-Approved.
Six-story apartment building approved for where the CVS used to be on Comm. Ave. in Allston
By
adamg on
Tue, 12/12/2023 - 12:27pm
“The Zoning Board of Appeal today approved a six-story, 206-unit apartment building at
1270 Commonwealth Ave. in Allston, where the lights currently remain on at what is a long vacant former CVS.
The proposal by Hines and Benenson Capital Partners, approved by the BPDA in August, calls for 35
affordable units - 17% of the total units - and 68 parking spaces.
The Allston Civic Association "overwhelmingly opposed" the project because the building is simply too dense and has too little greenspace even for Commonwealth Avenue, association President Tony D'Isidoro said. "It's sort of out of character for that portion of Commonwealth Avenue," he said, adding that considering the variances the property needs, the developers should have at least done more than providing 17% affordable units.
Hines executive Matt McCollem acknowledged the relative lack of greenery, but said the developers would make up for that by donating $300,000 to the Boston Parks and Recreation Department to upgrade nearby Ringer Park.
And he said that, unlike many other projects, where affordable units are aimed at people making up to 80% or 100% of the Boston area, the affordable units in the building would be aimed at people making between 50% and 70% of the Boston area median income. Board member Gio Valencia asked if the developers could make the units affordable to people making even less than that. McCollem, however, said current financing restraints would make it impossible to provide additional such units - or greater rent discounts - in the building.”
https://www.universalhub.com/2023/six-story-apartment-building-approved-where-cvs