BostonUrbEx
Senior Member
- Joined
- Mar 13, 2010
- Messages
- 4,340
- Reaction score
- 128
Re: South Boston Seaport
Smart growth without the rapid transit.
Smart growth without the rapid transit.
Smart growth without the rapid transit.
Hacin's firm designed Berkeley Investments' FP3 condominiums, and is currently designing the first residential building at Seaport Square.
Sounds great overall, but by shared amenities do they mean, like, showers and toilets?
Seaport Square Developers To Take Risk, Go Small
By Paul McMorrow
Banker & Tradesman Staff Writer
Today
--------------------------------------------------------------------------------
The developers of Seaport Square, a 6-million-square-foot development on the South Boston waterfront, said they will be the first developers in Boston to test new models of workforce housing that shrink unit sizes and rely on shared amenities, transportation and public spaces.
Speaking yesterday at a City Hall symposium on bringing new, affordable housing models to South Boston, John Hynes, CEO of Boston Global Investors, said a shortage of affordable housing in Boston's urban core was hampering corporate growth.
"The answer is smaller units," Hynes said. "It's exactly what we believe the market wants. We need more affordable housing, retail and green space; you don't need a lot of cars. The risk is, it hasn't been done yet. You're going to have to convince your lenders and investors you have something worth investing in."
"Somebody has to go first," added John Buza, a managing director at Morgan Stanley, an equity partner in Seaport Square. "We're willing to be the first, and see if it works."
In January, Boston Mayor Thomas Menino announced plans to re-brand the South Boston waterfront as an innovation district. Menino said he wants to fill the neighborhood's warehouses and parking lots with technology companies, creative firms and business incubators, and with housing developments that keep those firms' workers in the city.
The City Hall symposium brought together architects with South Boston landowners to discuss how new European housing models might be applied along the waterfront.
"We can build more office towers and condos, but it would be anywhere else in America," Menino said. "This is the largest piece undeveloped land on the East Coast, and it has to be innovative. I hope out of this discussion will come new proposals and new ideas."
Please be advised that there will be a community meeting regarding the Waterside Place Project on Wednesday, July 14, 2010, 6:30 ? 8:00PM, at the Boston Convention & Exhibition Center, Room 102 A, 415 Summer Street, South Boston. The Core Development Group LLC, the Project Proponent, filed a Notice of Project Change on June 30, 2010 for a phased approach to the Waterside Place Project. Phase I, which will be located along Congress Street, is approximately 372,300 square feet and will contain approximately 235 residential rental units, up to 275 parking spaces, approximately 69,000 square feet of retail, including a grocer and pharmacy, and approximately 13,000 square feet of office/flex space for entrepreneurial and developing companies.
The 30-day public comment period ends on Friday, July 30, 2010.
Please mail comments to: KRISTIN KARA
BOSTON REDEVELOPMENT AUTHORITY
ONE CITY HALL SQUARE, 9TH FLOOR
BOSTON, MA 02201
or fax to: 617-742-7783
or email to: kristin.kara.bra@cityofboston.gov
Kristin Kara
Senior Project Manager
Boston Redevelopment Authority
One City Hall Square
Boston, MA 02201
Phone: 617-918-4263
Fax: 617-742-7783
Maybe with enough development, more pressure will build to replace the Silver Line with light rail. We can always dream. This idea seems pretty good -- it should bring some life to the district, which will lead to more of that organic type growth we all crave.
Menino said. "This is the largest piece of undeveloped land on the East Coast"
The underside of this bridge does really need some fixin. Pretty sad.