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Multifamily

Dec 19, 2023

WinnCompanies & BHA's $2B Transformation of Mary Ellen McCormack Housing in Boston

WinnCompanies, in collaboration with the Boston Housing Authority, has recently revealed a $2 billion redevelopment strategy for the Mary Ellen McCormack public housing complex.

WinnCompanies & BHA's $2B Transformation of Mary Ellen McCormack Housing in Boston
Traded Media
Traded Media

Traded Editorial

2 min read

Introduction

Exciting news has emerged from Boston's real estate sector. WinnCompanies, in collaboration with the Boston Housing Authority, has recently revealed a $2 billion redevelopment strategy for the Mary Ellen McCormack public housing complex. This ambitious project aims to transform the current 1,016 public housing units into a whopping 3,300 mixed-income apartments, ensuring the right of return for existing residents.

A New Era for Public Housing

The first phase of this groundbreaking initiative has already received approval from the Boston Planning & Development Agency (BPDA). Over the next eight years, it will see the construction of 1,310 apartments, along with significant enhancements to infrastructure and retail spaces. This phase is designed with a strong emphasis on community resilience and sustainability.

Investing in Public Infrastructure

But the redevelopment plan doesn't stop at housing. WinnCompanies is set to invest an additional $110 million in public infrastructure improvements. These enhancements include a complete overhaul of the street grid, the introduction of new utilities and parks, and the implementation of long-term measures for climate resilience.

Putting Residents First

Carol Sullivan, president of the Mary Ellen McCormack Tenant Task Force, expressed her excitement about the upcoming construction. She praised WinnCompanies and the BHA for their resident-first approach during the six and a half years of planning. The residents' input has been instrumental in shaping various aspects of the project, from the relocation plan to the selection of retail outlets and security measures.

Conclusion

This $2 billion redevelopment plan marks a significant step forward in Boston's public housing sector. It not only promises to provide more housing options for the city's residents but also aims to improve the quality of life through infrastructure enhancements and community resilience measures. As we look forward to the start of construction, this project serves as a testament to the potential of public-private partnerships in transforming urban landscapes.

#Boston#Multifamily
Published: Dec 19, 2023Last updated: December 22, 2023