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In principle, Chinatown would be great for massive amounts of value captures from turning tenements into towers. In practice, the Chinatown affordable housing developers are enormous NIMBYs who have resisted making deals like this for the past decade. That Globe article is ridiculous, too...

No shame and not a lick of sense in the article and the comments. People who want to live in a low demand suburb should move to Akron.

Waltham is a bizarrely NIMBY run place.

Seriously. That one (and similar redevelopments of neighboring parcels) will be what makes south bay really click.

The views are good, Morrissey will be shrunk over time, and these buildings can filter their air at least. Also Dorchester Bay City will be built. But yeah, it's still uncomfortably close to the upzoning only along highways.

Note that the developers originally proposed more housing that the NIMBYs cut down. Good they're bringing it back.

Malden had an apartment moratorium at one point in the last decade, driven by implicit racial panic.

I live around the corner and our neighborhood association helped support the developer with the ZBA there. The "zoning" in the South End is designed to make South End rowhomes nonconforming by a small margin in every requirement. The number of variances needed for this one was absurd --- and...

FWIW, there's a bunch of old access infrastructure near old Charlesgate park right around here.

It was a far better plan before the ZBA forced many rounds of revisions and shrinkage.

It would not be hard to put in more small retail spaces. Steve Samuels does this in Fenway. Fix that, don't throw away growth near transit and close to the core.

Current Class A rents in Boston are about what NYC's were *prepandemic* (~$50/sqft and more in certain areas), mostly because Boston underbuilt office for so long downtown and NYC has relatively lax office zoning. This is a drop from $70, BUT, remember those rents were more than enough to...

I mean that's a ridiculous statement. Office vacancies in the northeast are still below the early 90s recession, the going rents in Boston for class A are more than enough to justify new construction. Random class B and C space not being worth it is a different story.

It's surrounded by offices on the Back Bay side and there's resi towers a block on either side. Proven market. Maybe keep optionality for a big office building on the site.

Really one they should put a tower on.

Perfect street for dense infill.

Interesting, wonder how the economics work without the office space subsidizing the affordable units. Possible that 80-100% AMI homeownership units are close to pencilling in Roxbury these days (they have in the past).

Lol, this is never getting built.

Don't worry, it's in no danger of pencilling any time soon (though the condo building alone with 81 market rate condos, too) might.

The woman who owned the Gallows also started Blackbird Donuts, Banyan Bar and Refuge (nearby), and Sally's Sandwiches. The restaurant group is still called "The Gallows Group." There is capital, question is whether there is interest.