Parcel 13

TPC Boston Parcel 13 Holdings, LLC (the "Proponent"), an affiliate of The Peebles Corporation, filed a Revised Letter of Intent ("LOI") with the Boston Planning & Development Agency ("BPDA") on Thursday, April 7th, 2022 for the proposed development of Air Rights Parcel 13 in the Back Bay neighborhood of Boston. The Parcel 13 site is located on the northeast corner of the intersection of Massachusetts Avenue and Boylston Street, partially over the east and west bound lanes of the Massachusetts Turnpike and partially over the MBTA Green Line Hynes Station. The proposed project comprises two main building elements: a 10-story, 125-unit, 100% affordable apartment tower and an approximately 300,000 sf, 12-story, lab/office building. The project will make accessibility and compliance upgrades to the MBTA’s Hynes subway station, and will include a micro-mobility hub, consisting of over 100 public bicycle spaces with lockers open to the public. The project will not have any on-site parking.