Here's a twist in Boston development: the proposed apartment building at the so-called Parcel 39A in the Charlestown Navy Yard has to get not only the city's O.K. but the National Park Service's as well. Age, you see. The four-story building would have to gel with the Civil War-era structures in the yard. Lucky for developer Kavanagh Advisory Group, circumstance seems on its side. The firm won a bidding process for the stalled 12,000-square-foot development site in September and hopes to break ground by June 2013.
What does it have planned? Per Greg Turner in The Herald, the building's 54 apartments will be a mix of ... wait for it... studios and one-bedrooms. Not exactly what Boston needs in terms of family-friendly development, but residential development nonetheless (time to update both our Rental Heatmap and our New-Development Heatmap!). Market-rate apartments will rent from $1,800 to $3,000 (a little ambitious, no?). Moreover, there are two other development sites left in the "historic monument area" 135-acre yard: the Chain Forge building opposite Parcel 39 and the Rope Walk building below the Tobin Bridge. Stay tuned.
· Navy Yard Development Sails Ahead [Herald]
· Our Updated New Development Heatmap: Then There Were 50 [Curbed Boston]
· Our Updated Rental Heatmap: Where the Hub's New Apts. Are [Curbed Boston]
· Boston Is for Lovers (Just Not Their Kids): a New Apt. Dynamic [Curbed Boston]