Allston Yards Project Approved

The 1.23-million-square-foot redevelopment of the 11-acre Stop & Shop supermarket property in Allston has been approved by the BPDA. The project will feature a total of 4 buildings to include 868 residential units (148 affordable), 352,000 square feet of office/research space, 50,000 square feet of retail/restaurant space, a new home for Stop and Shop, plus 10,000 square feet for community or art use. As part of the project, $20M of transportation improvements are also included in the first phase of the development.

Additionally, the development team has committed to a first of its kind Allston Brighton Homeowner Fund which will provide $2M to be dedicated for down payment assistance, “gap” funding, support for CDC homeownership programs, home repair loans, and Homebuying 101 classes. The funds will be held and managed by local partners: Brighton Marine, Allston Brighton CDC, and the Boston Home CenterFund.

Michael Barelli, Vice President, New England Development tells BLDUP, “We are proud to have earned the support of the Allston-Brighton community and the BPDA Board on this exciting project. We anticipate a groundbreaking later in 2020."

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