Things are shifting over at the former Edison power plant in Southie. It’s been more than three years since crews started carefully dismantling over 1.2 million square feet of industrial space, and $60 million later, the site is finally cleared and ready for its next chapter. But thanks to a slower real estate market and tighter lending, developer HRP Group is taking a fresh look at what gets built and when.

Originally, the plan was to lead with commercial space, keeping the residential buildings closer to the Summer and First Street side of the site. But now, according to the Boston Business Journal, HRP’s thinking of kicking things off with housing—and they’re less concerned about potential noise from Conley Terminal on the other end of the property disrupting residents.

Of the six new buildings planned, three are still set to be residential, with one also including a hotel, while the other three will focus on research and development. Retail space is sprinkled throughout the ground levels, and the project promises nearly 6 acres of open space, including a key connection between the Boston Harborwalk’s existing paths.

HRP (formerly Hilco) knows its way around tough redevelopment projects. Besides Southie, the firm is working on transforming a former refinery in Philly, a steel plant in Baltimore, and another old power plant in D.C.

Here in Southie, the Edison site will keep a piece of history intact—those iconic brick turbine halls from the late 1800s are staying put and will be transformed into retail and community space. And with the pink, boxy addition now a thing of the past, the skyline’s looking a little brighter. Stay tuned—this corner of the neighborhood is going to look very different in the years ahead.