88 Black Falcon Avenue

DIV Black Falcon, LLC, an affiliate of The Davis Companies (collectively, the "Proponent") filed a Letter of Intent ("LOI") with the Boston Planning & Development Agency ("BPDA") on December 10th, 2020 regarding the proposed redevelopment of the property owned by the Massachusetts Port Authority ("Massport") and known as 88 Black Falcon Avenue in the Raymond L. Flynn Marine Park ("RLFMP") of the South Boston Waterfront. The Proponent proposes a four-story vertical addition of approximately 330,600 square feet to the existing three-story structure, which presently consists of approximately 353,910 square feet of Gross Floor Area. With the proposed vertical addition, the 88 Black Falcon building would total approximately 684,510 square feet of Gross Floor Area. The redevelopment proposal also includes expanded parking facilities for approximately 174 vehicles, such that the property would contain a maximum of 729 parking spaces, and site improvements. The Proposed Project is contemplated to include water-dependent/maritime uses, as well as office, research and development, and laboratory uses and will be subject to a future license application under M.G.L. Chapter 91.The NPC, filed with the BPDA on April 4, 2023, describes the proposal to undertake the previously approved Project in two phases.Phase 1 would comprise rehabilitation of the existing building for laboratory/R&D/office use, including the construction of a vertical access addition, demolition of the existing parking ramp and construction of a new ramp, redesign and reconstruction of the Drydock Ave/Black Falcon Ave intersection, and other site improvements.Phase 2 would comprise construction of the previously approved 327,600 sf, three-story vertical addition, expansion of the rooftop overlook area, construction of three vertical access additions on the south side of the building, and expansion of the existing parking deck to accommodate 174 additional parking spaces.