The Boston Redevelopment Agency (“BRA”), doing business as the Boston Planning & Development Agency (“BPDA”), is soliciting responses to a Request for Proposals (“RFP”) for the redevelopment and ground lease of the former Building 108 Power Plant Site (“Leased Premises”) located at the intersection of Third Avenue and Ninth Street on a portion of Parcel NY-1 in the Historic Monument Area of the Charlestown Navy Yard within the Charlestown Urban Renewal Area, Project No. Mass. R-55. The Leased Premises consists of approximately 40,668 square feet of land area and is currently occupied by Building 108. Building 108 is expected to be demolished in the spring and summer of 2020 due to its deteriorating condition and the environmental contaminants present in the building. After demolition, the Leased Premises may carry an Activity and Use Limitation restricting certain uses as a result of contaminants that are not able to be fully remediated. Redevelopment plans should be coordinated with the National Park Service's adjacent property at Building 107.
This RFP seeks to secure redevelopment of the Leased Premises for residential, research and development, commercial, office, or local retail uses.
Design is subject to the Secretary of the Interior’s Standards for the Treatment of Historic Properties, the Charlestown Navy Yard Design Guidelines for Reuse for the Historic Monument Area, and the Charlestown Navy Yard Program for Preservation and Use. Per these guidelines, new construction must be contained within the volume of the original massing (approximately 206 feet in length, 150 feet in width, and height ranging from 55 feet at the north elevation to 36 feet at the south elevation.) This RFP further requires that any redevelopment of the Leased Premises be subject to and consistent with applicable zoning, the Charlestown Urban Renewal Plan, 41 CFR 102-75.455(c), the 1991 Municipal Harbor Plan and the 1990 Charlestown Navy Yard Master Plan.
The BRA expects a ground lease price proposal of at least $10 per gross square foot of floor area per year upon project stabilization. However, the BPDA may consider an offer price below the asking price if the proponent can demonstrate clear and quantifiable public value in a proposal that includes an offer for less than the appraised value.
The Leased Premises is intended for disposition through a long term ground lease by the BPDA pursuant to the RFP. The Leased Premises is being offered as is, without warranty of any kind, express or implied. If concerned about the Leased Premises condition, legal or physical access and the maintenance thereof, property lines or boundaries or any other matter affecting the Leased Premises, prospective developers should investigate and conduct whatever due diligence and inspection deemed necessary.