Stop & Shop Supermarket Co. is drawing up plans for a massive mixed-use development at its 11-acre property next to the Massachusetts Turnpike in Allston, including approximately 1,000 residential units.
The grocery chain owns four parcels covered with surface parking and a 101,775-square-foot strip mall anchored by its supermarket. A real estate executive for Stop & Shop parent Ahold USA has met with abutters to brief them on plans for approximately 1,000 units of housing, said Carol Ridge Martinez, executive director of the Allston Brighton Community Development Corp.
The developers also have met with Boston Planning and Development Agency staff prior to a formal submission, said Jonathan Greeley, director of development review for the BPDA.
“They’ve seen what a success the New Balance (Boston Landing) project has been halfway through their development, and they’re looking at that as inspiration,” Greeley said.
Along with housing, the development would include office space and additional retail, Greeley said.
Stop & Shop did not discuss specifics of the size or design of the project, he said, but zoning in the neighborhood allows for buildings up to 13 stories along the Turnpike and floor area ratios from 3.0 to 4.0.
Stop & Shop indicated it would keep the Allston store open throughout the project, Martinez said. A Stop & Shop spokesman did not respond to a request for comment.
The site is just east of the 1.8-million-square-foot Boston Landing development on Guest Street, which includes the New Balance headquarters, new training facilities for the Bruins and Celtics, office and lab space and 295 apartments. A new MBTA commuter rail station funded by New Balance’s real estate arm NB Development will open next spring at Boston Landing.
Demand for multifamily housing has driven development throughout Allston and Brighton, with investors snapping up industrial and commercial properties for apartment and condominium projects.
Boston-based Mugar Enterprises recently acquired nine parcels totaling 3.6 acres for a potential development across from Samuels & Assoc.’s new 325-unit Continuum apartment complex on Western Avenue.
Mount Vernon Co. of Boston plans to build a 132-unit rental complex at 530 Western Ave., an area that developer Bruce Percelay described as “one of the last frontiers” for development in the city.
And Harvard University is studying long-range development options for Allston Landing South, a 47-acre site near the former Allston-Brighton toll plaza that it acquired from CSX Transportation.