
Despite Green Light, Cambridge Housing Proceeds with Caution
Affordable developers have been treading carefully despite theoretical zoning permission to build tall, including shrinking buildings to placate neighbors.
Affordable developers have been treading carefully despite theoretical zoning permission to build tall, including shrinking buildings to placate neighbors.
A $10.5 million real estate deal with Lesley University creates an opportunity for a major affordable housing development in Cambridge’s Porter Square.
The first housing permitted under the city of Cambridge’s affordable housing density bonus program celebrated its groundbreaking last week next to North Cambridge’s Danehy Park.
The city sought to remove barriers to affordable housing construction by cutting permitting times and costs. And while funding shortfalls will hurt its full potential, it already appears to be working.
Backers of a multifamily rezoning effort were thoroughly routed in Newton last night’s local elections, while a slate of councilors who backed one of the biggest housing-focused upzonings in recent Cambridge history cruised to victory.
Cambridge city councilors approved building heights up to 15 stories for all-affordable housing projects in some of the city’s major commercial districts.
A group of Cambridge city councilors wants to build on the success of the city’s affordable housing zoning overlay by giving affordable developments big density bonuses in Cambridge’s busiest squares and corridors.
Developers seeking predictable approvals and diminished threat of drawn-out legal challenges are eager to tap into Cambridge’s new zoning designed to encourage 100 percent affordable projects.
A citywide overlay district will make it easier for developers to build multifamily housing in Cambridge following a 7-2 vote by city councilors.