First look: ‘Transformative’ 710-unit residential project planned in South End

Leggat McCall Properties on Monday submitted an expanded project notification form to the Boston Redevelopment Authority that highlights in greater detail the firm’s plans for a “transformative, contemporary development” spanning a full city block in the South End.

The project team has named the project the “Harrison Albany Block” and proposed 710 residential units, a 40,100-square-foot office and 14,100 square feet of retail space for a 3.1-acre site in the South End formerly owned by Boston Medical Center. The site is bordered by Harrison Avenue and East Dedham, East Canton and Albany streets.

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Leggat McCall is developing the project in association with Bentall Kennedy, a real estate investment advisory firm affiliated with $7.5 billion real estate equity fund Multi-Employer Property Trust, and The Bozzuto Group, a residential real estate firm. Bentall Kennedy is the investment adviser, Multi-Employer Property Trust is the equity investor and The Bozzuto Group is the development adviser, the project team said. The Harrison Albany Block project was designed by CBT Architects.

“The project site, purchased from Boston Medical Center, is an underutilized site dominated by a surface parking lot and partially occupied medical office buildings that do not activate the street level in a meaningful way, resulting in uninviting streets and a challenge in creating a sense of place,” the development team wrote in the expanded project notification form.

The development team has proposed demolishing 123 E. Dedham St., 100 E. Canton St. and 75 E. Dedham St. and building an 11-story residential building and a 19-story residential building in their place. The team also intends to renovate the historic 575 Albany St., a 45,500-square-foot vacant office that dates back to 1904.

At full buildout, the project will span 710,500 square feet of new and renovated space. The 19-story residential tower will span 200 feet and include 487 units and 4,200 square feet of ground-floor retail, while the 11-story residential tower will span 120 feet and include 223 units and 4,500 square feet of ground-floor retail. The renovation of 575 Albany St. will include 40,100 square feet of offie and another 5,400 square feet of retail.

The Harrison Albany Block will also include a 41,449-square-foot open space with a central pedestrian green in between the two residential building as well as open courtyard space.

Some of the 710 units will be a mix of market-rate and affordable units as well as units targeted to working artists.

“The project site, long owned by Boston Medical Center, was formerly tax-exempt,” the development team wrote in its BRA filing. “The project, when completed, is anticipated to generate $3.2 million in annual property-tax revenue.”

The development team anticipates starting construction in the first quarter of 2017, reaching full buildout by the third quarter of 2022. The team proposes the 19-story residential tower, garage and the rehabilitation of 575 Albany St. to begin first and take 26 months, while the 11-story residential tower would start once phase 1 is completed and take 18 months.

Original Article by Boston Business Journal – Click Here

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