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South End Real Estate: New Development? Maybe.

There is yet another project in Boston to get excited about. The South End may soon be impacted by a large development that will re-shape and re-define this portion of the neighborhood. The Boston Herald has recently vacated a site in the South End that they occupied for years to now be located at the Seaport District. National Development, the new owners of this large 6-acre property, are the en-visionaries who are planning quite the transformation.

475 apartments ranging from one to three bedrooms are the primary goal for this project. Of course, holding firm with the law and public expectations, 15% of these units will be made into affordable housing living spaces. Many shops, fine-dining restaurants, and even a large grocery store are all going to be combined into what the developers are terming the area, The Ink Block. 400 spaces for parking, as well as an array of other smaller and larger buildings from five up to the nine story rendering of a building to be at Herald Street and Harrison Avenue, are all being proposed.

An authentic city block is the feel that is hoped will eventually be created. Differentiating architectural styles, colors and purposes of the buildings and spaces are all contributing to this notion. Although no word has been publicly released as to the dollar amount for such an overhaul of this plot, but estimates are up in the hundreds of millions for now. Only time will tell if this project will break ground and how long it will take until completion. However, if it does, it is going to be one of the largest residential developments this city has ever seen.

http://boston.curbed.com/archives/2012/02/hey-something-big-could-be-built-in-the-south-end.php

http://articles.boston.com/2012-02-02/business/31017837_1_largest-residential-developments-south-boston-waterfront-project

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