Developer Babak Veyssi is seeking BRA approval to put 32 condos and retail space on what is now a vacant lot at 392 Cambridge St.
Veyssi's $7-million proposal also includes a 41-space garage for residents and a 17-space lot for the stores. 28 of the units would have two bedrooms, the rest one bedroom each.
This development will be the first new construction in this portion of Allston in over 20 years and can be seen as a catalyst for redevelopment in an area that seems to have been passed over while the remaining areas of Allston-Brighton have seen growth. It will also provide a convenient, affordable alternative for the neighborhood, serving existing residents and those wishing to move back into the City of Boston. The site is also conveniently located close to the Massachusetts Turnpike and Storrow Drive as well as two MBTA bus lines for easy access to downtown Boston and Cambridge.
In April, the BRA approved a 48-unit apartment building proposed by Harold Brown for Malvern Street.
392 Cambridge St. small-project review application (6.8M PDF).