Seaport District developer Howard Hughes Corporation bought a “lot” of fantastic information this week.
Capping a a long time-lengthy struggle, the Landmarks Preservation Fee on Monday permitted plans for a new apartment tower at 250 H2o St. – which is now a a single-acre vacant great deal.
The commission’s 6-2 vote allows HHC’s program to commence the city’s 7-month Uniform Land Use Overview Procedure this thirty day period. The venture doesn’t demand a zoning modify, but it desires a distinctive allow for height and an air-legal rights transfer from the close by Tin Constructing and Pier 17.
As part of ULURP, the proposal will have to be reviewed by the Metropolis Council. Its possibilities of acceptance are regarded as superior as it’s backed by local member Margaret Chin. The full Council generally defers to the wishes of the community member on progress challenges.
HHC acquired the land for $180 million in 2018 as section of its strategy to redevelop the Seaport, in which it designed a new Pier 17. But its ambition for 250 H2o St., which was a primarily vacant eyesore for decades, was stymied by some locals who feared losing their river views and by the Landmarks panel as properly, which turned down a bigger plan in January.
HHC revised the style and reduced it from 757,000 sq. toes to 550,000 square ft. Two 470-foot towers were scaled down into a single setting up 300 feet tall made by SOM.
Even that was bitterly opposed by some community activists – particularly people of Southbridge Towers across the avenue who did not want their views blocked.
In truth, the former parking great deal was squeezed into the South Avenue Seaport Historic District – the place new initiatives demand Landmarks approval – in the 1970s primarily to appease Southbridge citizens who experienced the aid of several elected officers.
A number of Southbridge tenants even recently urged the city to use 250 Water as a tow pound in get to block building. Nevertheless, far more than 700 locals wrote to the Landmarks panel in aid of HHC.
The $750 million-$800 million undertaking will have neighborhood areas, place of work suites and residences, of which 70 will be cost-effective rentals.
It also features a lengthy-expression determination by HHC to hold the economically-strapped South Street Seaport Museum afloat.
HHC tristate-location president Saul Scherl thanked the Landmarks Fee for its “thoughtful feedback.” He claimed the H2o Avenue challenge would participate in a “vital part in the city’s inclusive write-up-pandemic economic restoration.”