Tuesday, December 15, 2015

Boston Approves $171M Harvard Campus Project

The Boston Redevelopment Authority (BRA) approved six different development projects valued at $224 million, capping a year in which 7.1 million square feet of new construction were approved throughout the city. The largest approval went to Harvard Business School’s $171.1 million two-phase development of Klarman Hall and the G2 Pavilion. The first phase covers the construction Klarman Hall, which will feature a 1,000-seat auditorium designed by William Rawn Associates built adjacent to the site of Burden Hall, including new space for conferences and other Business School events; the second phase calls for replacing Burden Hall with meetings and classroom space. An underground connection to Spangler Center will be built as well. Plans for the project were originally filed in October of this year, with construction expected to finish by August of 2018. Walsh Brothers Construction is charged with managing the project.

Additionally, the BRA approved a $20 million, 127-room loft-style hotel in a former industrial building at 175 Orleans Street in East Boston, and a $22.9 million renovation of the historic Boston Young Men’s Christian Union building at 48 Boylston St. in Chinatown into 46 affordable apartment units. The BRA also approved $100,000 from the Harvard Allston Partnership Fund to support community organizations with grants.

For more news and information visit Blumberg Partners.

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