Zoning Commission Meeting

THIS HEARING HAS BEEN POSTPONED TO A LATER DATE

Said map amendment would add the designation “D,” indicating a Planned Development Area overlay district to approximately 229,982 square feet (approximately 5.28 acres) of land generally bounded by Lincoln Street to the south, Everett Street to the east, and privately-owned property to the north and west.  Said Plan proposes to demolish the existing building on the Project Site, and to construct a mixed-use project with uses that may include research laboratory uses, office uses, new residential development, retail/restaurant uses, and cultural uses, including art gallery and other art uses, among other uses. The Proposed Project is comprised of (i) two buildings collectively containing approximately 538,000 square feet of research laboratory and office space and approximately 13,500 square feet of space for uses including retail/restaurant uses and art uses on the southern portion of the Project Site, and (ii) a third building containing approximately 252 residential units (approx. 234,000 square feet) and approximately 4,500 square feet of space for uses including retail/restaurant uses and art gallery/art uses on the northern portion of the Project Site, including the creation of new affordable housing units.  The Plan also includes a two-story, below-grade parking structure spanning the entirety of the Project Site and containing up to 710 parking spaces.

Said text amendment would : (1) implement an increase, over two years beginning January 1, 2024 in the Housing Exaction and Jobs Contribution Exaction for research lab uses to Twenty Six Dollars and Zero Cents ($26.00) per square foot and Four Dollars and Seventy-Eight Cents ($4.78) per square foot, respectively, for a total of Thirty Dollars and Seventy-Eight Cents ($30.78) per square foot; (2) increase in the Housing Exaction and Jobs Contribution Exaction for other Development Impact Uses to Nineteen Dollars and Thirty-Three Cents ($19.33) per square foot and Three Dollars and Seventy-Six Cents ($3.76) per square foot, respectively, for a total of Twenty-Three Dollars and Nine Cents ($23.09) per square foot; (3) lower the gross floor area trigger and exemption from 100,000 square feet to 50,000 square feet; (4)  change the number of payments to two, made at Building Permit and Certificate of Occupancy; and (5) amend Articles 2 and 2A-Definitions, updating Research Laboratory and related Uses to reflect the proposed changes to Article 80B-7.