{"id":1004131783,"date":"2015-11-17T07:33:33","date_gmt":"2015-11-17T15:33:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004131783"},"modified":"2020-05-10T23:16:37","modified_gmt":"2020-05-11T07:16:37","slug":"proposed-mf-could-bring-700-apartments-to-bostons-south-end","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/proposed-mf-could-bring-700-apartments-to-bostons-south-end\/","title":{"rendered":"Proposed MF Could Bring 700 Apartments to Boston\u2019s South End"},"content":{"rendered":"

By Keith Loria, Contributing Editor<\/em><\/p>\n

Leggat McCall Properties<\/a> and its joint venture partner Multi-Employer Property Trust<\/a>, have filed a Letter of Intent with the Boston Redevelopment Authority<\/a> for 2.5 acres of land in the South End purchased from the Boston Medical Center in late 2014, to build a state-of-the-art multifamily residential project.<\/p>\n

The $7.3 billion real estate equity fund, advised by Bentall Kennedy<\/a>, hopes to bring approximately 700 new apartments to the growing Boston neighborhood, including affordable rentals designed to cater to a vital demographic in the city, in addition to market-rate units.<\/p>\n

Located in the block between Harrison Avenue and Albany Street, and near East Dedham Street and East Canton Street, the proposed project will include two buildings ranging in height from 11 to 19 stories, and will include artist live\/work space, and a gallery or restaurant use on the ground floor.<\/p>\n

\u201cThe Harrison Avenue corridor is emerging as one of the city\u2019s most sought after residential neighborhoods,\u201d Bill Gause, Leggat McCall Properties<\/a>\u2019 executive vice president, said in a prepared statement. \u201cWe look forward to working with the neighbors to add more housing and street life to the area, as well as provide additional work space for local artists.\u201d<\/p>\n

The project will also increase public open space in the South End, providing a green promenade between the two residential buildings, as well as a pocket park next to the Gambro building on Harrison Avenue. The existing parking lot will be removed and replaced with underground parking. The existing building at 575 Albany St. will be rehabilitated and retained as part of the project.<\/p>\n

The project will seek LEED certification, and the construction activity is expected to have a significant economic impact in the Boston metro area while creating green jobs for members of the Boston Building Trades.<\/p>\n

The joint venture originally acquired the buildings at 660 and 720 Harrison Ave., 575 Albany, 100 East Canton, and 123 East Dedham in late 2014 as Boston Medical Center implemented a consolidation and renovation of its campus.<\/p>\n","protected":false},"excerpt":{"rendered":"

Land previously occupied by Boston Medical Center is tentatively slated for multifamily development. <\/p>\n","protected":false},"author":451,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21782,21825,21742],"tags":[39390],"class_list":["post-1004131783","post","type-post","status-publish","format-standard","hentry","category-boston","category-development","category-finance","category-latest","tag-boston"],"acf":[],"yoast_head":"\nProposed MF Could Bring 700 Apartments to Boston\u2019s South End - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/proposed-mf-could-bring-700-apartments-to-bostons-south-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proposed MF Could Bring 700 Apartments to Boston\u2019s South End\" \/>\n<meta property=\"og:description\" content=\"Land previously occupied by Boston Medical Center is tentatively slated for multifamily development.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/proposed-mf-could-bring-700-apartments-to-bostons-south-end\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-17T15:33:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-11T07:16:37+00:00\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/proposed-mf-could-bring-700-apartments-to-bostons-south-end\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/proposed-mf-could-bring-700-apartments-to-bostons-south-end\/\",\"name\":\"Proposed MF Could Bring 700 Apartments to Boston\u2019s South End - 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