Wednesday, May 27, 2015

New 14-Story Residential Tower at Lovejoy Wharf

Now that construction at Converse’s new world headquarters at 160 North Washington is essentially complete, ground has broken on the hefty residential building going up next door at Lovejoy Wharf in Boston's North End. Foundation work for the 155-foot tall 131 Beverly Street building, which will be separated by an alleyway and used separately from Converse, is now underway. Both the buildings will tower over the public waterfront pavilion that also connects the Harborwalk, a public path spanning nearly 47 miles of Boston's coastline, between the North End and Charlestown.

Spearheaded by Related-Beal, construction of 131 Beverly will yield 175 condominiums totaling 220,000-square feet of residential living. The first two floors will be occupied by retail, restaurant, facility and public-use space.

The residential building is part of an overall redevelopment of Lovejoy Wharf Related-Beal has undertaken that will transform a long under-utilized 2.1-acre waterfront site into the new world headquarters for Converse, residential and retail uses and a public open space on Boston Inner Harbor.

The new tower will be located adjacent to the 10-story new home of Converse Inc.'s world headquarters at 160 North Washington St. Retail will also line Lovejoy Wharf.

Designed by Robert A.M. Stern Architects, the visionary firm behind The Clarendon and One Back Bay, the new 155 foot tall 131 Beverly Street reflects the growing market demand for residential ownership opportunities in the city's newest neighborhood.

One of the most unusual aspects of the project was the elimination of a 315-spot parking garage. The logic? There's so much public transit nearby, why take up valuable real estate with a giant parking garage.

This move proved beneficial as it freed up more waterfront space that allowed for the implementation of public seating, plant life and a two-story pavilion structure that's situated directly next to a staircase which carries pedestrians down from the North Washington Street Bridge and connects to the Harborwalk.

The roof of the pavilion structure will be an open terrace for anyone to enjoy unique views of the North Washington Street Bridge, the Zakim Bridge and the Charles River if they're so inclined.

131 Beverly is expected to fully complete in the fall of 2016, barring any setbacks.

Thursday, May 14, 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.

Thursday, May 7, 2015

City Council Approves 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.
  

Monday, April 27, 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.

Friday, April 17, 2015

$1B+ Government Center Redevelopment: 6 Buildings

Developers plan to construct a huge 528-foot glass skyscraper at the corner of Congress and New Sudbury streets. The curvy 47-story tower would be the centerpiece of a Government Center redevelopment project, where builders are preparing to construct a cluster of high-rises to replace portions of the Government Center Garage.

The project, estimated to cost well over $1 billion, will include construction of three high-rises and three smaller buildings containing more than 2.3 million square feet of commercial and residential space.

The project will begin with a 42-story residential tower with 450 rental and condominium units, followed by removal of the part of the garage that hangs over Congress Street and the construction of the 47-story office building. The developer wants to begin construction later this year.

The new office tower, designed by architect Cesar Pelli, would be an unusually dramatic building for Boston, a city that has shied away from the kind of eye-popping architecture that defines the skylines of other major cities.

In all, the project would result in six buildings containing 2.3 million square feet of commercial and residential space.

Three high-rises would be built on the western portion of the site, and three smaller buildings would be built along the Rose Fitzgerald Kennedy Greenway.

 A retail plaza would create a new connection between the Greenway and Canal Street.

While the portion of the garage above the street would be demolished, the core of the building at Congress and New Sudbury would remain, preserving 1,100 parking spaces. That part of the garage would be hidden behind the new high-rises.

The development has received approval from the Boston Redevelopment Authority, but plans for each building must also be approved by the agency’s design commission. BRA director Brian Golden has offered strong support for the project.

“The redevelopment of the Government Center Garage site will reshape the downtown skyline in a way that few projects can,” he said. “We welcome a creative approach to its design and look forward to working with the architecture team to review their proposal more carefully.”

Developer Tom O’Brien, a principal of HYM Investment Group, said the project’s architecture is meant to call attention to the vast change it would bring to the city’s downtown.

He noted that it would remove one of the area’s worst eyesores, a relic of the Urban Renewal Era, and reconnect the Bulfinch Triangle to the North End and Beacon Hill.

Pelli Clarke Pelli Architects of New Haven is collaborating on the design with CBT Architects of Boston.

The project's primary investor is the National Electrical Benefit Fund.

Boston is experiencing a burst of real estate development, transforming much of its downtown and outlying neighborhoods. A retail and condominium tower is under construction at the former Filene’s site in Downtown Crossing. Additional towers are being proposed at Winthrop Square in the Financial District and at the site of the Harbor Garage on Atlantic Avenue.

In the Bulfinch Triangle, Related Beal is building a new headquarters for Converse Inc., and Boston Properties plans to construct a series of towers in front of the TD Garden.

Thursday, April 9, 2015

In Memoriam: Passing of a Lighting Industry Legend

Joel Spira, founder of Lutron and a widely respected lighting industry icon, passed away April 8. The consummate entrepreneur, Mr. Spira was one of the lighting industry's true legends, inventing the world's first solid-state dimmer in his New York City apartment in 1959. He is credited with more than 300 design and utility patents in the U.S. and 2,700 patents across the globe. Spira had been at work the previous day developing a new product with Lutron colleagues. He was 88 years old.

“His work in lighting controls established a new industry sector. In turn, that industry became the means to significant energy savings,” said NEMA President Kevin J. Cosgriff.

