55 West Fifth Street to bring 18 residential units, five IDP units, and below-market rent for a local retailer to South Boston

As originally approved at the August 2016 Board meeting, this project consisted of the demolition of an existing building and the construction of a five-story, mixed-use building with 32 residential rental units and four affordable units. In February of this year, a Notice of Project Change (NPC) was submitted for the project and proposed the following: (1) An increase in the building height from 50 feet to 60 feet, (2) The addition of 18 residential units, bringing the total to 50 (3) The addition of five income-restricted units, bringing the total to nine (4) The addition of approximately seven off-street parking spaces, bringing the total to 43, (5) An increase of approximately 11,057 square feet of gross floor area, (6) A reduction of approximately 453 square feet to the ground floor retail space, bringing the total to approximately 1,600 square feet of retail/commercial space.  

The approximately 1,600 square feet of retail/commercial space will be offered at below market-rate rent. The proposed changes to the Originally Approved Project are consistent with the vision and guidelines of PLAN: South Boston Dorchester Avenue.

As a result of these changes, the proposed development will consist of the construction of a six-story, 45,757 square foot mixed-use building that will include 50 residential rental units, including nine income restricted units, approximately 43 parking spaces, and approximately 1,600 square feet of ground floor retail/commercial space.

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