BPDA Board of Directors - 2025-11-13
Meeting Intelligence Preview
Meeting Summary
The BPDA Board approved Northeastern University's 10-year institutional master plan including a new multipurpose athletic facility at 262 St. Botolph Street to replace Matthews Arena, with $10M committed to housing stabilization and over 1,900 new dorm beds planned. The board also approved eight new development projects totaling 670,000 square feet including 315 residential units (83 income-restricted), two office-to-residential conversions at 150 Milk Street and 95 Berkeley Street, and authorized a one-year pause on the automatic 4% linkage rate increase effective January 2026.
Key Decisions (13)
Northeastern University 10-Year Institutional Master Plan
Approved IMP for 2025-2035 including eight proposed institutional projects totaling approximately 2.3 million square feet with over 1,900 new dorm beds. Includes $10M housing stabilization fund over 10 years, $20M economic development center operating costs, and $20M+ for Carter Playground maintenance. New accountability mechanism requires Northeastern to appear before BPDA board if off-campus housing footprint expands beyond 2024 levels.
262 St. Botolph Street Multipurpose Athletic Facility
Approved 310,000 square foot facility to replace Matthews Arena with turf and basketball practice space, weight rooms, meeting rooms. Includes preservation of historic terracotta arch, $1.5M transportation infrastructure improvements, over $6M in linkage funds, approximately 350 construction jobs. Building will use geothermal heat pump wells as part of campus energy microdistrict.
Linkage Rate Pause for 2026
Authorized petition to Boston Zoning Commission to adopt 0% increase to linkage policy for one year commencing January 1, 2026, overriding automatic 4% increase. Current rates: $30.78/sq ft for labs, $23.09/sq ft for non-lab uses. Decision based on 26% construction cost increase since 2020, financing costs rising from near-zero to 4%, lab vacancies over 20%, office vacancies 17-24%, and significant decline in linkage-eligible filings.
555-559 Columbia Road Library and Housing Project
Approved scoping determination waiving further review for new five-story mixed-use building with 18,000 sq ft Boston Public Library branch on bottom two floors and 33 income-restricted workforce homeownership units on upper three floors. Developer: Civic Co Development. Site owned by BPDA, tentatively designated April 2023. Includes preservation of 1915 Dorchester Trust Company facade.
157 Granite Avenue Residential Project
Approved certification for new five-story residential building with 24 condominium homeownership units including 3 IDP units, 25 garage parking spaces, 26 bike parking spaces. Developer: Dennis Cohen. Approximately 45,600 gross square feet on vacant lot in Cedar Grove Adams Village neighborhood. Building designed to work with existing ledge on site.
150 Milk Street Office-to-Residential Conversion
Approved small project certification and 121B pilot agreement for conversion of existing six-story 21,000 sq ft office building to 18 residential rental units (8 studios, 10 one-bedrooms) with ground floor commercial. Developer: Napa Can Ameriwu. Tax abatement of up to 75% of assessed residential value for 29 years under downtown residential conversion pilot program.
95 Berkeley Street Office-to-Residential Conversion
Approved scoping determination and 121B pilot agreement for conversion of semi-vacant six-story 87,000 sq ft office building to 92 residential rental apartments (41 studios, 42 one-bedrooms, 9 two-bedrooms) with ground floor amenities. Second largest residential conversion in pilot program. 18 affordable units including 15 at 60% AMI and 3 for HUD voucher recipients. Tax abatement up to 75% for 29 years.
555 Talbot Avenue Mixed-Use Development
Approved certification for new six-story mixed-use building with 33 residential rental units including 6 IZ units, 3,648 sq ft ground floor restaurant space, 46 bicycle parking spaces. Located in Ashmont Station area. Developer: 555 Talbot Ave LLC. Includes public realm improvements and ongoing maintenance to Peabody Square Plaza.
11-11A Parker Hill Avenue Residential Addition
Approved certification for six-story, 71-unit addition to existing 24-unit apartment building. New construction totals approximately 49,000 gross square feet with 7 vehicle parking spaces and 16 short-term bike parking spaces. Includes 12 IZ units. Located in Mission Hill neighborhood.
52 Plimpton Street Artist Live-Work Development
Approved certification for seven-story, 44-unit homeownership building including 8 affordable artist live-work units, 1,100 sq ft ground floor gallery/cultural space, 16 parking spaces, 54 bicycle spaces. Developer: Josh Brandt. Cross-laminated timber construction. Located in South End Harrison Albany Corridor.
Boston College IMP Two-Year Extension
Approved renewal and extension of Boston College institutional master plan with no changes for two years to provide flexibility as university welcomes new president and navigates higher education sector challenges.
Squares and Streets Zoning Text Amendments
Approved text amendments to articles 26, 8, 3, 11, and 89 of zoning code adding two new squares and streets districts (S3-6 and SC Shopping and Commercial Nodes) and making minor changes to four existing districts. S3-6 allows six-story buildings; SC allows four-story commercial-oriented mixed use. Also makes shelter facilities conditional instead of forbidden in S2-S5 districts.
Charlestown Height Limit Zoning Amendment
Approved text amendment to article 62 specifying 150-foot maximum building height for PDA 1 area immediately south of Austin Street, consistent with Plan Charlestown 2023 recommendations and Austin Street Lots PDA master plan.
Zoning Changes (2)
Citywide - Squares and Streets Districts
BPDA Planning Department (response to Hyde Park citizen petition)
PDA 1 South of Austin Street, Charlestown
BPDA Planning Department
Development Activity (10)
Northeastern University Multipurpose Athletic Facility
310,000 square foot facility replacing Matthews Arena with basketball/hockey practice space, weight rooms, meeting rooms, geothermal energy system
Columbia Crossing Library and Housing
Five-story building with 18,000 sq ft library branch and 33 income-restricted homeownership units
157 Granite Avenue
Five-story building with 24 condominium units, 25 parking spaces, 45,600 gross square feet
150 Milk Street Conversion
Conversion of six-story office building to 18 residential rental units with ground floor commercial
95 Berkeley Street Conversion
Conversion of six-story 87,000 sq ft office building to 92 residential apartments with ground floor amenities
555 Talbot Avenue
Six-story building with 33 rental units and 3,648 sq ft restaurant space
11-11A Parker Hill Avenue
Six-story 71-unit addition to existing 24-unit building, approximately 49,000 gross square feet
52 Plimpton Street
Seven-story building with 44 homeownership units including 8 artist live-work units, 1,100 sq ft gallery, CLT construction
Austin Street Parking Lots
Four buildings totaling 790,000 sq ft with approximately 700-705 dwelling units, arts/culture space, early childhood education, recreation space
840 Columbus Avenue Dorm
Student dormitory currently under construction, expected to open 2028
Market Signals (5)
Commercial Demand
Lab vacancies exceed 20% and office vacancies are 17% downtown and 24% citywide, contributing to decision to pause linkage rate increases.
Housing Demand
Downtown office-to-residential conversion program has received 19 applications to convert 24 buildings totaling approximately 1,139 units, with four projects under construction.
Infrastructure
Construction costs have increased 26% since 2020 with 40% increase in materials, and financing costs have risen from near-zero to approximately 4%.
Sentiment
Federal funding pullbacks for research institutions, vaccines, cancer research, and educational institutions are expected to further impact commercial and institutional development.
Housing Demand
Linkage-eligible project filings have dropped significantly with zero new filings in 2025, and only 9% of linkage-eligible projects filed since 2020 have started construction.