Post Content

Parcels 12,15MassDOT Secretary & CEO Richard A. Davey today announced that ADG Scotia II LLC has been designated as the developer of Air Rights Parcels 12 and 15, located above and along Interstate 90 at the intersection of Boylston Street and Massachusetts Avenue in Boston’s Back Bay.  ADG Scotia is a joint venture of two Boston-area developers – Samuels and Associates and Weiner Ventures.

The ADG Scotia proposal will cover two open air rights parcels in the Back Bay.  On Parcel 15, a 400-foot high-rise hotel and residential building will be set back from Boylston Street, with a low-rise retail building along the street.  On Parcel 12, a mid-rise residential building will be located on Boylston Street and a two-floor retail building will cross the Turnpike along Massachusetts Avenue.   The $360-million project will create a total of 230 residential units, a 270-room hotel, and 50,000 square feet of retail space.

“We believe the ADG Scotia proposal provides the best overall value and long-term benefit to the City of Boston by transforming this critical Back Bay intersection along the Turnpike,” said Secretary Davey.  “The proposal’s rent offer also provides the best financial benefits to the citizens of the Commonwealth.  I want to thank the Boston Redevelopment Authority and an engaged Citizens Advisory Committee for their diligent work and assistance in making this important decision.”

The 99-year lease agreement with ADG Scotia covering Parcels 12 and 15 will provide to the Commonwealth a present value of $18.5 million in rent for the two parcels in the form of fixed payments early in the lease period combined with annual rent payments. 

The criteria used in making the decision included:  the proposed land use and project design; community benefits; community and City input; and the developer’s financial proposal, capacity, and experience.
The decision was made following a deliberate, thorough, and transparent process with significant involvement by the Boston Redevelopment Authority and a Citizens Advisory Committee, as well as members of the general public and Back Bay neighborhood.  The process began in 2008 but was put on hold during the financial crisis and restarted in 2011.

The designation of ADG Scotia is now subject to negotiation and execution of development agreements and leases with MassDOT.  ADG Scotia will pursue project permitting and design review.

Written By:

Recent Posts

New MBTA General Manager Appointed posted on Dec 11

New MBTA General Manager Appointed

Transportation Secretary and CEO Stephanie Pollack announced today the appointment of MBTA Fiscal and Management Control Board Vice Chair Steve Poftak as the new General Manager of the MBTA. Poftak, who will succeed Luis Ramirez, brings to the position deep knowledge of MBTA operations and   …Continue Reading New MBTA General Manager Appointed

MassDOT, MAPFRE Insurance Provide Helpful Winter Weather Tips posted on Dec 11

MassDOT, MAPFRE Insurance Provide Helpful Winter Weather Tips

Even for the most experienced of drivers, winter weather can be difficult to navigate. It’s important to make sure you and your vehicle are prepared, especially after months of milder weather. Winter in New England can be unforgiving, so it’s essential to take proper precautions   …Continue Reading MassDOT, MAPFRE Insurance Provide Helpful Winter Weather Tips

Longfellow Bridge Winter Update: Bicycle Lane Flex Posts to be Removed posted on Dec 10

Longfellow Bridge Winter Update: Bicycle Lane Flex Posts to be Removed

MassDOT has announced that in order to promote safe multimodal travel and ensure optimal snow clearing operations during the winter months, crews will be removing the vertical flex posts which separate the bicycle lanes and vehicular travel lanes on the Longfellow Bridge beginning the evening   …Continue Reading Longfellow Bridge Winter Update: Bicycle Lane Flex Posts to be Removed