Anchor Line Partners, which until now has specialized in redeveloping old commercial buildings off major highways into new office space, has filed plans to build two six-story apartment buildings on Cambridge Street at Emery Road in Allston's Union Square.
The developer, based in Post Office Square, is proposing a 166-unit building with 126 units, 69 parking spaces and ground-floor retail/restaurant space at 449 Cambridge St. and a 40-unit building with no parking spaces across Emery. Some 22 of the units would be rented or sold as affordable, meeting the city minimum requirement of 13% affordable units.
Because the project totals more than 50,000 square feet of space, the developers will have to file a detailed project notification form that includes information on traffic impact and mitigation.
Among Anchor Line's current projects are renovating several buildings in Waltham and recasting the hulking former Wang headquarters in Lowell as "a 21st century campus" that focuses on "social interaction and work-life balance" and includes a Tavern in the Square.
449 Cambridge St. letter of intent (682k PDF).