Today we are all in on Allston — we’re diving into some major developments planned for the neighborhood nestled in between Cambridge, Brighton + Boston University’s campus.
📍 Harvard Research Enterprise Campus, 100-112 Western Ave.
⏰ Full-scale construction should be underway in 2023.
Last month, Allston residents and Harvard University came to an agreement about this development, which had been in the works since 2005. The new campus will be located in Lower Allston, near the Harvard Business School.
The campus will be a whopping 900,000 sqft in total, which is just under the size ofthree Fenway Parks. Plans include retail, residential, office + lab space, as well as a hotel, conference center, and restaurant. Plus, there will be more than two acres of public open space.
The City of Boston committed to keeping one quarter of the units income-restricted + Harvard pledged $25 million for a housing stabilization fund.
📍 Allston Labworks, 250, 280 + 305 Western Ave.
⏰ This project is expected to wrap up in 2024.
This week, $585 million in construction funding was secured for this joint project with King Street Properties, Brookfield Asset Management, and Mugar Enterprises.
The development will span more than four acres across Western Avenue (closer to Brighton’s Charles River Speedway). We can expect 530,000 sqft of lab space, 20,000 sqft of retail space, and 35 residential units, where one quarter will also be income-restricted.
📍 Allston Multimodal Project, Interstate 90
⏰ Currently in the environmental permitting process.
The $1 billion project by MassDOT aims to replace the current tangle of highway ramps with a brand new street grid, which will pave the way for Harvard’s development plans.
The opportunity to reconstruct a highway doesn’t come around often — once in a century, to be exact — and has the potential to greatly improve the neighborhood’s connection to surrounding parks.
On top of these upcoming projects, the Allston Yards development is currently under construction at 60 Everett St. This project will create a new neighborhood at the intersection of Allston, Brighton + Boston Landing.
