This long awaited, large scale project replacing the old Edison Power Plant, has been updated yet another time.
According to the Boston Business Journal, developers Hilco and Redgate and architecture firms Stantec and Stoss presented to a subcommittee of the Boston Civic Design Commission recently, and featured a 1.68-million-square-foot project at 776 Summer St.
The L Street Station project will now include building six new buildings and renovating the historic turbine hall. There will be 636 resident units, 524,110 square feet of office space, 231 hotel rooms, 83,700 square feet of retail space plus 334,740 square feet of research and development space. The site would also include 5.7 acres of open space.
The proposal will also include a commitment to give a $10 million (or $670,000 annual for 15 years) operating subsidy to the MBTA to help with additional service on the Route 7 and Route 9 buses. (Editor’s note: Hmmm…..with eyebrow raised.)
Initially back in 2017, the developers proposed a 2.1 million-square-foot project with 1,588 housing units and 340,000 square feet of office space. This due to push back from community.
The project is expected to take about 10 years to build. This project still needs final approval from city and state in addition to Massport lifting its restriction that prevents residential development on the site. So more hurdles to jump.