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

Freight Rail Grants Announced posted on Apr 14

The Patrick Administration today announced the awarding of seven grants totaling $2.5 million for industrial rail projects as part of the 2014 Industrial Rail Access Program (IRAP). The IRAP funding for the seven projects is being matched by more than $1.9 million in private sector   …Continue Reading Freight Rail Grants Announced

South Coast Rail: Bridge Replacement Public Hearings posted on Apr 14

South Coast Rail: Bridge Replacement Public Hearings

MassDOT will host Design Public Hearings in Fall River and New Bedford on the 25% design of four bridge replacements along the future South Coast Rail route. The bridge replacements will provide fast and tangible benefits to help expanding freight service and will also be   …Continue Reading South Coast Rail: Bridge Replacement Public Hearings

Governor Patrick Announces “Go Time” Real Time Traffic System posted on Apr 11

Governor Patrick Announces “Go Time” Real Time Traffic System

Governor Deval Patrick today announced that the “GO Time” real time traffic information system is now operational along Route 6 on Cape Cod and will be expanded to highways statewide by 2015. The Governor made today’s announcement at the Intelligent Transportation Society of America’s transportation   …Continue Reading Governor Patrick Announces “Go Time” Real Time Traffic System