128 Spring Street | Everett

dshoost88

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128 Spring Street, Everett, MA

Proposed 7-story multi-family, 77-feet tall
234 Residential Units, including 59 studios, 140 1-beds, and 35 2-beds
2,400 sq. ft. retail

This development is behind the proposed 380 Second Street
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Could someone explain to me why or how Everett seems to have the gas pedal to the floor on developing residential housing? And that is coming after the casino, etc. They really just seem to be a step ahead of everyone else in getting things moving. Everett used to be a punch line for a joke about dumpy towns back in the day.

Is it due to a lack of organized NIMBY's, the city wanting to fill in vacant lots, developers offering to clean up toxic sites (like Encore), envy over what is going on in Cambridge?
 
Could someone explain to me why or how Everett seems to have the gas pedal to the floor on developing residential housing? And that is coming after the casino, etc. They really just seem to be a step ahead of everyone else in getting things moving. Everett used to be a punch line for a joke about dumpy towns back in the day.

Is it due to a lack of organized NIMBY's, the city wanting to fill in vacant lots, developers offering to clean up toxic sites (like Encore), envy over what is going on in Cambridge?

@FK4 asked a similar question in the Everett Infill and Small Developments thread last year, to which I responded the following:

^^ A few other notes about how/why Everett is seeing so much new development:
- As of Right Zoning: Everett’s been very proactive about updating its zoning to accommodate new larger scale development ever since Wynn Resorts got the casino license.
- You know how in Boston there are Impact Advisory Groups, the Boston Civic Design Commission, Landmark Commission, Historic Commission, a million neighborhood groups, 13% affordable housing minimums, stringent DBE requirements, and variance requests for all new large-project developments that can draw out the approval process years (and dollars)? Everett doesn’t have these. Sky Everett, for example, had a 2-month approval process.
- A lot of the new development in Everett is in historically commercial and industrial areas. This makes it less disruptive to existing Everett residents, and is good for local businesses.
- Opportunity Zone: much of the new development in Everett is in a designated Opportunity Zone, meaning it’s much more favorable a location for large multi-family development tax-wise than other areas. It’s not an accident—this is all happening as planned.
-Timing: supply constraints in every municipality surrounding Everett the last decade coupled with regionally high housing demand has made Everett’s comparably low property values ripe for developer interest.
 
More coming to Everett:
- 380 2nd St 600+ units 21 stories proposed
- 99 acer tank farm site under contract by Davis Co., released an early conceptual recently. This area is label "Future Life Science Hub" on the above master plan
- Encore expansion
- Rumors of the Revolution interested in the 45 acer power plan site that was just lifted out of chapter 91
 
More coming to Everett:
- 380 2nd St 600+ units 21 stories proposed
- 99 acer tank farm site under contract by Davis Co., released an early conceptual recently. This area is label "Future Life Science Hub" on the above master plan
- Encore expansion
- Rumors of the Revolution interested in the 45 acer power plan site that was just lifted out of chapter 91

^Unrelated, but I snapped a few of the conceptual renderings Davis Co presented to Everett Planning Board Monday evening. They are in a due diligence period for the tank farm site and could still pull out of the purchase if the upcoming meetings with public and municipal leadership make a redevelopment here seem infeasible.
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^Unrelated, but I snapped a few of the conceptual renderings Davis Co presented to Everett Planning Board Monday evening. They are in a due diligence period for the tank farm site and could still pull out of the purchase if the upcoming meetings with public and municipal leadership make a redevelopment here seem infeasible.
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Nothing up on the Planning Board website yet, so thanks for grabbing those!

Putting this together with the triangle concept upthread, seems like they should be working with Davis to extend Robin Street across the Newburyport Line? I wonder if they can connect Robin directly to Route 16 and pull enough traffic from Broadway to obviate the need for grade separation at Sweetser Circle?

@BeeLine the last few posts should be here: https://archboston.com/community/th...redevelopment-52-beacham-street-everett.6500/
 
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