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Real Estate News: Boston Developer Plans to Bring New Life to Dorchester

XSTU0758.JPGA new mixed- use residential and retail project is set to go up just half a mile from the Savin Hill MBTA station at the intersections of Pleasant Street and Greenmount Street in Dorchesters Savin Hill.

According to the Boston Redevelopment Authority, a site that has been vacant for over a decade will be the home of a brand new development. When completed the projectis said to consist of 260 residential units, 40,000 square feet of retail space, and a 400-space parking garage off Dorchester Avenue.

In general terms, I think people are very excited about the project excited about something happening there and adding some vitality. That area at night tends to be a little quieter, so I think with people living there and businesses, it will be a great addition. said Eileen Fenton, chairwoman of the Columbia Savin Hill Civic Associations Planning Committee.

Atlas, a Boston developer, has a phased development plan for this new Savin Hill Community. According to the Boston Herald, the first phase, on the northern portion of the site, would include 64 two-bedroom condos in eight four-story buildings along Pleasant and Greenmount streets, and 50 condos or rental units in a five-story building.

The second phase of the development, on the southern portion, would include two, six-story mixed-use buildings with 145 residential units along Hancock and Dorchester Avenue, with a 20,000-square-foot landscaped roof deck for tenants. Other planned amenities include a pool, a fitness facility, and a four-level garage.

Atlas has been getting word out early to the community working with a Savin Hill resident and real estate consultant to handle the projects community and government relations. Being sure to take all feedback into consideration with their planning, Atlas is closely working with the community and abutters to be sure this mixed-use development will benefit all Dorchester residents.

Source: Boston Herald

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