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Boston Real Estate News: 427 Residential Units Approved by the Boston Redevelopment Authority

new projectsThe Boston Redevelopment Authority has approved 10 development proposals which will bring the city a total of 427 new residential units across downtown, South Boston, East Boston, South End, Allston, Brighton and Mission Hill.

The projects include:

A 16-story, 223-unit residential building will take the place of a nine-story structure on a four-acre tract of East Bostons waterfront property along New Street. This project cost is expected to total $132 million.

110 Broad Street along the Rose Kennedy Greenway in downtown Boston will include 40 residential units and 3,500 square feet of ground-floor retail space.

The one-story Brighton Beer Garden will be demolished and replaced with a five-story, 23-unit residential building with 600 square feet of ground-floor retail. The project cost is expected to total $4.9 million.

A six-story, 65-foot-high, 48 unit residential building in Allston will take the place of an open-air parking lot and a single family home.

The Factory at 46 Wareham in the South End will be redeveloped into a 64,530 square-foot mixed-use development. It will include retail, 15 units of residential and one level of below-grade parking. The project cost is expected to total $8 million.

151 Liverpool Street in East Boston will be rehabilitated and expanded into a 38,000 square foot, five-story, 24-unit residential building.

A Future Automotive Inc. site in East Boston will be demolished to build a four-story, 14-unit residential building.

The former New England Baptist Hospital in Mission Hill will be redeveloped into a 40-unit residential building.

Other approved projects include an expansion of Emerson Colleges student housing and the renovation of the vacant Boston Tech Center in Brighton into a state-of-the-art, three-rink skating facility. Each of these developments combined will total a project cost of $353.65.

Source: Boston Business Journal

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