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. Due to Building 108’s deteriorating condition and the presence of environmental contaminants, it is expected to be demolished with completion estimated for December 2021. 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 may 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 BPDA 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.
The RFP package will be available on the BPDA Procurement Portal at www.bostonplans.org/work-with-us/procurement on September 9, 2020; if unable to access the RFP package through the BPDA Procurement Portal, contact Morgan McDaniel, Real Estate Developer Officer, at (617) 918-6250 or via email to: Morgan.E.McDaniel@boston.gov in order to make alternative arrangements.
Completed proposal applications must be submitted as instructed and returned directly to the BPDA, Municipal Protective Services Desk, 12 Channel Street 1st Floor, South Boston, by October 21, 2020, no later than 12:00 PM. Late proposals will not be accepted. A fee of $10,000.00 is payable upon submission of proposals, refundable for those proponents not selected.
For more information about this Request for Proposals, contact Morgan McDaniel, Real Estate Development Officer at (617) 918-6250 or via email to: Morgan.E.McDaniel@boston.gov.