One Greenway (Parcel 24) | 0 Kneeland Street | Chinatown
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BostonObserver
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get over your selves suburbanites
The Chinatown community is driving this project. I think they know what their neighborhood needs better that anyone on this forum. Sometimes this forum is just so damn phallical.
The Chinatown community is driving this project. I think they know what their neighborhood needs better that anyone on this forum. Sometimes this forum is just so damn phallical.
Ron Newman
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Re: Parcel 24
Boston may have plenty of green space taken as a whole, but Chinatown has very little, as does the North End. Any additions that are made because of the Big Dig will be appreciated in those neighborhoods.
Boston may have plenty of green space taken as a whole, but Chinatown has very little, as does the North End. Any additions that are made because of the Big Dig will be appreciated in those neighborhoods.
BostonObserver
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Re: Parcel 24
At least it doesn't look like the trash their building in China these days.
At least it doesn't look like the trash their building in China these days.
KentXie
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Re: Parcel 24
I have to disagree with that, most significant projects in China are incredible. Their housing projects however are horrendous. However, even those towers look better than some of the buildings proposed here.
I have to disagree with that, most significant projects in China are incredible. Their housing projects however are horrendous. However, even those towers look better than some of the buildings proposed here.
C
ChunkyMonkey
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Re: Parcel 24
Rappaports to build in Chinatown
By Scott Van Voorhis | Thursday, February 21, 2008 | http://www.bostonherald.com | Real Estate
The longtime Boston real estate family that built the Charles River Park development in the West End is turning its attention to Chinatown. The Rappaports have teamed up with the Asian Community Development Corp. on plans for a high-rise housing complex off Kneeland Street near the Rose Kennedy Greenway.
The proposal calls for 325 apartments, condos and townhomes on a site controlled by the Massachusetts Turnpike Authority and dubbed Parcel 24.
The condos are expected to sell in the $400,000 to $700,000 range, but the proposal also calls for 70 apartments and up to 99 condos to be part of an affordable housing component.
The nearly $100 million project will range in height from 20 stories along Kneeland to four-story townhomes near Chinatown?s traditional brick rowhouses.
Plans call for construction to begin next year, after a review by the Boston Redevelopment Authority.
?There is very strong pent-up (housing) demand within the Asian community, within Chinatown as well,? said Jerry Rappaport Jr., president of the New Boston Fund. ?We really like the location and the product mix.?
Article URL: http://www.bostonherald.com/business/real_estate/view.bg?articleid=1074941
Rappaports to build in Chinatown
By Scott Van Voorhis | Thursday, February 21, 2008 | http://www.bostonherald.com | Real Estate
The longtime Boston real estate family that built the Charles River Park development in the West End is turning its attention to Chinatown. The Rappaports have teamed up with the Asian Community Development Corp. on plans for a high-rise housing complex off Kneeland Street near the Rose Kennedy Greenway.
The proposal calls for 325 apartments, condos and townhomes on a site controlled by the Massachusetts Turnpike Authority and dubbed Parcel 24.
The condos are expected to sell in the $400,000 to $700,000 range, but the proposal also calls for 70 apartments and up to 99 condos to be part of an affordable housing component.
The nearly $100 million project will range in height from 20 stories along Kneeland to four-story townhomes near Chinatown?s traditional brick rowhouses.
Plans call for construction to begin next year, after a review by the Boston Redevelopment Authority.
?There is very strong pent-up (housing) demand within the Asian community, within Chinatown as well,? said Jerry Rappaport Jr., president of the New Boston Fund. ?We really like the location and the product mix.?
Article URL: http://www.bostonherald.com/business/real_estate/view.bg?articleid=1074941
JimboJones
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Re: Parcel 24
Wait ... why the hell did that story run today??? It doesn't include any new news, does it???
Wait ... why the hell did that story run today??? It doesn't include any new news, does it???
Ron Newman
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Re: Parcel 24
The news might be the Rappaports joining the development team.
The news might be the Rappaports joining the development team.
C
ChunkyMonkey
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Re: Parcel 24
Typical Herald. They kind of forgot this part (from the BBJ).
The Asian Community Development Corp. in partnership with New Boston Fund Inc. have filed plans with the Boston Redevelopment Authority to build 325 units of housing in Boston's Chinatown neighborhood.
