O’Brien Saddles Up for Next Big Project
Tom O’Brien is not shy about taking on challenging projects. Now he faces another potentially daunting endeavor, as he pushes ahead with plans for a large lab and housing complex in Roxbury’s Nubian Square.
Tom O’Brien is not shy about taking on challenging projects. Now he faces another potentially daunting endeavor, as he pushes ahead with plans for a large lab and housing complex in Roxbury’s Nubian Square.
HYM Investment Group CEO Thomas O’Brien makes his living tackling some of the most complex developments in Boston, transforming landmark properties into massive mixed-use projects like Roxbury’s P3, downtown’s Bulfinch Crossing and East Boston’s Suffolk Downs.
An advisory group backed plans for a major commercial development that would tap into Boston’s life science boom and create an estimated 2,700 jobs in one of the city’s poorest neighborhoods.
Neighborhood activists founded Madison Park Development Corp. in the 1960s to fight urban renewal and its demolition of Roxbury properties. Now, its new head Leslie Reid is looking to accelerate affordable housing production on long-neglected parcels.
Two years after the last effort to develop Roxbury’s long-fallow parcel P3 collapsed, the Boston Planning & Development Agency formally kicked off a new competition Thursday to extend the city’s building boom there.
By making three changes to their request for proposals, Boston officials have simultaneously made it much more likely this fallow legacy of urban “renewal” will be developed while lifting up communities who’ve too long been given short shrift.
Boston’s life science boom offers a fresh chance to spread economic benefits to Roxbury’s most important development parcel as the city prepares to solicit proposals for the 7.6-acre site.
Roxbury’s city-owned parcel P3 has been a place where development proposals go to die, despite the periodic efforts of top elected officials to spread some of Boston’s building boom into a neighborhood long starved of private real estate investment.