Developer Related Beal has outlined what it hopes to plunk on the 6.5 acres of Fort Point waterfront that it acquired in May.
Under preliminary plans, the company would develop three buildings totaling 1.1 million square feet, with two of those buildings rising to as high as 180 feet and about one-third of the total square-footage (or one building) devoted to housing. Another building would be for lab space and the third for offices.
The project would also include a park linking A Street to the waterfront and would use special landscaping to combat rising sea levels.
The development marks another turning point in the evolution of another Boston-area parking lot. Gillette parent Procter & Gamble sold the surface lot to Related Beal. The company had been using it as parking for the nearby Gillette headquarters (the would-be development is next to the future General Electric headquarters too). Projects are also possibilities for surface lots in Back Bay, Bay Village, Dorchester, and elsewhere.
It’s early days for Related Beal’s plan at 244-284 A Street. The company has started meeting with community groups and plans to file a formal letter of intent with the city before the end of 2019. Stay tuned.