The next wave of development in the Fenway neighborhood will bring a 5,400-seat concert hall to the home of the Boston Red Sox and a 184-room hotel less than a block away.

Boston Planning and Development Agency directors Thursday approved the four-story, 91,500-square-foot Fenway Theater, which will built at the rear of the bleachers, along with new concessions areas with views of the playing field.

Built on a 1.5-acre triangular parcel at Ipswich and Lansdowne streets, the development also replaces a parking lot and back of the house ballpark functions. Team owners Fenway Sports Group are partnering with Live Nation which will book musical acts and manage the venue.

The project calls for 32,000 square feet in new Fenway Park fan amenity areas and renovations to the Fenway Garage service areas for both the ballpark and concert hall.

Fenway Sports Group agreed to $1.3 million in public realm benefits including widening Landsdowne and Ipswich street sidewalks, pedestrian safety measures including bollards and two new bus shelters for the MBTA 55 bus route. The community benefits package includes a donation of $500,000 to the Boston Arts Academy and up to five discounted concert tickets a year for residents of the Fenway, Kenmore and Audubon neighborhoods.

The hotel project, led by Taylor Callaham and Vincent Tiberi of OTO Development, calls for 184 guest rooms in a eight-story, 105,000-square-foot building. Developers will donate $100,000 to the Boston Parks and Recreation Department, $25,000 to the Fenway Garden Society and $20,000 to the Fenwtay Community Development Corp.

The parcel at 1241 Boylston St. currently contains a Shell service station.

Fenway Getting a New Hotel and Concert Hall

by Steve Adams time to read: 1 min