The partnership, called Parcel 24 LLC, would build 70 affordable rental units and 255 condominiums, 5,500 square feet of commercial space, 6,000 square feet of community space and parking for between 155 and 1199 cars. The project, pending approval by the Boston Redevelopment Authority, would provide 10,000 square feet of open space and connect the Chinatown parcel - bounded by Hudson, Kneeland and Albany streets - to South Station. The developers hope to break ground sometime in 2009 or 2010 on the 456,200 square-foot mixed use project...
Article URL:
http://www.bizjournals.com/boston/stories/2008/02/18/daily39.html?jst=b_ln_hl
Typical Herald. They kind of forgot this part (from the BBJ).
The Asian Community Development Corp. in partnership with New Boston Fund Inc. have filed plans with the Boston Redevelopment Authority to build 325 units of housing in Boston's Chinatown neighborhood.
The partnership, called Parcel 24 LLC, would build 70 affordable rental units and 255 condominiums, 5,500 square feet of commercial space, 6,000 square feet of community space and parking for between 155 and 1199 cars. The project, pending approval by the Boston Redevelopment Authority, would provide 10,000 square feet of open space and connect the Chinatown parcel - bounded by Hudson, Kneeland and Albany streets - to South Station. The developers hope to break ground sometime in 2009 or 2010 on the 456,200 square-foot mixed use project...
Article URL:
http://www.bizjournals.com/boston/stories/2008/02/18/daily39.html?jst=b_ln_hl
atlantaden
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Re: Parcel 24
The sad thing about this is...the amount of time that this project has been in the works...from proposal to future groundbreaking.
The sad thing about this is...the amount of time that this project has been in the works...from proposal to future groundbreaking.
Ron Newman
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Re: Parcel 24
This is a Big Dig parcel, right? Presumably construction could not start until the Big Dig people were finished with it, anyway.
This is a Big Dig parcel, right? Presumably construction could not start until the Big Dig people were finished with it, anyway.
JimboJones
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Re: Parcel 24
From 7/2007, SAMPAN:
The Asian Community Development Corporation has teamed with lead developer New Boston Development Partners to build more than 300 apartments and condominiums on property known in Chinatown as Parcel 24. They said recently that a 99-year lease agreement and development agreement with the Massachusetts Turnpike Authority could close as early as the end of August.
From 7/2007, SAMPAN:
The Asian Community Development Corporation has teamed with lead developer New Boston Development Partners to build more than 300 apartments and condominiums on property known in Chinatown as Parcel 24. They said recently that a 99-year lease agreement and development agreement with the Massachusetts Turnpike Authority could close as early as the end of August.
Re: Parcel 24
BRA Holds Community Meeting for Parcel 24
Apr 4, 2008
Dozens of community members turned out on March 13 to show their support for Parcel 24 at a Boston Redevelopment Authority meeting.
Parcel 24, a joint venture between The New Boston Fund and the Asian Community Development Corp., is 325-unit mixed-income smart-growth development that will provide much needed housing while restoring the fabric of the neighborhood which existed on Chinatown?s Hudson Street more than 40 years ago. In the 1960s, homes and businesses on the east side of Hudson Street were cleared to make way for a highway ramp. The removal of the ramp as part of the Big Dig allows this block, bordered by Hudson, Kneeland, and Albany streets, to be re-knit into the urban fabric and provide a sustainable development. The project enjoys enthusiastic and almost universal support amongst Chinatown residents and organizations, as well as having the support of numerous city officials.
?I strongly support this project. My family often speaks of Hudson Street and the how vibrant it used to be. I think that with this project, history will not have to repeat itself and the street will go back to being what it once was,? said Phil Thao Truong, a junior at Boston Latin High School and Chinatown resident.
The goal for Parcel 24 is to have up to fifty percent of the total residential units be affordable, including at least 70 rental apartments, and 66-99 condos. Another 156-189 condos will be market rate. The project is committed to being more deeply affordable than required. At Parcel 24, affordability guidelines range from 30 to 60 percent of the area median income for the rental apartments. The affordable condos will be available to households making an average of 80 percent of AMI, with condos reserved for households making about 60 percent of area median income.
