A developer says it will soon file plans with the BPDA for a seven-story building filled with 147 "compact" apartments aimed at people who make a bit more than the area median income but hardly enough more to be considered rich.
The Mount Vernon Co., - now based in a Soldiers Field Road building that itself could be torn down soon - alerted the BPDA last week about its proposal for 35-43 Braintree St.
The location is near the intersection of Harvard Avenue and Cambridge Street, where another developer, City Realty, is planning several new apartment and condo buildings, and is near the New Balance complex and the Boston Landing commuter-rail stop, which has become the center of a series of development projects by a variety of developers.
Mount Vernon's proposal relies on the city's compact living pilot, in which developers can cram more, smaller units into a building, ideally with reduced rents that more people could afford.
The pilot requires buildings to be near existing transit stops - and to alert tenants they will not be able to get neighborhood parking permits - and to provide shared space for tenants to use. In its letter of intent, Mount Vernon points to the Boston Landing station and says it will provide "on-site amenity space" for residents. More details will come once it files its formal project-notification plan.
35-43 Braintree St. letter of intent.