🔹 What's Happening With Project X?

[BKNA]

The old Lee pool complex on the Esplanade near MGH was torn down in June. The state "contracted Maryanne Thompson Architects to design what is being called the Esplanade Riverfront Pavilion, a multipurpose recreation center with indoor and outdoor space for athletic and cultural events. The building would also include space for organizations like the Esplanade Association and Hill House. " Boston Guardian
The state wants to build it with private funds and have it connect with the park projects near the state police station next door. I thought I saw a plan once but I can't find anything recent

not really recent, but check out the presentation links at the bottom of the this site

Esplanade Riverfront Pavilion Planning Project

A plan to make the Lee Pool a multi-purpose pavilion

www.mass.gov

 

[JumboBuc]

The old Lee pool complex on the Esplanade near MGH was torn down in June. The state "contracted Maryanne Thompson Architects to design what is being called the Esplanade Riverfront Pavilion, a multipurpose recreation center with indoor and outdoor space for athletic and cultural events. The building would also include space for organizations like the Esplanade Association and Hill House. " Boston Guardian
The state wants to build it with private funds and have it connect with the park projects near the state police station next door. I thought I saw a plan once but I can't find anything recent

not really recent, but check out the presentation links at the bottom of the this site

Esplanade Riverfront Pavilion Planning Project

A plan to make the Lee Pool a multi-purpose pavilion

www.mass.gov

Build the new facility nice enough and it could probably do very well as a venue for private events (e.g., weddings).

 

[Scott]

I swear I saw a proposal of a facility built into a slope in a heavily landscaped park. The footbridge over Storrow is right there so this could potentially be a transformative project

 

[rjacobs]

I just read on BLDUP that One Bromfield was refinanced for $31 million two days ago (on Dec. 16th), but I found no mention of the refinancing or its potential implications when I searched through Google. Is this notable (given that the project was originally DOA)?

"One Bromfield Update"

One Bromfield Street Update
12/16/19

One Bromfield Street Site Refinanced for $31 Million
The site of the One Bromfield development project has been refinanced for $31 million. The LOI was filed in 2008, however, the project has still not gotten off the ground.

 

[Massachoicetts]

I just read on BLDUP that One Bromfield was refinanced for $31 million two days ago (on Dec. 16th), but I found no mention of the refinancing or its potential implications when I searched through Google. Is this notable (given that the project was originally DOA)?

"One Bromfield Update"

One Bromfield Street Update
12/16/19

One Bromfield Street Site Refinanced for $31 Million
The site of the One Bromfield development project has been refinanced for $31 million. The LOI was filed in 2008, however, the project has still not gotten off the ground.

683ft? I thought this was over 700ft? Atleast 702 iirc.

I love the design of this tower, but they really only need to fix the ground level. Thanks for the update!

 

[odurandina]

^^Yes, that's speaking to occupied floor height.
FAA exact determination was given at 710'.
Walsh needs to get this approved for the 59 stories/709', 5" (the current proposed height).
with revised massing/podium/ garage/ delivery/ sanitation, etc.

 

[Massachoicetts]

^^Yes, that's speaking to occupied floor height.
FAA exact determination was given at 710'.
Walsh needs to get this approved for the 59 stories/709', 5"
with revised massing/podium/ garage/ delivery/ sanitation, etc.

If they are refinancing, I have a feeling that this will be going the right way. Seems like the developers are determined, and if they fix said discrepancies they should have no problem with approval. It's really a nice looking tower and it has propper massing for being in the literal heart of the city. I like it.

 

[stick n move]

Id swap 1 brom for copley all day everyday. Not a fan of the tower design. I did photoshop the tower without the cutouts along the bottom of the tower though a while ago and that did look better. Still, they can do better.

 

[odurandina]

If they are refinancing, I have a feeling that this will be going the right way. Seems like the developers are determined....

Hmm, quite the feeling you have.
We haven't heard anything in years.
A Nimby activist of renown says a new proposal has been in the
works for some time.

However, with so many luxury units in the cycle + seeing units being
removed at Winthrop Square-- given the extreme costs to build,
timing the market (already top heavy, as it is) will be tricky.
But, in a few years, that could all change. Over the long term,
we have a market that supports another MT type property.

 

[Cortes]

All this talk about Parcel 12 at the corner of Mass Ave and Boylston...what's up with parcel 13, across the street?

 

[odurandina]

Is that one where the Viola was planned?

 

[Cortes]

Is that one where the Viola was planned?

Yes. According to The Gollinger Teams website, construction was slated to start in 2019. That websites link to the Peebles Group, which I am assuming is the real money, is non-functioning.

 

[DZH22]

Further proof that a mere 11 stories isn't going to cut it for an air-rights project over the Pike. Frankly, they should be allowed to go as high as the FAA allows. There's a reason why we haven't had a successful one of these projects in something like 35 years... $$$

 

[odurandina]

The State and City want Parcel 15 solved.

Any chance Weiner Venture's interests at 1000 Boylston would get sold off, if John Fish finds a new partner,
or a new interest who enters the picture
1. determines what changes would make it viable,
and wants in.....
2. the BPDA is open to significant changes
3. the principals can somehow untangle themselves out of the current mess.

 

[JohnAKeith]

The refinancings are on the Suffolk Deeds website. Bank of New England was the lender (I mean, really?).

The borrowers are listed as: 11 Bromfield Development Partners LLC, 349 Associates, 367 LLC, and M.K. Realty LP doing business as Carmel Candy Associates, all associated with Midwood Investment and Development. Also, Boston Syndicate, c/o Merchant Properties Inc

 

[393b40]

3. the principals can somehow untangle themselves out of the current mess.

This will take years to sort out and probably years for the other things too. Don't expect movement here again before 2025.

 

[whighlander]

Perhaps the major tenanted buildings should be so described in the title

Some people [especially our seemingly large number of newbies] probably don't know an MXIII from a Parcel-D
But: everyone would identify: Google, Verizon, Phillips, Amazon, etc.

Maybe the criterion should be is more than 1/2 the space in the building associated with a single well-known tenant

Anyway:

This is Christmas Eve -- Merry Christmas*1 to everyone on ABForum
Peace to all
We can resume the discussion later



*1
Happy Chanukkah
or if you chose to celebrate any other or any Winter Solsticial Commemorative Event -- then felicitous greeting for your celebrations in the appropriate manner for your culture [whether native or adopted]

 

[goldenretrievers]

Alexandra Hotel?
Sullivan Courthouse?
Hook Lobster?
Charlestown Chain Forge?
Underdeveloped Greenway parcels?

 

[George_Apley]

Alexandra Hotel?

Couldn't find any news reports on this since the big approval news from September.

Sullivan Courthouse?

Not much. The parking deal between the city and the developers made a Wicked Local Cambridge roundup.

Hook Lobster?

Nothing recent I could find.

Charlestown Chain Forge?

According to the Charlestown Patriot-Bridge, as of a month ago this was "in the midst of getting financing".

 

[odurandina]

Nothing imminent. One fine day in the not so near future, we'll be able to cite the 305' Lobster tower as exhibit A of how it takes up to 24 years to build a 305' hotel in this town.