Forbes Park | Chelsea

scorpio02150

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Forbes Park Plan Approved by ZBA:

The final iteration of the project includes 590 units of housing, with 60 percent of those units being condos for sale and 59 units being affordable to a range of incomes. There are also 1.6 parking spaces per unit, or 963 spaces. The project also boasts a major public access area to the waterfront of the Chelsea Creek and Mill Creek. The current project also has a very small amount of retail and office uses, with both totaling below 20,000 sq. ft.

City Manager Tom Ambrosino:
“I’m happy with the project even though it’s far from perfect,” he said. “Given all the concessions made since they first showed up here, I think it’s a workable project. There is lots of homeownership, with 60 percent being condos. This is the largest condo project in Chelsea for more than a decade if not longer. They also have really exciting plans for accessing the waterfront along the Chelsea Creek.”

The developer also agreed to contribute $300,000 to the four schools at the Mary C. Burke Complex, which is about two blocks from the Forbes entrance.

It is believed that the developer plans to keep three of the smaller buildings on site and rehabilitate them. The rest of the project will be new construction.

http://chelsearecord.com/2019/03/15/forbes-park-plan-approved-by-zba/

https://boston.curbed.com/boston-development/2019/3/19/18270825/chelsea-forbes-park


Forbes-site-chelsea.jpg
 

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