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The developer of Boston’s South Station Tower and a Framingham real estate investor are partnering on plans that would bring 316 apartments to an industrial site in Allston.

A joint venture of Hines and Framingham-based Calare Properties acquired a pair of parcels at 22 and 24 Pratt St. in August 2022 for $15 million, according to Suffolk County deeds.

The developers plan to demolish the 24,000-square-foot warehouse and two-family home on the 2.2-acre site bordering the MBTA commuter rail tracks.

The project, which requires approval by the Zoning Board of Appeal and Boston Planning Development Agency, would include a single building with a mix of unit sizes ranging from studios to three bedrooms, according to a notification letter submitted by Hines’ Boston office.

Calare has specialized in industrial development and acquisitions in the Boston suburbs along with an office-lab conversion in Framingham.

Houston-based Hines’ signature project in Boston, the South Station office-condominium tower, marked a construction milestone in March with completion of the podium and the start of work on the office floor plates.