Banker & Tradesman | By Steve Adams
December 9, 2016
A 131-unit apartment tower is proposed for a site in Boston’s Bay Village where development proposals for luxury condos and an office building failed in the past decade.
A new development team submitted designs by Sasaki Assoc. for a 19-story, 146,000-square-foot rental complex on four parcels at 212-222 Stuart St. and 17-19 Shawmut St.
Transom Real Estate LLC and Wheelock Street Capital said the project will “transform a blighted urban infill site into a high-quality building,” according to the project notification form filed this week with the Boston Planning and Development Agency. The facade, consisting of 3- to 9-foot-wide scalloped panels, would be “completely unique and new to Boston,” generating long curving shadows on the building when the sun is low.
The 7,712-square-foot site contains a 20-space parking lot, parking attendant structure and vacant land previously occupied by a former chapel-turned-restaurant building that was demolished in 2014 by the previous owner.
Plans for an 8-story residential building on the 212 Stuart St. parcel were approved by the Boston Redevelopment Authority in 2006. A revised proposal for a 65,700-square-foot office and retail building incorporating the 222 Stuart St. property was approved in 2008 but never broke ground.
Stuart Acquisition 12 LLC acquired 212 Stuart St. on May 6 for $6 million, according to data from The Warren Group, publisher of Banker & Tradesman. Stuart Acquisition 22 LLC paid $7.5 million for the 17-19 Shawmut St. parcel, also on May 6.