Image courtesy of the Noannet Group.

The Boston Planning & Development Agency Board approved a 247-unit, transit-oriented apartment complex planned for the Readeville section of the city’s Hyde Park neighborhood, along with two other projects, at its Thursday night meeting.

The project at 36-40 Sprague St. is one of two multifamily projects proposed near the neighborhood’s commuter rail station. The other, a 305-unit mixed condominium and apartment project from real estate investment firm Ad Meliora, is still under review by the BPDA. Both take advantage of the area’s many large light industrial parcels.

The Sprague Street project, the brainchild of developer The Noannet Group, will have 32 income-restricted units mixed in with its 247 apartments, which will be split across two 5-story buildings. The buildings will have approximately 44 studios, 107 one-bedrooms, 88 two-bedrooms and eight three-bedrooms. Noannet is pursuing several other projects in the area, including the Raffles Hotel, soon to break ground in Back Bay.

The project has shrunk significantly over the course of the approval process. Noannet originally submitted plans in 2016 to redevelop a 6.6-acre site at both 36-40 and 50-70 Sprague St. but following a series of community meetings, it agreed to reduce the apartment count from 521 to 364 plus 128 condos, before settling on its current plan on a reduced site. Initially 575,089 square feet, the approved project will have 386,185 square feet of space.

Image courtesy of the Noannet Group.

Also at Thursday’s meeting, the BPDA approved a 23-apartment, mostly-affordable carbon-neutral Roxbury project at 273 Highland St. from Rees-Larkin Development and a 16-unit condominium project at 11 Taft Hill Terrace in Roslindale from EBCPAC Development.

BPDA OKs 247-Unit Readeville Project, Two Others

by Banker & Tradesman time to read: 1 min
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