Allston,
MA Harold
Brown’s Hamilton Company has filed plans with the Boston Redevelopment
Authority for a three phase, $85 million mixed-use development encompassing
more than 2 acres of the city.
When
integrated with its 24 existing holdings in the Packard Corner area, the new
streetscape will transform the area into an affordable “home destination” for
renters currently priced out of the city’s increasingly expensive housing
market. Brown wants Packard Corner, once home to a long-defunct automaker, to
be re-named as “Packard Crossing,” predicting that families and individual
renters will “cross-over” into Allston from other parts of Boston and beyond.
Hamilton’s
“Packard Crossing” streetscape will extend from Commonwealth to Harvard Aves.
with Brighton Ave. as the major interconnector. Hamilton’s goal is to re-invest
“in excess of” $100 million in the area and create a new paradigm for Allston
that will “bring Boston to Allston,” said Brown.
Since
its founding by Brown 62 years ago, The Hamilton Co., with headquarters at 39
Brighton Ave., has acquired and/or developed 24 buildings in the “Packard
Crossing” area, containing 763 residential units and more than 300,000 s/f of
commercial space.
The
three newly-designed adjacent developments, 40 Malvern St., 79-83 Gardner St.
and 45-55 Brighton Ave., will add another 162 residential units, 20,000 s/f of
commercial space, and covered parking for 265 vehicles. When the additions are
completed, Hamilton’s holdings in “Packard Crossing” will total 965 residential
units and 320,000 s/f of commercial space.
David
Hacin of Hacin & Associates designed both the 45-55 Brighton Ave. and the
79-83 Gardner St. projects. The 40 Malvern St. project was designed
by Dennis C. Rieske of Developmental Resources.
Hamilton
is one of the city’s largest, privately-owned real estate companies. Its
overall holdings in Boston total 5,500 residential units and more than two
million s/f of commercial space. Nevertheless, Brown currently has his sights
firmly set on Allston. “Allston is a great place to live,” said Brown. “Our
goal is to make it even better.”
Hamilton
president Carl Valeri said the new development plans, filed with the BRA after
extensive community review, “will interconnect and knit these parcels together
through rich, new landscaped pathways, courtyards and terraces to create a
desirable home-base and destination for middle-class Bostonians,” many of whom
are priced out of the downtown market.
The
3 new mixed-use developments “will revitalize underutilized sites, create
much-need additional moderate-rate housing, and create new jobs and tax revenue
for the city and state” said Valeri.
Currently
housing the Auto Zone retail store and adjacent parking lot, 45-55 Brighton
Ave. will be transformed into a 99,700 s/f mixed use development containing a
newly-constructed 5 and 6-story building with 20,000 s/f of retail on the first
floor, 76 residential units above (72 two-bedrooms and 4 one-bedrooms) and
covered parking for 175 vehicles. Ground breaking is scheduled for spring of
2018.
Currently
housing a Victorian-style house and adjacent parking, 79-83 Gardner St. will
integrate the charm of the Victorian-era house with a newly-constructed,
4-story residential building encompassing 47,736 s/f, 38 residential units and
covered parking for 40 vehicles. The renovated Victorian home will serve as the
lobby to the new building and contain a one-bedroom unit and 2 three-bedroom
units. The remaining 35 units in the new structure will all be two-bedrooms.
Ground breaking is expected next spring
Already
approved by the BRA, this new residential building at 40 Malvern St. is
currently under construction and will be completed this fall. The new 6-story,
49,000 s/f building, on the site of a former parking lot, will contain 48
units, each with two bedrooms and two baths. The units will average 900 s/f and
the top-floor units will have views of the Charles River. Amenities include a
green roof garden, access to both a Hamilton-owned fitness facility, off-street
parking and the MBTA.
Hacin
said the design and development team’s goals for “Packard Crossing” is to
create a new paradigm for how urban blocks of this kind can be successfully
infilled and redeveloped to reduce the impact of parking, enhance pedestrian,
bicycle and vehicular connections, add green space, and strengthen the historic
scale and character of the neighborhood.