BRA board approves nearly $152m in new development

The Boston Globe | By Chris Reidy
October 17, 2014

The board of Boston’s city planning agency approved six new development projects that together represent $151.7 million worth of investment and nearly 674,000 square feet of construction.

The agency, the Boston Redevelopment Authority, said the approvals, made at a Thursday night meeting, pave the way for 195 new units of housing to be developed in Brighton, South Boston, and downtown.

Among the projects approved is a $45 million plan for a 12-story residential development along the Rose Fitzgerald Kennedy Greenway. The development at 55 India St. will have 44 condos and 4,000 square feet of ground floor commercial space. The developer is Boston Residential Development LLC. Hacin + Associates is the project architect.

Another project getting the green light is a $30 million boutique hotel near North Station. The site of a former bank branch at the corner of Canal Street and Valenti Way will be redeveloped by Somnath Hospitality LLC as a 90-room hotel, the BRA said.

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