BPDA Approves the $1.46B Redevelopment of Bunker Hill
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Development Name: One Charlestown - Bunker Hill Housing Redevelopment
Neighborhood: Charlestown
Location: 55 Bunker Hill Street, Charlestown, MA 02129
Summary: The Boston Planning & Development Agency (BPDA) recently approved the $1.46 billion redevelopment of Bunker Hill, the largest public housing development in the City of Boston.
The current 26-acre site is bounded by Medford, Decatur, Vine, Bunker Hill and Polk Streets in the Charlestown neighborhood of Boston. The existing project is owned by the Boston Housing Authority (BHA) and includes 1,100 federally subsidized residential rental units in forty-one (41) buildings. The site also includes a management office, courtyards, playgrounds, basketball courts, and off-street vehicle parking areas.
The planned redevelopment includes the phased demolition of the existing structures and the construction of a multi-phase, mixed-income, mixed-use development comprised of up to 2,699 residential units in 15 new residential buildings. Additional features include:
1,010 Affordable units
1,689 Market-rate units
50,000 square feet of Retail/Commercial space
14,000 square foot Community Center
1,400 parking spaces
2,699 Bicycle storage spaces
7 acres of open space, including 4 acres open to the public
Phase One of the development will be located on approximately 2.4 acres and include the demolition of 6 existing buildings, containing 111 BHA public housing units and the construction of 2 new residential buildings with 358 mixed-income residential units. Additional features include:
158 Affordable units
200 Market-rate units
148 parking spaces,
378 bicycle storage spaces
12,200 square feet (0.28 acres) of public open space
Development Type: Mixed- Income, Mixed-Use
Development Cost: Total $1.46 Billion – Phase 1 $180 Million
Developer: Bunker Hill Redevelopment Company LLC, a joint venture of Joseph J. Corcoran Co. and Leggat McCall Properties
Development Occupancy: General Occupancy
Planned Construction: Phase 1 construction projected to start 2021
No. of Buildings: 15
Unit Total/Mix: 2,699 Total Units /Studio, One to Four-Bedrooms Units
Source: Boston Planning & Development Agency
