An affiliate of the Chinese Economic Development Council has recently announced its plans to develop a new affordable housing complex in Chinatown. Known for its rich history and great food, Boston’s Chinatown is the third largest of its kind in the United States. With only New York and San Francisco boasting a larger population, Boston’s Chinatown is in great need of additional housing for its numerous residents. The proposed housing complex will offer 67 units of additional living space within the region.
Funding for the new project will come from a variety of sources. $14.6 million of the funding will come from a tax-exempt bond provided by MassDevelopment to CEDC Oxford Ping. An additional $10.9 million will be provided by the Massachusetts Department of Housing and Community Development, which has approved a federal low-income housing tax credit toward the project.
Plans for the project include constructing an 11-story building on the area that is currently a paved parking lot at the corner of Oxford and Ping On streets. As such, the building will be named simply Oxford Ping On. The complex will be specifically designed to provide housing opportunities for those who are earning no more than 30 to 60 percent of the median income for the area. The proposed building will feature 48 studio units as well as 16 one-bedroom units and 3 two-bedroom units.
Due to the location of the new building, traffic issues are likely to increase in Chinatown. Located at the end of the downtown shopping and financial districts, Chinatown is an easy walk from other nearby areas. The community offers plenty of opportunity to become immersed in Chinese culture while also purchasing unique gifts and exotic foods. Some of the biggest attractions that Chinatown has to offer include:
- Hayden Building: Constructed in 1875 and designed by Henry Hobson Richardson, the building was placed on the National Historic Register in 1980. Each room has a sign explaining its historical significance and walk-ins are welcome. Located at 681-683 Washington Street.
- Kam Man Foods: Grocery store specializing in Chinese foods, herbs, teas, cooking utensils and ceramics, with all items shipped directly from China. Located at 219 Quincy Avenue.
- China Pearl: One of over 200 restaurants available in Chinatown, China Pearl is known for its award-winning customer service, cleanliness, fast service and fresh food. The restaurant has received many positive reviews from numerous publications, including the Boston Herald and the Boston Globe. Located at 9 Tyler Street in the middle of Chinatown. The Boston theater district is also located nearby.
- Imperial Seafood House: Another popular restaurant choice, particularly for those who wish to enjoy a specialty seafood dish. Located at 70 Beach Street.
Aa number of festivals also take place in Chinatown each year. Some of these include the August Moon Festival, which takes place in the middle of August each year, and the Chinese New Year Festival and Parade. These events provide visitors with additional opportunities to enjoy Chinese culture through dance, music, art and other activities.