the campus. However, three new buildings are already in the design phase with construction at the Amherst campus expected to continue through 2018.

Another new campus building is planned to begin construction this year – the Integrated Design Building, which will house the department of Landscape Architecture and Regional Planning department as well as the Architecture and Design and Building Construction Technology programs.

On approximately 87,500 square feet, this building will house classrooms and studios, computer labs, lounges, meeting and teleconferencing rooms, materials-testing lab, green-building lab, wood shop, digital fabrication lab and outdoor work area.

The building will also feature a cafe, exhibit space, a library, multifunction spaces, a covered indoor courtyard on the first floor and an outdoor courtyard complete with green roof on the third floor.

The $52 million project is scheduled to begin this summer and is expected to take two years to complete, with a 2017 opening projected.

Already in process is the Physical Sciences Building, located near North Pleasant Street and West Experiment Station. This building will be used for research laboratories for chemistry and physics.

The project is being funded by the state with about $85 million. It is part of a campus master plan that was initiated several years ago in order to fulfill the campus’ mission to upgrade its science facilities and be more competitive with scientific research.

Work includes construction of a new 3-level Physical Sciences Building, housing laboratory and office space.

The building will have a basement, accommodating physics laboratories with high bay capacity sitting on foundations that will telegraph very low levels of vibration.

The 104,000 square foot project will provide labs, lab support, and offices for 20 faculty and approximately 130 students. The interior labs will be designed to provide the greatest possible degree of flexibility.

Construction of the Physical Sciences Building is expected to be complete in January 2018.
 
Click to enlarge

Tuesday, September 15, 2015

$350M Mixed-Use Development Planned for Roxbury

Tremont Crossing is a $350 million mixed use development planned for heart of Boston, consisting of retail, office, residential and arts. The 1.7 million square foot project would bring the most sweeping change to the Roxbury neighborhood in decades. Located on an 8 acre parcel across from Northeastern University and the Longwood Medical Area, the complex will feature a mix of large-format retail stacked vertically, small retail shops and restaurants fronting on Tremont Street, office space for MassDOT, 300 market rate apartments, a 200-room hotel, a museum, a large garage facility and a public plaza complete with outdoor art.
 
For years, development has been promised for Parcel 3, a vast plot of land located on Tremont Street in Roxbury near the Boston Police Department’s headquarters and Northeastern University.

Elma Lewis Partners has held onto the development rights for several years without anything happening.

Finally, due to an improving economy and due to Northeastern’s expansion, which brought a new vitality to the area, the parcel will soon become something more than a fenced-off field of weeds.

Feldco Boston, part of the development team behind Tremont Crossing, has signed a letter of intent with BJ’s Wholesale Group to lease up to 90,000 square feet in the 400,000-square foot retail section of the project. This will make it easier for them to get financing for the other parts of the project.

Tremont Crossing will eventually encompass more than 1.7 million square feet of space and include retail and restaurants, office space, a 200-room hotel, parking garage and a 19-story residential tower. Also proposed is a new home for the museum of the National Center for African-American Artists.

Tremont Crossing will include a mix of retail, office, and residential uses: 

•  404,475 square feet of large format retail, which could also have entertainment and recreational uses on 4 levels
•  33,800 square feet of space for smaller shops and boutiques fronting along Tremont Street
•  300 units of residential including studios, one bedroom and two bedroom rental apartments in a 297,800 square foot tower
•  200-room extended stay hotel encompassing 102,250 square feet
•  38,000 square feet of cultural facilities that will primarily house a new museum for the National Center for Afro-American Artists located at the center of the development
•  713,785 square feet of office space above the cultural facility

•  8-story parking structure with 1,502 spaces
•  A large public plaza, complete with sculptures and outdoor seating space

Designed by the renowned firm of Cambridge Seven Associates, the project will be built in an urban style that will be modern, environmentally-conscious and pedestrian-friendly.

Construction is estimated to last 24 months and will create approximately 670 construction jobs and 1,738 permanent jobs.

Tuesday, September 8, 2015

Boston's Colossal Mass+Main Tower Project

City lawmakers have voted to approve zoning changes that will allow construction of a 195-foot tower overlooking Jill Brown-Rhone Park in Central Square, citing the need for more housing and affordable housing. To ensure passage of the special zoning, developers Normandy Real Estate Partners and Twining Properties offered to make 47 of its 232 units available for rent below market rate. The builders plan to raze the existing single-story Quest Diagnostics laboratory later this year in favor of the 19-story residential tower. Ground breaking is expected in early 2016 with a goal of first occupancy beginning in spring 2018. 

Twining Properties and Normandy Real Estate are preparing to construct Mass+Main, a 19-story residential tower located at the edge of Central Square, near the Red Line stop. The development will also a seven-story, mixed-use building.

Community benefits range from highly sustainable mixed income housing, to new retail with a local emphasis.

