Austin St. Parking Lots
Update
03/15/24
Trinity Financial Files LOI for Development of Austin St. Parking Lots
After being selected to develop the 5-acre property this past November, Trinity Financial has now filed a Letter of Intent for the redevelopment of the Austin Street Parking lots in Charlestown. The project will transform the existing parking lots into much-needed affordable and market-rate housing, with components involving the expansion of a neighborhood-based early education program, a deep commitment to the arts, neighborhood retail, and indoor and outdoor recreational spaces. The team envisions four mixed-use buildings containing approximately 700 residential units, artist live/work space, gallery space, commercial space, indoor recreational space, and early childhood education space. Per the letter, the developer expects to file the full PNF within the next 30 days.
