There are more details out about the potential transformation of a 1.81-acre site at 780 Morrissey Boulevard in Dorchester that used to host the Phillips Old Colony House and Freeport Tavern event space and restaurant—and that now hosts parking.
Camden, New Jersey-based Michaels Development, which is buying a controlling stake in the site, broached plans earlier this fall for a six-story, approximately 200-unit apartment complex. Now the mix of would-be units is out as is a more exact number: 207 total, with 92 studios, 94 one-bedrooms, and 21 two-bedrooms.
Michaels would also include a 136-space parking garage as part of the project, per the Business Journal’s Catherine Carlock.
The company bills itself as the “nation’s largest privately-held owner of affordable housing.” This would be its first project in Massachusetts.
It would also market the demise of yet another surface parking lot in Boston. The trend has gathered steam in just the past several months, with projects proposed or likely in downtown, Fort Point, Back Bay, Bay Village, and elsewhere. The trend is likely a result of not only the high land values in Boston—which make sales particularly alluring for lot owners—but the changing nature of driving and parking in the city’s core.
The 780 Morrissey plans are still in early days. Stay tuned.