7INK Update 03/12/19

Notice of Project Change for 7INK by Ollie in the South End

The proposed project change calls to modify the Project’s unit mix in response to assessment of market information both from the Boston market and obtained from operating co- living communities in other locations.

Increased market demand from the targeted demographic of 25-40 year olds has been experienced for the multi-bedroom units due to the lower price point associated with these unit types.

 

The proposed unit mix modification is as follows:

Unit Type

Previously approved unit mix

New unit mix

Studio

197

84

1-bedroom (premium units)

0

6

2-bedroom

35

28

3-bedroom

12

32

4-bedroom

6

20

Total Units

250

180

Total Bedrooms

327

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353

The overall increase in the approved total number of bedrooms from 327 to 353 is 8%.

The overall building area, building height and the building envelope/footprint, as approved by the BPDA Board on July 12, 2018, will remain the same. The change to the bedroom count is achieved solely by redesign of the floor plans of the previously approved units.

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