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$1.4 Billion Housing Redevelopment Project Moves Forward in Boston


$1.4 Billion Housing Redevelopment Project Moves Forward in Boston
The 80-year-old Bunker Hill public housing complex will be replace according to a plan approved recently by the Boston Planning and Development Agency.
January 19, 2021, 7am PST | James Brasuell |
The Boston Planning and Development Agency board recently approved zoning for a 2,700-unit public housing complex that will replace 1,100 low-income apartments in the neighborhood of Charlestown in addition to adding the difference in market-rate apartments and condos, according to an article by Tim Logan.
The $1.4 billion project, which has been in the works since 2015, is the most ambitious effort yet by the Boston Housing Authority to leverage the city’s hot real estate market to refresh decades-old public housing, reports Logan. Under a deal with the city, developers Joseph J. Corcoran Co. and Leggat McCall Properties would overhaul the 26-acre site on the northern edge of Charlestown, gradua ....

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