Monday, December 30, 2019

#4 STORY OF 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.

No comments:

Post a Comment