stick n move
Superstar
- Joined
- Oct 14, 2009
- Messages
- 11,191
- Reaction score
- 15,367
BPDA seeks developer to build housing on Roxbury parking lots
A look at the five Boston Water and Sewer Commission lots that the BPDA wants to see redeveloped into affordable housing.
“The Boston Planning and Development Agency is seeking proposals from developers to build affordable housing on more than four acres of Boston Water and Sewer Commission land — mostly parking lots — in Roxbury.
The agency published a request for proposals for the project last month and will hold a pre-proposal conference for interested developers on Wednesday. Bids are due Feb. 28.
The parcels are located off the intersection of Harrison Avenue and Melnea Cass Boulevard. The BPDA is particularly interested in income-restricted housing for families and seniors at the site, including for-sale condos. The agency is encouraging bidders to consider helping prospective homeowners through a “rent-to-own” model or other financing tools.
Developers are being asked to allot a third of units to residents earning up to 50% of the area median income; another third to residents earning 51% to 70% of the area median income; and the final third to those earning above 70% of that figure. In 2023, the area median income was $118,800 for a two-person household in Boston and $148,400 for a four-person household.
The Wu administration is offering to make federal American Rescue Plan Act funding available to the winning bidder. The ARPA funds must be awarded to specific projects this year.
The property is located near several other projects on public land that the city has sought to redevelop in Nubian Square, including Boston developer Richard Taylor’s future Nubian Ascends mixed-use project and Urbanica Inc. and the NHP Foundation’s NUBA Residences just across Melnea Cass.
The BPDA began meeting with community members about redeveloping the BWSC parking lots in early 2023.”
https://www.bizjournals.com/boston/...n-affordable-housing-roxbury-parking-lot.html