Massport says nine teams want to build affordable housing on land in Seaport
New England Council member, the Massachusetts Port Authority (Massport), has seen significant interest from developers for a residential project with an affordable focus that the port authority wants to build on land off D Street in the Seaport. Massport reported on Thursday that nine teams have expressed a serious interest in the project.
Massport estimates that its 27,000-square-foot site, adjacent to its South Boston parking garage, could accommodate a tower with as many as 18 stories and 200 apartments. The bidding teams are: Beacon Communities and RISE Together, The Community Builders and Menkiti Group, Cruz Development Corp., L&M Development Partners, The Michaels Organization and Boston Partnership for Community Reinvestment, Preservation of Affordable Housing and DREAM Development, Standard Communities, the Cronin Group, and the Caribbean Integration Community Development, Trinity Financial and the South Boston Neighborhood Development Corp., and Winn Companies and Catalyst Venture Development. Massport is expected to issue a formal request for proposals in the late spring or early summer.
The New England Council commends Massport for working towards building affordable housing in the Seaport.
Read more in the Boston Globe.