Two developers are telling the BPDA they will shortly file detailed plans to create an biotech and life-sciences R&D park on either side of Western Avenue, at the edge of Harvard's vast Allston holdings, where the university is planning its own large R&D development.
In "a letter of intent," developers Stephen Lynch and Thomas Ragno say they want to create a 4.3-acre biotech park on land now occupied on one side by Stadium Auto Body at 350 Western Ave. and on the other side by some residences, a sub shop and a diner and "surface parking areas used by various construction and industrial operators for diesel truck and supply storage." The stretch also includes the site where the Bus Stop Pub used to be.
The two say they are working with Mugar Enterprises and the DiStefano family, which has owned the land and Stadium Auto Body for more than 50 years.
The proposed redevelopment program is anticipated to be anchored by the construction of approximately 560,000 square feet of office and research and development uses. These uses will be designed to accommodate research companies in the biotechnology and life sciences industry. Hundreds of jobs at a variety of positions will be created.
The proposal will also include 40 housing units, as well as roughly 22,000 square feet of ground-floor retail and restaurant space, the developers say.
250-280 and 305 Western Ave. letter of intent (878k PDF).