Post Content

Parcels 12,15MassDOT’s Board of Directors has authorized MassDOT Secretary and Chief Executive Officer Richard A. Davey to execute an agreement with ADG Scotia, a team of Weiner Ventures and Samuels & Associates, for  Parcels 12 and 15, located in Boston’s Back Bay at the intersection of Boylston Street and Massachusetts Avenue.  The project involves construction along and over the MassPike.  The Weiner/Samuels proposal calls for a combined hotel and residential development with high-rise construction set back from Boylston Street and low-rise construction along the street.

“This long awaited proposal provides significant financial benefits to the Commonwealth, and I want to thank the Citizens Advisory Committee and Boston Redevelopment Authority for assisting us as we made this critical decision,” said MassDOT Secretary Davey.

“The exciting proposal provides will fundamentally change a long-neglected part of the Back Bay with a combination of new housing, a hotel and exciting new retail opportunities,” said MassDOT Assistant Secretary for Real Estate and Asset Development, Jeffrey A. Simon.

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

The proposed two-parcel development will include the following, with all numbers approximate:

Parcel 12:

  • 111 residential condominium units;
  • 41,200 square feet of retail space; and
  • 98 garage parking spaces.

Parcel 15:

  • 270-room hotel;
  • 120 residential condominium units;
  • 9,100 square feet of retail space; and
  • 240 garage parking spaces.

The developer selection process considered several factors: the details of the financial proposal; developer’s financial capacity and experience; project design and proposed land use and the resulting community benefits and neighborhood impact; and community input.

The decision was made following a thorough and transparent process with significant involvement by the Boston Redevelopment Authority and 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 Development Agreement with ADG Scotia will include review and approval of the proposed development design by MassDOT. The developer will have 24 months to close on a Lease for at least one of the two parcels, and within another 12 months on the second parcel.

Written By:

Recent Posts

Longfellow Bridge: Overnight Demolition Work Begins February 2 posted on Jan 23

Longfellow Bridge: Overnight Demolition Work Begins February 2

MassDOT contractors for the Longfellow Bridge Rehabilitation Project will temporarily perform overnight demolition work beginning on Monday, February 2, 2015. This schedule will be in place for four to six weeks. The work hours are from 11:00 PM to 7:00 AM. During the work, two   …Continue Reading Longfellow Bridge: Overnight Demolition Work Begins February 2

BusPlus Mobile Ticketing App Pilot Launched posted on Jan 22

BusPlus Mobile Ticketing App Pilot Launched

MassDOT and Bytemark today announced a limited pilot launch of the State’s BusPlus mobile ticketing program. The BusPlus program is a partnership between MassDOT and private bus operators offering new regional transportation services to increase intercity and commuter transportation options available across the Commonwealth and   …Continue Reading BusPlus Mobile Ticketing App Pilot Launched

RMV AAA Partnership: Newburyport posted on Jan 20

RMV AAA Partnership: Newburyport

MassDOT Registrar of Motor Vehicles Celia J. Blue and executives from AAA Northeast (AAA NE) today in Newburyport announced the latest AAA Registry Services location to begin providing RMV license and registration renewal services to members. “Improving service delivery in a cost-effective manner is at   …Continue Reading RMV AAA Partnership: Newburyport