This project will bring 21 new homes to South Boston, four of which will be income-restricted. The new four-story building will have ground floor retail space, and is consistent with the neighborhood context while providing much needed housing. As a transit-oriented project, multiple bus routes in the area provide access to the MBTA Red Line. The project will improve the public realm with new bike parking spots and better sidewalks to prioritize pedestrian safety. In support of the bikeshare system, this project will contribute $5,775 to the Boston Transportation Department.
776 Summer Street Phase Two Development Plan will reimagine former power plant as waterfront destination
Housing: Approximately 636 residential units, 16 percent income-restricted developed in compliance with the City of Boston IDP policy, $8.9 million in Linkage funding for NHT
Jobs: $20 million in community and workforce investment, $1.7 million in Linkage funding for the NJT, approximately 1,151 construction jobs, approximately 1,182 permanent jobs
Community: Two acres of new open space, Bluebike station, $400,000 BTD contribution for “Vision Zero” improvements, waterfront activation
Sustainability: LEED Silver, Passive House, all-electric residential buildings, EV parking, adaptive reuse of historic Thomas Edison Turbine Halls
Located in South Boston, this project is Phase 2 of a larger redevelopment and reimagining of the historic Boston Edison power plant into a waterfront destination. The Phase 2 development plan includes four new buildings and the rehabilitation of and adaptive reuse of the 1898 Turbine Hall along 6.8 acres of formerly industrial land. Those four buildings will include up to 636 residential units. Sixteen percent of these units will be income-restricted, developed in compliance with the City of Boston’s IDP policy and consistent with the PDA master plan. The buildings will also include a mix of: hotel and conference space, a bank and post office, healthcare facilities, offices, restaurant and retail space, as well as research and development space. This project will provide $8.9 million in Linkage funding towards affordable housing, and $1.7 million in Linkage funding towards job training. The Phase 2 development plan will deliver improvements to East First and Summer Streets including new sidewalks, roadways, landscaping, and other improvements to the public realm. Phase 2 will also include approximately 728 long-term bike parking spaces, 143 short-term spaces, and one new bikeshare dock on site. In addition, Phase 2 will include two acres of new public open space. This project will include employment and apprenticeship opportunities by working with local organizations to promote jobs in the construction trades to local veterans, as well as local high school students. In addition, there will be various efforts to ensure South Boston residents are aware and can apply for a range of employment opportunities created by the construction and tenanting of this site. Space will also be set aside for local South Boston businesses or other City-or State-certified disadvantaged small businesses to lease either for free for a discounted rate.