Parcel 24 also will have more than 6,000 square feet of community space, about 5,500 square feet of ground-floor commercial space, 159-199 underground parking spaces for residents, landscaped sidewalks and about 10,000 square feet of terraced open space that provides access between Hudson and Albany Streets.
The Massachusetts Turnpike Authority designated the Parcel 24 team- ACDC and New Boston- as the developer for the site in 2006. New Boston is an industry leader in providing real estate investment, development and management services and ACDC is a non-profit, community-based organization with a mission of improving the quality of life for Asian Americans in Greater Boston. The scope of the project is the result of extensive community input. Among those who attended the meeting last night at the Doubletree Hotel in Chinatown to express their support for the project were Mayor Menino?s Department of Neighborhood Development, City Councilor Sam Yoon?s office and the office of City Councilor Bill Linehan.
The meeting was hosted by the BRA for public discussion of the Project Notification Form for Parcel 24 that was filed with the BRA on February 15, 2008.
The PNF describes all of the features of the proposed project and is available for public viewing at the BRA, Asian CDC office, and Boston Public Library, and is open to public comment. The public comments are due in writing to Tai Y. Lim at the BRA by March 27, 2008. After reviewing the PNF and public comments, the BRA will issue a scoping determination, which describes the specific issues that the Parcel 24 team must study.
Construction is expected to begin on Parcel 24 in late 2009 or early 2010.
Link
BRA Holds Community Meeting for Parcel 24
Apr 4, 2008
Dozens of community members turned out on March 13 to show their support for Parcel 24 at a Boston Redevelopment Authority meeting.
Parcel 24, a joint venture between The New Boston Fund and the Asian Community Development Corp., is 325-unit mixed-income smart-growth development that will provide much needed housing while restoring the fabric of the neighborhood which existed on Chinatown?s Hudson Street more than 40 years ago. In the 1960s, homes and businesses on the east side of Hudson Street were cleared to make way for a highway ramp. The removal of the ramp as part of the Big Dig allows this block, bordered by Hudson, Kneeland, and Albany streets, to be re-knit into the urban fabric and provide a sustainable development. The project enjoys enthusiastic and almost universal support amongst Chinatown residents and organizations, as well as having the support of numerous city officials.
?I strongly support this project. My family often speaks of Hudson Street and the how vibrant it used to be. I think that with this project, history will not have to repeat itself and the street will go back to being what it once was,? said Phil Thao Truong, a junior at Boston Latin High School and Chinatown resident.
The goal for Parcel 24 is to have up to fifty percent of the total residential units be affordable, including at least 70 rental apartments, and 66-99 condos. Another 156-189 condos will be market rate. The project is committed to being more deeply affordable than required. At Parcel 24, affordability guidelines range from 30 to 60 percent of the area median income for the rental apartments. The affordable condos will be available to households making an average of 80 percent of AMI, with condos reserved for households making about 60 percent of area median income.
Parcel 24 also will have more than 6,000 square feet of community space, about 5,500 square feet of ground-floor commercial space, 159-199 underground parking spaces for residents, landscaped sidewalks and about 10,000 square feet of terraced open space that provides access between Hudson and Albany Streets.
The Massachusetts Turnpike Authority designated the Parcel 24 team- ACDC and New Boston- as the developer for the site in 2006. New Boston is an industry leader in providing real estate investment, development and management services and ACDC is a non-profit, community-based organization with a mission of improving the quality of life for Asian Americans in Greater Boston. The scope of the project is the result of extensive community input. Among those who attended the meeting last night at the Doubletree Hotel in Chinatown to express their support for the project were Mayor Menino?s Department of Neighborhood Development, City Councilor Sam Yoon?s office and the office of City Councilor Bill Linehan.
The meeting was hosted by the BRA for public discussion of the Project Notification Form for Parcel 24 that was filed with the BRA on February 15, 2008.
The PNF describes all of the features of the proposed project and is available for public viewing at the BRA, Asian CDC office, and Boston Public Library, and is open to public comment. The public comments are due in writing to Tai Y. Lim at the BRA by March 27, 2008. After reviewing the PNF and public comments, the BRA will issue a scoping determination, which describes the specific issues that the Parcel 24 team must study.
Construction is expected to begin on Parcel 24 in late 2009 or early 2010.
Link