The Planning Board gave preliminary approval Oct. 2 for HYM’s next phase of the North Point development, which will feature taller, skinnier buildings with more open space and a centralized retail square.
The 45-acre development was approved in 2003 with a 20-year building permit that will eventually allow for the development of over 5 million square feet of residential and commercial space with nine acres of open space. Tom O’Brien, founding partner and managing director of HYM Investment Group LLC, the project’s developer, said they would be able to increase open space to 11 acres by changing the building configurations, decreasing the building footprints and increasing their heights. The previous approved plan had a wall of buildings lining the Monsignor O’Brien Highway and rail yards