(Image courtesy Boston Redevelopment Authority)
The Boston Redevelopment Authority’s Board approved two major South Boston housing developments Thursday night.
The first project, located on Melcher Street, will be completed in three phases, cost approximately $34 million and rehabilitate and convert 176,200-square-feet of space.
Phase I of the project, located at 63 Melcher St., will rehabilitate close to 34,700-square-feet of the building for residential use. It will add five affordable artist live/work units, 27 innovation housing units, six loft units and four affordable units. 6,000-square-feet of basement will be for residential amenities and the rooftop will be used for a garden.
Phase II of the project located at 51 Melcher St. will redevelop 4,780-square-feet of the building for first-floor retail/recreation/service use. 94,220-square-feet of the building will also be used for office space.
The final phase of the project will convert 49 Melcher St. into residential units with the basement and first-floor for recreation/retail/service use along with a 2,250-square-foot rooftop deck.
The second through fifth floors will be home to 14 to 22 residential units, two will be affordable.
Parking for residents will be located at the neighboring Necco Street Garage.
The development team includes Archon Group, Goldman Properties, Melcher Street Holdings LLC, Gerding Edlen Development, Bargmann, Hendrie & Archetype, Epsilon Associates, Inc., Howard/Stein-Hudson Associates and legal counsel, Dalton and Finegold, LLP.
The BRA estimates that the project will create 150-200 construction jobs and 614 permanent jobs.
The second project approved by the BRA is located at 630 East Second St.
The project will cost close to $3.2 million and will replace the current vacant one-story commercial warehouse with 24,000-square-feet of condominiums.
The first building on the site will be three-story 19,500-square-foot structure and include 14 two-bedroom units, one one-bedroom unit and 21 underground parking spaces.
The second building will be a 4,500-square-foot three-story building that will house three residential units and three at-grade parking spaces.
Michael Indresano is the developer and Sutphin Architects designed the building.
The BRA estimates that the project will create nine construction jobs.
The project is expected to break ground in spring 2012 and should be completed by spring of 2013.