The builders plan to  convert  the  former  Quest  Diagnostics  lab  buildings  and  lots  on  the  block  bounded by  Douglass Street,  Massachusetts  Avenue, Columbia  and  Bishop  Allen Drive, into  a  mixed income  residential  community  with vibrant  ground floor  retail and  new  public  passages  connecting  Lafayette  Park  to  Bishop  Allen  Drive.

Constructing the taller building (195 feet) along Massachusetts Avenue will minimize  any  shadows    cast over the  park  on Columbia  Street, and  will  cast  no  shadows  on  Lafayette  Square Park. The  second  building  along  Columbia  Street  would  be just  70  feet  high,  and cast no shadows.

Office  buildings  up  to  80  feet  tall  are  allowed  under  existing  zoning with  a Special  Permit. Kendall  Square  allows  up  to  300  feet  and  North  Point  is  above  220  feet  in  certain locations.

In order to secure a vote in favor of their special zoning request, developers Twining Properties and Normandy Real Estate Partners agreed to make 47 of its 232 units available for rent below market rate. Of that 20 percent, most would be considered affordable; the remaining seven would be considered middle-income.

  • Project sweeteners offered include:Permanent affordability for three additional housing units through Affordable Housing Trust Funds, bringing the total to 50.
  • Giving the city the front part of 65 Bishop Allen Drive for the creation of even more affordable housing when the city identifies a “transferee,” and so long as the developers get to keep the rear portion of the lot for parking and get their special permit. 
  • Promises to set up an advisory committee to give input on which retailers get ground-floor shop space created by the Mass+Main project, and programming for the seasonable public market that would be given a home. 
  • At least 8 percent of units in the proposed tower will be “micro-units” between 350 and 550 square feet, whose tenants won’t get to apply for a residential parking permit for a car.

Twining  Properties  specializes  in  mixed use,  urban, transit oriented  development with  a  strong  emphasis  on housing and  is  well known  in  Cambridge  and  Boston. Twining, working  closely  with  the  East  Cambridge  community developed  two  apartment  buildings,  local restaurants along  the  Broad  Canal  in  Kendall  Square. 

Normandy  Real  Estate Partners  is  a  leading  real estate owner  and  operator,  with  deep  local  ties, and  invests  in  properties and  communities  for  the  long term.  They are committed partners with the neighborhoods they work in.

The partners  hope  to  break  ground  in  summer  2016  with  first  occupancy beginning  in  spring  2018. Their goal is to reach full occupancy by early 2019.
  

Friday, September 4, 2015

Developer Plans Huge Affordable Housing Complex

A Boston developer plans to build a block-long $225 million residential building directly above the Interstate 93 tunnel, a site between TD Garden and the North End that was left over from the Big Dig. Related-Beal is proposing to construct the 14-story tower with 239 apartments, each priced at rents well below the going market rates. The project would also include 10,000 square feet of retail space on the ground floor and a 220-room Courtyard by Marriott hotel.

Construction in booming Boston has fallen into a familiar pattern: large mixed-use buildings stuffed with expensive apartments, with developers kicking in only a handful of units as affordable housing. Advocates and officials worry that if the trend continues, Boston will become a city of the very wealthy and the publicly subsidized poor.

Developer Related-Beal recently unveiled a dramatic proposal that bucks the trend: a 14-story, block-long $225 million building on a prime downtown parcel near TD Garden with 239 apartments, each priced at rents well below the going market rates.

A little more than half of the units would be so-called workforce housing for middle-income tenants, with the rest aimed at low-income residents.

“This is a new model we hope will be replicated in Boston and other cities around the country,” said Peter Spellios, the company’s executive vice president. “We had an opportunity to do something unique and creative to address the extreme lack of affordable and workforce housing downtown.”

The average cost of the apartments would be $2.50 per square foot each month, the company said, compared to a market rate of around $4.50. Unusual for downtown, the project would include three-bedroom apartments to accommodate larger families.

To qualify for the 132 workforce apartments, residents would have to earn between 120 and 165 percent of the median income, which for a two-person household in Boston is $78,800, according to the Boston Redevelopment Authority. The remaining units would be reserved for residents earning between 30 percent and 120 percent of the median income.

The location, a vacant lot directly above the underground Interstate 93, between TD Garden and the North End, is a leftover from the Big Dig.

The project would also include 10,000 square feet of retail space on the ground floor and a 220-room hotel, most likely a Courtyard by Marriott.

The surrounding Bulfinch Triangle neighborhood is as hot as any in Boston; just glance across Causeway Street to where the company is building Lovejoy Wharf, a $230 million complex featuring a new headquarters for Converse and 100 luxury condos.

Related-Beal is able to make the numbers work at lower rents because of the unusual nature of the property. The company owns a sliver of the site, while the bulk is controlled by the state Department of Transportation, which can lease it out for less than what a private owner might charge.

Secondly, the companyl has loaded a significant portion of the cost, including the lease, onto the hotel portion of the development.

And finally, the company shrewdly tailored its proposal to qualify for a laundry list of federal, state, and local tax credits.

The developer is even planning to use the $6.75 million it promised to put toward affordable housing during approval of its Lovejoy Wharf project in this new development.