Kensington Investment Co. has filed a letter of intent with the BPDA to turn the former Radius hospital complex off Townsend and Harrishof streets into a 322-unit market-rate apartment complex with 217 parking spaces, a cafe and a billiards room.
In its filing, the Congress Street-based company says it would meet its affordable-housing requirements by building condos elsewhere in the neighborhood, "within walking distance" of the site.
Kensington says its project, which would rise up to 7 1/2 stories, would take two year to build, once demolition of the current five Radius buildings is finished and construction begins in 2019.
Other project amenities include 24 hour front desk and on-site security, gathering places for exhibitions, kitchen and dining area, games room with billiards, reading nooks and lending library, TVs, multiple sitting areas, with fireplace, access to outdoors, coffee and tea bar, fitness center and Yoga studio, outdoor pool, meeting spaces for study and work, computer area with printing and outdoor BBQs and sitting areas.
45 Townsend letter of intent (1.8M PDF).
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