Boston’s horizon is always showing signs of change and at quick rates nowadays with many new development ventures being raised. Boston’s Downtown Crossing is presently preparing itself for its most recent expansion. A New York developer has proposed a 59-story building for the neighborhood that would be record setting as it would surpass the height of the close-by Millennium Tower. Plans for the building were originally shared in 2008 yet these new revised plans are an improvement with a larger scope of development..
Midwood Investment and Development has created plans for the mixed-use building. Plans call for more than 600,000 square feet and will include a glass tower on top of its five story glass base. Towering at 700 feet including mechanicals, this will be significantly taller than the 60-story Millennium Tower which is 685 feet tall comprehensive of mechanicals. Adrian Smith and Gordon Gill Architecture who designed Rowes Wharf are in charge of the design of the building.
The all-inclusive strategy for the building incorporates apartments, condos and retail. In particular, the tower would incorporate 300 apartments on the lower levels and 119 condos on the upper levels. Retail space will be span over 30,000 square feet situated on the lower two stories with lobbies held for the private tower access. Parking for 235 vehicles will likewise be incorporated.
“As part of the outreach process, the architectural team is re-introducing the project to the BCDC to secure their input,” company spokeswoman Pam McDermott said.
Previously, the plan had outlined a 28 story building with 407,000 square feet including retail, 276 rental apartments and 200 parking spaces. A final draft of the project impact report is expected to be filed by sometime in May according to Midwood.
“We’re excited about the potential redevelopment of this block, but…there’s a lot of work we have to do to look at the size and scale of this project and how it impacts Downtown Crossing and the surrounding area, including Boston Common and other historical sites,” said Jon Greeley, BRA director of development review. “A project of this character is going to have an extensive review, both in terms of thoroughness and likely time.”
Midwood had also shared the preliminary plans with the Midtown Cultural District Residents’ Association. “The neighborhood has seen an exceptional increase in both new developments and residential density over the last few years,” said Rishi Shukla, an executive committee member. “The master urban plan for downtown needs to be updated to ensure that all developments and their associated opportunities and challenges can be assessed holistically.”
For the original article visit Bethdickerson.com
Beth Dickerson is Senior Global Real Estate Advisor for Gibson Sotheby’s International Realty, Boston, Mass.