Development firm Boston Residential Group closed Wednesday on a $12.7 million deal to buy a triangle-shaped parcel where India Street meets the Greenway, along with 30 spaces in a nearby garage. The site’s been a patch of asphalt since the 1950s, though its prior owner received city permits in 2014 for a 12-story condominium project that never came to fruition.
But now it’s time to build, Boston Residential CEO Curtis Kemeny said. He’s planning a 12-story building, with 30 units, with about 71,000 square feet in all. Because that’s what the existing permits call for, the project will need only minimal additional approvals from the city, Kemeny said. That means he can break ground next summer, with a goal of opening the building in 2022.