Boston – The Boston Planning & Development Agency (BPDA) Board of Directors approved seven development projects at their August meeting. The projects will generate a total of 223 residential units, 42 of which will be affordable. In addition, the projects will create over 4,000 jobs upon their completion.
Included in the approved projects is Exchange South End, a 1.6 million square foot mixed-use office, commercial, technology and life science research space that will create thousands of permanent jobs, a 1.1 acre new publicly accessible open space, local transportation improvements, and over 30,000 square feet of civic space.
The BPDA continues to make progress towards Mayor Martin J. Walsh’s goal of increasing affordable housing to support a strong middle-class. Since the start of 2018, 20 percent of all residential units approved are income-restricted. In total, 769 of the 3,760 residential units approved this year will be income-restricted for low or middle-income families.
