Volpe Center Parcel Redevelopment
MIT Files Permits for Phase 2 Volpe Development
MIT has submitted an article 19 project review and “Planned Unit Development” special permits for the remaining 10 acres of the 14-acre Volpe parcel. MIT plans to develop housing, commercial and lab space, retail, open space and a variety of active community uses.
"MIT’s proposal to transform the Volpe parcel into a dynamic mixed-use development includes approximately 1,400 new residential units, state-of-the-art innovation and research space, a community center, open space, and a concentration of entertainment, retail, and cultural uses that will serve residents, employees, students, and visitors alike." said the institution.
In total, the project will create 1.7 million square feet of lab, research, and office space, 1,400 residential units, including 280 permanently subsidized affordable units and 20 middle-income units, 3.5 acres of publicly beneficial open space (about 35 percent of the site), a 20,000 square foot community center, and retail and active street use throughout the project. As part of the development, MIT plans to create 950 new graduate student beds.