New England Development says it wants to build a 240-unit residential building on an undeveloped bit of its Bunker Hill Mall, along Rutherford Avenue and bordered by Austin and West School streets.
In a "letter of intent" filed with the BPDA, the company says it will incorporate some units that would be smaller than normally allowed under Boston zoning in exchange for possibly reduced rents, as part of the city's "compact living" pilot program.
In addition to putting up the new building, New England Development says it would spruce up the existing mall with "new canopies and facade treatments" along Main Street as well as new sidewalks, or, in development terms, "new open-air pedestrian connections" between Main Street and the mall. The company would also renovated the Austin-Main Plaza, also known as O'Reilly Park.
The company adds that construction would mean "no closure or substantial interruption" for stores in the mall.
By filing the letter, the company is signalling that it will soon file detailed plans for the project.
201 Rutherford Ave. letter of intent (1.3M PDF).