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Totals

Total Square Footage 0
Total Dollar Volume $ 200,000,000

General

Established 1980
Employees
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Description

Roxbury-based development corporation co-founded by Cecil and Kenneth Guscott

Updates

The Rio Grande
- May 02, 2017

25-story tower proposed in the heart of Dudley Square


Developer Long Bay Management has filed a Letter of Intent with the City of Boston proposing to construct The Rio Grande, a 25-story tower in the heart of Dudley Square which would be Roxbury’s tallest building. Two years in the making, the proposal calls for 236 residences with 28,282 square feet of commercial space. Preliminary tower plans called for up to 29 stories containing nearly 400,000 square feet. A previous cost estimate of $200 million will likely change, said the proponent.


Long Bay will seek local tax breaks to help finance The Rio Grande’s construction. Residences at The Rio Grande would be primarily market-rate; 20% of residences at The Rio Grande would be designated affordable. The Rio Grande would be built behind the existing historic Citizens Bank building and another commercial building, both of which are owned by the proponent. Previous plans called for The Rio Grande’s ground floor to incorporate and preserve the bank building; according to the proponent, the tenants of both commercial buildings have long-term leases and plan to remain.


The Rio Grande
- Aug 15, 2016

Dudley Square Tower moving forward, BRA filing expected within a month


Banker & Tradesman reports that Long Bay Management is moving forward with plans to construct a 29-story tower in Dudley Square at the corner of Washington and Marvin streets, with a formal Boston Redevelopment Authority (BRA) project filing expected within the next month. The most recent proposal calls for a 29-story tower, up from previously proposed 25 stories. Due to cost considerations, the proposal has been revised to include above-ground parking and additional floors. Potential office tenants could include a 28,000 square foot Roxbury service office for the Department of Children and Families and other state agency offices.


According to an earlier Bay State Banner report, the Dudley Square Tower would include office, residential and retail space. Retail would be located across the tower's first two stories and would incorporate the adjacent existing bank building, which would be preserved. At the tower's center would be office space, and on the tower's upper floors would be residential units targeted towards middle-income residents. This page will be updated with additional information as it becomes available; a preliminary rendering of the Dudley Square Tower is posted above.


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