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

Weston: I-90 Traffic Pattern Shifts posted on Dec 8

Weston: I-90 Traffic Pattern Shifts

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, Oregon Signs Mark Route 20- Longest Continuous Road in U.S.

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.