View All Posts

Nov 19

National Development - BDG joint venture for Cir Cin

Posted on November 19, 2014 at 2:29 PM by Kara Brewton

Boston Development Group and National Development are forming a joint venture to develop the Circle Cinema Theatre and Applebee’s properties at 375-399 Chestnut Hill Avenue. Charles River Realty Investors will provide the capital for the project.

Ted Tye, managing partner of National Development, and Boston Development Group project manager John Meunier have indicated that the two building project would be substantially the same as the currently proposed mixed-use hotel, residential and retail plan. The 162 key hotel and 92 unit residential project with retail along Chestnut Hill Avenue will have some design modifications. The developers plan the residential building as an age-restricted adult community much like National Development’s Waterstone at Wellesley independent living community, in part to address some neighborhood comments. The developers have indicated that their goal is to start construction in 2015. 

National Development, which is known for its mixed-use developments, has seen a large need for quality residential alternatives in Boston for active senior adults. They indicate that the site’s access to public transportation, retail amenities in Cleveland Circle, Boston College, the reservoir and park make it ideal for the hotel and active adult community.  National Development tells me they are strongly committed to creating active edges to the planned development along the park and Chestnut Hill Avenue. 

A new design team has been formed.  The architect for the project is Elkus Manfredi Architects with Stantec providing civil engineering and landscape architecture.  You may remember Elkus Manfredi from their work at the 10 Brookline Place expansion and now Boston Children’s Hospital at 2 Brookline Place. Newton-based Cranshaw Construction is providing pre-development services.

National Development and Boston Development Group have indicated an interest in meeting with the Brookline community. Polly Selkoe and I anticipate a joint Planning Board/ Design Advisory Team meeting in January. With regards to Boston’s process, the Developers will submit a Notice of Project Change and a new Planned Development Area Development Plan ("PDA"). No revised plans have been filed with the City of Boston or Town of Brookline. As soon as they are available, I will post those plans to the Town’s webpage for this project and send an email update.

Thank you for your continued interest in this process.



Regards,


Kara Brewton

Economic Development Director

Town of Brookline

kbrewton@brooklinema.gov

617-730-2468


http://www.linkedin.com/in/karabrewton/

www.twitter.com/brooklinema