The developers set to transform the decommissioned Edison power plant in South Boston have scaled back their original plans for the 15-acre site, reducing the total number of housing units and the height of several proposed buildings, according to a new filing with the Boston Planning and Development Agency.
Hilco Redevelopment Partners and Redgate Capital Partners have proposed reducing the overall L Street Power Plant project size to 1.93 million square feet from 2.1 million square feet. The mixed-use project would be built out over a 15-year period.
On Thursday, Redgate Capital Partners filed updated plans with the Boston Planning Development Agency for L Street Station, the redevelopment at the former Edison plant site. The new plans integrate feedback that the team gathered from neighborhood stakeholders over the past year, a process that will continue through this fall with the new comment period.
Hilco Redevelopment Partners and Redgate Capital on Thursday filed new plans with state and city officials that would trim nearly 250 units of housing from their 15-acre proposal — giving it 1,344 apartments and condos — while adding office space, a second hotel, and more than 400 parking spaces, to 1,397 in all. They also now say the project will be built out over 12 to 15 years, to ease it more slowly into the surrounding area.
Boston Business Journal