Image courtesy Embarc Design

Allston-based City Realty submitted plans to redevelop a Dorchester parking lot as a 52-unit apartment complex and elevate the site to protect the structure from coastal flooding.

The 13 Norwood St. project would occupy a 0.4-acre lot bordering the MBTA Red Line tracks in the Pope’s Hill neighborhood. Developers estimate the project cost at $18.9 million, according to a project notification form submitted to the Boston Planning & Development Agency.

Designed by architects Embarc Design, the four-story building would include 50 parking spaces. City Realty hopes to break ground in the third quarter of 2023 and complete construction in early 2025.

Located in a FEMA flood hazard area, the project would raise the ground floor nearly 5 feet from the existing grade to protect it from future sea level rise, with units located on the second through fifth floors. Amenities will include a common roof deck and private outdoor terraces in most units.

The project will require variances from the Boston Zoning Board of Appeal for building height, floor area ratio and minimum rear yard setback.

A public comment runs through Dec. 2.