Allston Yards — the biggest project Allston-Brighton has seen — cleared its last major hurdle with city planners on Thursday for the four-building, 1 million-square-foot development that will bring 868 new residences over the next four or so years.
The massive 10.6-acre redevelopment by Stop & Shop Supermarket Co. and New England Development will transform a grocery store, strip mall and sprawling parking lot alongside the Mass Pike into a brand new city neighborhood. The four-building development will bring 868 new housing units — including 148-income restricted units — a flagship grocery store, office space, retail and a one-acre public community green space that will be used for public art exhibits, music concerts and holiday festivals.
The project will also create about 2,000 permanent jobs thanks to the inclusion of Stop & Shop’s flagship grocery store.
The approval by the Boston Planning & Development Agency on Thursday comes after a two-year community process that resulted in decreasing the development’s density and upping the developer’s contributions to affordable housing and transportation. Developers will pay $4 million to the Allston Brighton Homeowner Fund to help fund down payment assistance, home-ownership programs, home repair loans and more for income qualified individuals. Another $2.5 million payment will go to the MBTA for surrounding bus and commuter rail enhancements.
The first phase of the four-year build-out will be Building A — an 85-foot building that will include the grocery store and a mix of housing.
The BPDA also approved four other large development projects on Thursday that will — in total — create an additional 176 residential units, including 86 income-restricted units. They include 66 condominums including 11 income-restricted and artist live-in work spaces at 566 Columbus Ave. in the South End, 45 housing units with 10 income-restricted and artist live-in work spaces at 10 Stonely Road in Jamaica Plain, and 65 apartments — all of which will be income-restricted — at 1595-1599 Columbus Ave. in Jamaica Plain.
The board also approved the Kenmore Hotel — a 29-story tower that will bring 391 hotel rooms and will reconfigure Fenway’s Kenmore Square. The project includes 13,300 space of street-level retail and a new, half-acre public plaza. Developers Mark Development and Buckminster Annex Corporation will also contribute $1.29 million to support affordable housing.
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December 13, 2019 at 11:01AM
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Allston Yards wins key approval to build 868 new units - Boston Herald
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