The Factory at 46 Wareham Update 07/22/16
Residential component back in the game for The Factory at 46 Wareham with revised proposal
Developer The Holland Companies has submitted a Notice of Project Change (NPC) to the Boston Redevelopment Authority (BRA) for The Factory at 46 Wareham, a new six-story building under construction in Boston's South End that will incorporate an existing historic factory building. The new 64,530 square foot building, previously proposed to contain only office space, would now contain 18 residential ownership condominiums and 32,875 square feet of office space.
The construction team began construction of The Factory at 46 Wareham recently but discovered that the existing factory building's foundation was in worse condition than originally anticipated. Accordingly, a new foundation would now be constructed and two existing masonry walls would be rebuilt. Given the increased construction cost and delay in commercial tenant occupancy, The Holland Companies has decided to reintroduce the project's residential component.
As originally approved in April 2015, The Factory at 46 Wareham was to contain 15 rental residential units and 45,570 square feet of office space. A Notice of Project Change approved in August 2015 eliminated the residential component in favor of constructing an office building. The most recent Notice of Project Change proposing to construct 18 residential ownership condominiums and 32,875 square feet of office space is now subject to Boston Redevelopment Authority review for approval.
More information about The Factory at 46 Wareham is posted below.