Joel was born in New York City on March 1, 1927 to Elias and Edna Spira. After proudly serving in the U.S. Navy from 1944 to 1946, he attended Purdue University and earned a Bachelor of Science degree in Physics in 1948.

At first, Spira worked for a defense contractor on projects that ultimately led him to think about lighting control – ideas that led to the commercialization of the dimmer for household use.

Spira and his wife Ruth invented the world's first solid-state dimmer from their New York City apartment in 1959. Since then, Spira expanded the company’s offerings to include the first dimming ballast, the first reliable wireless lighting control system, and other innovations that have been widely adopted as lighting control standards and integral aspects of energy efficiency and high-performance buildings.

Today, Lutron makes some 14,000 products that can be found in over a hundred countries in residences, palaces, universities, hotels, museums, and offices, including the Empire State Building.

Joel and Ruth moved the company to Coopersburg, in the Lehigh Valley region of eastern Pennsylvania. Even as Lutron grew into a global company, with sales in more than 100 countries, he continued to run the business with a personal touch.

In 2010, Joel’s accomplishments, inventions, and prominent role in helping develop an entirely new industry dedicated to lighting control were honored when items from Lutron’s 50-year history, including Joel’s first engineering notebook, product prototypes and early advertising materials, were donated to the Electricity Collection of the Smithsonian National Museum of Natural History, as part of the collection that also includes Thomas Edison and Alexander Graham Bell.

He will be remembered as an entrepreneur and took great pride in everything he did, from working on the early stages of an engineering project, to creating and growing a global business.

Joel Spira is credited with more than 300 design and utility patents in the U.S. and 2,700 patents across the globe."

Joel will be remembered as a wonderful, loving husband, father and grandfather. He is survived by his beloved wife Ruth Rodale Spira, to whom he was married for 60 years; his sister Miriam Spira Poser; daughters Susan Spira Hakkarainen, Lily Spira Housler, and Juno Spira; and grandsons Ari Hakkarainen, Max Hakkarainen and Bailey Malanczuk.

Services will be private.  The family has requested memorial donations in lieu of flowers:
The Joel S. Spira Illuminating Engineering Society (IES) Education Fund
P.O. Box 850, 
Coopersburg, PA 18036

Friday, April 3, 2015

Copley Place Tower to Rise 52-Stories Over Neiman Marcus

Simon Property Group is preparing for construction of a 52-story tower at 5 Copley Place that would be one of the largest residential buildings in Boston. The project will create 542 residences, a 40,000 SF addition to the Neiman Marcus store, a glass-enclosed garden and 75,000 square feet of new retail and restaurant space at the corner of Dartmouth and Stuart streets.  The $500 million private investment will put 1,700 construction workers back on the job. 

Approximately 680,000 square feet of new residential space will be above the existing building, situated across from the Massachusetts Bay Transportation Authority’s Back Bay Station.

The building’s 433 rental apartments and 109 condos will be housed in a slender 52-story tower designed by Elkus Manfredi Architects, and include 71 affordable housing units.

The plans call for a lap pool on the 6th floor, a 7th floor sky lobby and deck, garage parking spaces and secure bike storage.

At 569 feet, the skyscraper will be the second tallest residential building in Boston, behind the soon-to-be constructed, Four Seasons Tower.

The project will include a large 40,000 square-foot addition to the to the Neiman Marcus store, followed by a complete renovation of the existing 115,000-square-foot store - which will not close during construction.

It will also include additional space for smaller-scale retail shops and restaurants, with a “public winter garden” at the Stuart Street plaza. The developer has also committed up to $1 million towards new public art and $250,000 to Southwest Corridor Park.

The project will build on the strengths of the existing Copley Place complex at Stuart and Dartmouth Streets and infuse an already successful retail destination with an inspired and dynamic mixed-use development.

“The expansion of Neiman Marcus and Copley Place strengthens our retail destination in the Back Bay and contributes to the City’s economic vitality,” according to a press release. “The project will enhance the urban fabric of the neighborhood and be a striking addition to the city’s skyline.”

The project attracted controversy when state representatives accused the Governor of violating a 1997 agreement by signing a revised lease with the developer before city and state regulators could review its impacts on area residents.

Some neighbors have raised concerns, for example, that the project will add to the high winds and shadows thrown off by other skyscrapers in the area.

However, the developer has stressed that the tower would not significantly increase wind in the area, and would only cast minimal new shadows on surrounding open spaces.

It also said it has rotated the tower from its initial orientation on the site and made several other design changes “to minimize environmental impacts, provide improvements to the public realm, and greatly enhance the overall pedestrian experience.”

Built by Chicago-based Urban Investment and Development, Copley Place was at the time the largest mixed-use project in the country. It was criticized by neighbors and some public officials for the way its hulking buildings towered over town houses in the South End.

The original $500 million project eventually included the Westin and Marriott hotels, four office buildings, a shopping mall, 100 apartments, and a 1,400-space parking garage.

The existing building at Copley Place consists of parking, three levels of retail and seven floors of office space.

The new design will transform the brick-paved plaza entrance to Neiman Marcus into a multi-story atrium with a glass facade

The new tower would fill out the last undeveloped parcels in Copley Place, which was initially built in the 1980s over the Massachusetts Turnpike roadway and ramps, and on a former railroad yard.

Simon initially proposed the project in June 2008, but put it on hold when the recession dried up funding for big projects.

The company resurrected the project last year and hopes to break ground by the end of this year. Construction is expected to last 3 years.