Updated Plans for South Boston Power Plant Reduce Residential and Add Lab Space

In a supplemental information filing, Redgate and Hilco Global have revealed updated plans for the South Boston Power Plant redevelopment. The overall project has been reduced in size by 150,000 square feet and the mix of uses has been re-balanced with a focus on commercial uses. The number of proposed housing units is reduced by almost half from 1,344 units to 750. Office space has been increased from 368,000 to 470,000 square feet and 330,000 square feet of R&D space has also been added to plans. 

The updated plans also address the community concerns about parking, by providing an increased residential parking ratio on-site of one space per unit. The Project will also provide 120 parking spaces to neighborhood residents on nights and weekends at a discounted rate within the parking garages in the commercial buildings.

According to the filing, the project will be developed in multiple phases spanning an approximately 10 to 15-year period, with demolition commencement anticipated in late 2019. After the completion of the site demolition and remediation, Phase 1A, will prioritize the construction of low-rise residential along East 1st Street and the renovation of Turbine Hall 3 on East 1st Street into office. The remaining two Turbine Halls will be renovated to an interim condition for public events and activities.

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