Proposal to build 4 million SF of new buildings in South Boston

Core Investments is proposing a major redevelopment of a 21-acre space in South Boston. If approved, the development would contain 11 buildings with a mix of ground-floor retail, industrial/lab/office space, and multiple residential units.This would likely be a ten-year long project, and the first proposed phase would create 2 million SF of space: a 325-unit apartment building at 495 Dorchester Ave and three commercial buildings.The Boston Globe reported on the proposal, but Core Investments declined to be interviewed.

Former Boston Athletic Club Among Buildings in Proposed Redevelopment of 8 Acres in South Boston

Catherine Carlock of the Boston Globe reports that Oxford Properties and Pappas Enterprises have submitted a letter of intent to the City of Boston for a massive mixed-use development in South Boston. Their combined business will be called OxP.The proposal is for the transformation of an eight-acre parcel along West First Street and Pappas Way, within the 42-acre Pappas Commerce Park. The completed project would have 1.7 million square feet of “commercial and employment-based opportunities with a portion of residential housing that responds to the neighborhood” over seven buildings.Pappas Enterprises has controlled much of the 42 acre industrial park since the 1960s. The vision for this project is a long-term one, as some of the leases on the properties in the proposal don't expire for another 15 years. If approved, the plan is for the work to be done in stages..