J
Justin7
Guest
Why are you proud to be a middle-aged white man? I'm not implying you should be ashamed or anything, but why pride?
As Everett waits to find out if a resort casino will be located in the city, a $90 million project to convert the former Charleston Chew candy factory into 328 luxury apartments could become a sweet spot in the Greater Boston housing market, the state's top business official said Tuesday.
"It seems like this was a development just waiting to happen," said Secretary of Housing and Economic Development Gregory Bialecki. "It's probably less than 5 miles from downtown Boston, and it's accessible by all sorts of roadways and public transportation."
Developer Andy Montelli, a principal at Post Road Residential in Fairfield, Conn., predicts the complex will be a strong competitor to housing developments in Cambridge, Medford, and Somerville.
"It's going to be really hot housing," Montelli told Bialecki and other state and local officials. "It's going to be very high end."
Bialecki visited Everett on Tuesday as part of a nine-stop tour of development projects in urban communities north of Boston. Accompanied by Deputy Secretary Arthur Jemison, Bialecki already has visited the Boston neighborhoods of Charlestown and East Boston, along with Chelsea, Malden, Revere, and Winthrop.
They'll visit Somerville on Thursday and end the tour in Medford next Tuesday.
"The locations and the demographics of these communities make sense, and from our perspective, have a lot of opportunity for development growth," Bialecki said.
The secretary praised the work of local officials to encourage new growth in old urban areas.
"The municipal leaders in these places want things to happen," Bialecki said. " Massachusetts in the past had a reputation of being a tough place to get [development] done. But we've found that Everett, and other neighboring communities, don't have that attitude. They want more private investment."
In Everett, the biggest development proposal on the block is the $1.2 billion resort casino proposed by Las Vegas developer Steve Wynn. He is competing against other proposals at Suffolk Downs on the Revere/East Boston line, and a Foxwoods facility on vacant industrial land in Milford, for the one license the state's gambling commission is expected to award for Greater Boston in April, 2014.
Bialecki said a casino should stimulate, but not dominate, a local economy. "Wherever they are in the state, a casino is not going to singlehandedly change everything," he said in an interview. "You have to think of it as a catalyst for other economic opportunities."
Everett Mayor Carlo DeMaria Jr., a strong supporter of the Wynn proposal, said the resort would help the city achieve its goal of redeveloping lower Broadway.
"There are a lot more empty buildings, particularly along the [railroad] bed, toward the east, that could be redeveloped," said DeMaria, who led Bialecki on the tour of the city.
In addition to the former Charleston Chew site, state officials also visited Night Shift Brewery, a craft beer maker on lower Broadway, and River's Edge, a mixed-use development shared with Malden and Medford.
The former Charleston Chew factory has stood vacant since it closed in 1985, after production moved to a Nabisco facility in Cambridge. A Boston developer proposed to turn it into the Charleston Lofts, 200 condominiums and artists/lofts, but the project stalled.
Now the Everett property will be named The Batch Yard - a nod to its legacy of chocolate making. The four-story factory, made of concrete, will get three additional floors. A total of 160 apartments will be located in the seven-story building, Montelli said.
"It will have a great roof deck," Montelli told Bialecki. "It will have awesome views of downtown" Boston.
The privately-financed development will include two other buildings that together will have 168 apartments. A parking garage will also be built. Parking spaces will be located under each of the three buildings, for a total of 500 spaces, Montelli said.
The first units are due to open in the spring of 2014. Studio, one, and two bedroom apartments will make up the bulk of the units, with about a dozen three-bedroom apartments, Montelli said.
The development's proximity to Boston and Cambridge, along with MBTA bus stops on Broadway, made the site a desirable investment, Montelli said.
"I know it's going to be successful, because we're next door to huge job centers," he said. "And we have a tremendous bus system right outside our front door."
FBI building news...
http://www.chelsearecord.com/2013/0...ted-by-developer-as-offering-numerous-firsts/
FBI Building Touted by Developer as Offering Numerous ‘Firsts’
August 22, 2013
By Seth Daniel
A vague rendering of the 9-story proposed New England FBI building that would occupy a vacant lot next to Rt. 1 on Maple
Street........... She wrote that approving the plans would lead to the tangible belief to anyone seeing the new building perched alongside Rt. 1 that Chelsea is absolutely a different place than it once was....... “It is a significant building for any community and will be the focus of much media attention, both during construction and once completed and occupied.......Additionally, Simboli stated that the FBI would be bringing a good bit of business to the hotels, restaurants and other businesses next to the proposed building – a building that is described as being a 24-hour a day operation.....The details in the filing are somewhat vague, as the FBI isn’t allowed to file specific floor plans and office layouts due to security concerns. Also, nowhere in the filing does Simboli mention the FBI, though everyone knows the vague “federal tenant” being spoken about is the FBI.....The building would be about 150-feet tall and will have nine stories – one story on the first floor for parking and eight floors of office layouts. There will also be one level of underground parking. The total building size is 240,000 sq. ft. on 5.1 acres of vacant land. There are 420 parking spaces designated on the plans, far exceeding the number required.....Site improvements are predicted to be extensive and estimates for the work came in at $2.45 million. The most expensive piece of those costs will be to complete the large landscaping plan, which total $285,000.......The construction schedule looks to have design taking one year, site improvements taking 14 months, core construction 16 months and tenant fit-out at 10 months. The total construction period was estimated to take almost three years (32 months), pegging an opening for June 2016....The building will be situated closest to Everett Avenue with an entrance at the corner of Maple Street and Everett Avenue. The entrance will have high-security and those not passing muster will be sent packing in a special ‘turn-away’ driveway that exits on Everett Avenue......hat also points to the overall fact that the proposal is for a high-security law enforcement headquarters. While the building might be a point of pride for Chelsea, it won’t be a place where the red carpet is rolled out and tours are offered.....“There are no proposed public use areas designated within the confines of the project site, as such would violate the security requirements of the tenant,” read the filing. “The proposed tenant occupancy of the building and use of the site are not conducive to any portion of the site becoming common or public land.”
The joint ZBA/Planning Board meeting will take place at 6 p.m. on Aug. 27th.
I was under the impression it is another hotel, but I can't find anything to back that up right now. I think it is a Hampton Inn.Anyone know what's going on at the corner of Beech and Carter St, across from the school?
Governor announced $20 million for a new commuter rail station in Chelsea to support the Silver Line Gateway. Anyone seen a plan for this?
So F-Line, is the CR/SL station going in between Spruce & Everett next to the FBI building or behind the Market Basket. Regardless, hopefully the T adjusts the 112 timing a little bit more, in the mornings it seems to always make the connection at the CR about 5 minutes after the train has gone by.
Unless Mass Dot has a horrible blog post, they say the CR station is being combined with the SL station on Everett Ave. So looks like they are moving it. If it stayed where it was I couldn't see the bus way fitting behind a full high platform near Washington Ave stretch.
As I posted in the other thread, Boston Globe story names the station location as in that 1200-foot stretch behind Market Basket. Plenty of room for full-highs with ramps to both streets and the Mall - way better than current location.
MassDOT is terrible about its websites other than the official blog. Updates often appear months late; some projects like Yawkey don't even get pages. From what I hear, their IT staff makes updating anything a royal pain. So don't take the non-update there as a sign of anything.