The Project is envisioned as a 200,000 square foot high-rise multi-family residential building with up to 16,000 square feet of retail space on the ground floor. There will be up to 280 units, and of that, 31 units will be affordable units. There will be a mix of unit types including: micro-units, studios, one-bedrooms, and two-bedrooms.
The Project aims to transform Ames Street, between Main Street and Broadway, from a service street to a more active, pedestrian friendly streetscape with active ground floor uses on both sides of the street, thereby greatly improving the pedestrian experience.
The Project benefits include: (1) the delivery of much needed housing for knowledge-based workers who are employed by growing companies in the Kendall Square area, (2) the delivery of much needed affordable housing, (3) a more active pedestrian friendly streetscape between Main Street and Broadway, (4) a street connection from Third Street to Main Street, and (5) annual real estate taxes of approximately $500,000 per year with little marginal cost to the City.
The images at the end of the slideshow present the estimated net new shadow as a result of the Project (shown in blue) for the times of 9:00AM, 12:00PM, and 3:00PM during the Summer and Winter Solstices, and Spring/Fall Equinox. Based on the shadow studies, the Project is not expected to result in significant new shadow on surrounding public open space.