A partnership between two local developers and a Connecticut private real estate investment firm has taken the initial steps to file preliminary plans with the city to raze five dilapidated South End buildings to make way for a five-story office/laboratory building, with ground-floor retail and below-grade parking.
South End-based Transom Real Estate and Camber Development of Boston, together with Wheelock Street Capital of Greenwich, Conn., filed a Letter of Intent, dated May 4, outlining their intent to fille a Project Notification Form (PNF) with the Boston Planning & Development Agency outlining their intention to build a new 79,600 square-foot building containing approximately 2,500 square feet of first-floor retail and around 48 below-grade parking spaces at 65 Wareham St.
(The existing building on the site contain approximately 43,425 square feet of space and a surface lot with approximately 20 off-street parking spaces, so the net gain will be 35,175 square feet of net new gross floor-area and 28 additional off-street parking spaces.)
The project site is an approximately 19,921 square-foot parcel comprising 65-69, 71-73, and 75-79 Wareham St. and 52-56 Plympton St., and the site is bordered by Wareham and Plympton streets between Albany Street and Harrison Avenue.
The project site, which is situated within the South End Landmarks Protection Area, is currently home to “five separate existing brick buildings in various states of disrepair which are currently vacant or used sparingly for dry storage, as well as a surface parking lot,” according to the letter.