New Boston Developments

A number of developments are in the works in the Boston area. Here’s a look at a few of the developments that are coming to the area.

M.I.T.’s Volpe Center Development

After purchasing the Volpe transportation hub in Kendall Square from the federal government in January, M.I. T. has shared its vision for what it wants to do with the space. According to its plans, the school will build at least 1,400 housing units and 1.7 million square feet of offices and research space. Plans also call for the construction of retail space on the 14-acre expanse of land. Current plans call for the nine buildings to range in height from 135 to 500 feet, with 500 feet being significantly taller than any other building currently located in Cambridge. In fact, M.I.T.’s Green Building is currently the tallest building in the area at 295 feet. With development plans still in their early stages, it remains to be seen if the final plans will call for buildings that are this tall.

Bulfinch Triangle’s Forecaster 121 Condo Nearly Complete

Pizzuti Development is nearly done with its conversion and four-floor extension of the old six-story Forecaster of Boston raincoat warehouse. Located at 121 Portland Street in the West End’s Bulfinch Triangle, the development boasts 80 condos ranging in price from $625,000 to $1,275,000. Sizes range from one-bedroom, one-bathroom 480-square-foot units to two-bedroom, two-bathroom 1,139-square-foot units. Owners are expected to start moving into the condos by the end of this month.

Boston World Trade Center Redevelopment

Pembroke Real Estate is reportedly considering the possibility of hiring an outside firm to assist with the redevelopment of the 800,000-square-foot Boston World Trade Center complex located along the Boston waterfront. While nothing is concrete at this time, Pembroke has indicated that the redevelopment will likely include the addition of retail space as well as the expansion of the 428-room Seaport Hotel located next door.

Allston Development to Add Over 1,000 Apartments

Stop & Shop grocery reportedly plans to build up to 1,010 housing units on the 11-acre site located next to its massive complex on Boston Landing. According to preliminary plans, Stop & Shop will start with a 360-unit residential building along with a new supermarket at 60 Everett Street to replace the one that is currently there. Plans then call for adding an additional 650 units along with retail space, parking and possibly office space at a later date. The company is also reportedly looking at constructing a street and a bikeway through the project, but none of the plans have yet been finalized and the company has not released a timeline for development.

Somerville’s Assembly Row Expanding

Developer Federal Realty has released additional information regarding its ongoing expansion of its mega-development in Assembly Row located along the banks of the Mystic in Somerville. Once complete, the expansion will increase the approximately 100 residences in the area to more than 1,000. More than 20 new restaurants and shops are also expected to open this spring, while a 20-story, 447-unit residential building containing a bocce court is also scheduled to begin leasing at about that time. The expansion will also include the first hotel in Assembly Row.

Get your Instant Home Value…