Governor Deval Patrick joined Mayor Thomas Menino and community leaders to announce $10 million in city and state subsidies and $3 million in state and federal tax credits to advance the Greenway Parcel 24 housing development project in Chinatown. The project will create an estimated 700 construction jobs, 345 housing units and restore Chinatown's Hudson Street neighborhood that was razed nearly 50 years ago to make way for an expressway.
“I understand how much this project means to the residents of Chinatown and to realizing our long-term vision for the Greenway," said Governor Patrick. "Today, thanks to a strong public-private partnership, we are making the Hudson Street neighborhood whole again."
Parcel 24 is one of the largest residential projects currently proposed in Boston and is being developed by New Boston Fund in partnership with the Asian Community Development Corporation.
The Parcel 24 development is expected to break ground in spring 2012. The two-phase, $130 million project will consist of 50 affordable homeownership units, 200 market rate rental units and 95 affordable rental units. The first phase is slated to be complete in 2014.
The Hudson Street neighborhood that existed on this land in the 1960’s was destroyed to make way for an expressway. When the land was made available for development through the Central Artery Project, the former Massachusetts Turnpike Authority, now MassDOT, designated the development team. The project began following extensive community input and planning and after delays due to the national economic downturn. Federal, state and local funding helped to secure private sector investment and advance the project.
Weston: I-90 Traffic Pattern Shifts posted on Dec 8
MassDOT today announced upcoming traffic pattern shifts along I-90 at Interchange 14 in Weston beginning tonight to allow for Stage 3 construction operations in the toll demolition and road reconstruction process. These Stage 3 traffic shifts and construction operations were scheduled to take place in …Continue Reading Weston: I-90 Traffic Pattern Shifts
City of Everett, MBTA: Broadway Bus Lane Pilot Program posted on Dec 8
The MBTA and the City of Everett are piloting a bus-only lane on Broadway between Ferry St and Route 16 this week, Monday-Friday, December 5-9. The bus-only lane is keeping Routes 97, 104, 109, 110, and 112 ahead of other traffic! Check out this brief …Continue Reading City of Everett, MBTA: Broadway Bus Lane Pilot Program
MassDOT, Oregon Signs Mark Route 20- Longest Continuous Road in U.S. posted on Dec 8
MassDOT and the community of Newport, Oregon have installed mileage signs marking each end of Route 20, the longest continuous road in the United States. Highway Administrator Thomas J. Tinlin joined City of Boston officials and MassDOT personnel at an event today to unveil MassDOT’s …Continue Reading MassDOT, Oregon Signs Mark Route 20- Longest Continuous Road in U.S.