256 Apartments Proposed in Jamaica Plain
A gas station and an auto body near the MBTA Orange Line’s Green Street station would become hundreds of new apartments if Boston officials approve a development proposal from Boston Real Estate Capital.
A gas station and an auto body near the MBTA Orange Line’s Green Street station would become hundreds of new apartments if Boston officials approve a development proposal from Boston Real Estate Capital.
Boston’s two-year-old experiment with a new compact living model has attracted steadily increasing interest from housing developers willing to take a flier on its financial promises of lower costs.
In addition to approving landmark projects in Allston and Kenmore Square, the Boston Planning & Development Agency board approved three multifamily projects, including a controversial condominium development on the site of a financially struggling community center, at its Thurdsay meeting.
A plan intended to let one of Boston’s last affordable neighborhoods along the southern end of Washington Street and the Orange Line grow without displacing current residents instead created an incentive structure where developers can’t build the volume of affordable units needed to keep rents in check.
Two years after the Boston Planning and Development Agency approved the JP/Rox Plan guidelines, the program has neither sparked a massive building boom nor drastic changes in how private and nonprofit developers are designing and financing projects.