BPDA approves new #developments in four #Boston #neighborhoods

BPDA approves new developments in four Boston neighborhoods

The Boston Planning & Development Agency has approved five new transit-oriented development projects that will bring 544 residential units to four city neighborhoods. The new communities will be located in the Dorchester, Roxbury, Fenway and Hyde Park neighborhoods. Construction of the developments will result in a combined 592,700 square feet and will support 452 construction jobs and 126 permanent positions.  The Jan Karski Way Extension Project in Dorchester. Credit: Boston Planning & Development Agency The Jan Karski Way Extension Project will bring 403 residential units to Dorchester. Sixty units will be designated affordable, and the developer has agreed to increase affordable housing contributions in the future. A transit-oriented development, Jan Karski Way is a 10-minute walk to Andrew Station and a nine-minute walk to the commuter rail at Newmarket Stations. The project will also include enhanced streetscapes, the construction of new streets and sidewalks, as well as 14,665 square feet of retail space, storage for 488 bicycles and 47,786 square feet of new publicly accessible open space.   In Roxbury, 190 Dudley St., once complete, will have 28 new housing units in a five-story building with community and retail space. Four of the units will be designated affordable. The development is close to Nubian Station and will incentivize the use of public transportation, car sharing and biking. The project will include 44 bike storage spaces as well.  The 601 Newbury St. project. Credit: Boston Planning & Development Agency In the Fenway neighborhood, the 601 Newbury St. project will include 71 housing units, nine Inclusionary Development Policy units and contributions to the BPDA’s IDP Fund. The development will add four additional stories to an existing three-story building, creating 71 compact-living units with 50 studios and 21 one-bedroom apartments. It will also include shared spaces including a fitness room/gym, dining room with kitchenette, a workspace/meeting room, a theater/media room and an exterior landscaped area and patio. Like the other two projects, it is transit-oriented and close to several transportation options. Along with sidewalk improvements and 86 bike parking spaces, residents will also receive a free three-month MBTA pass.      Hyde Park’s 555 Metropolitan Ave. project will turn an existing parking lot into a 21-unit condominium building with 18 units available at market rate and three deemed income-restricted. The building will be a mix of two- and three-bedroom units and will include onsite bike and car parking. The developer will also contribute $29,663 for nearby street improvements and create a pedestrian pathway connecting Metropolitan Avenue to Hyde Park Avenue. The 69 Bailey St. project will bring compact living to Dorchester. The former VFW one-story building on the site will be replaced with a new three-story building with 21 rental units, three of which will be income-restricted. The development will also include parking for eight vehicles and 21 bicycles. Additionally, the developer will offer residents 50% subsidized transit, two car-share spaces and on-site bicycle repair. They will also contribute $5,775 to Boston’s Bluebikes program and $18,550 for either green-space initiative funding or nearby street improvements. The post BPDA approves new developments in four Boston neighborhoods appeared first on Boston Agent Magazine.

Homebuyers: For access to all listings and to find a homebuyers real estate agent that will represent only your interests call 800-935-6222 or click the button below to connect with MABA. At MABA we got you!

First Time Home Buying in Massachusetts

MABA Buyer Agents help first time home buyers reduce the stress and frustration normally associated with buying a home or condo – especially for first time home buyers.

As a first time homebuyer in Massachusetts, you can turn to our non-profit organization to help you understand and navigate the complexities of the entire Massachusetts real estate transaction, from mortgage pre-approval until you are handed the keys to your new home or condominium. Each of our member buyer's brokers and agents works only for their buyer-clients and never for the seller of the home or condo that their buyers want to buy.

MABA Buyer Agents will take the time to learn about you and your real estate goals, help you understand your options, including first time home buyer programs, properties and/or condominium associations, estimate real property values and put together a negotiating strategy to help you increase the odds of getting your offer accepted in our competitive Massachusetts real estate market. After advocating to get your offer accepted, your MABA buyer's agent will be there for you at your home inspection and help you protect your deposit through the inspection, purchase & sale and financing contingency periods.

You can buy your first home or condo with confidence knowing that your MABA buyer agent is committed to saving you time and money and helping you make your best home buying decision.