Davis Co. is using an interesting maneuver for this development. They seem to have a green lighted (by BPDA) three party PDA covering 112 Shawmut (this building), 50 Herald Street (adjacent to the east, controlled by the Chinese Consolidated Benevolent Association of New England) and 120 Shawmut (adjacent to the south, owned by the Boston Chinese Evangelical Church). The umbrella PDA designation will allow the three parties to engage in non-simultaneous development of the three parcels, up to the higher PDA allowed height and FAR per current zoning.The Davis Co's is planning on adding 7 floors to an existing 6 story building at 112 Shawmut Ave (https://email@example.com,-71.0658691,3a,60y,156.03h,97.69t/data=!3m6!1e1!3m4!1sa_8QRpZBVodJPHjKo5giGQ!2e0!7i13312!8i6656!6m1!1e1)
The building was bought 2 years ago for $26.2 million. Tentative plans are for a 155-unit housing complex - unsure if it will be apartment or condos at this point. In addition to housing, the building will contain a cafe space and 128 parking spaces.
BBJ Article: http://www.bizjournals.com/boston/news/2017/05/23/davis-cos-proposes-13-story-housing-complex-in.html