Core Investments today filed plans for a four-building complex along Dorchester Avenue at Alger Street that will include life-sciences labs, offices, retail space and 196 residential units - on a nine-acre site where the company originally planned to put a large Amazon warehouse that the BPDA rejected as not in keeping with the residential/office future it has planned for that stretch.
The proposed On the Dot would be adjacent to a similar, but larger project proposed by National Development.
Core Investment calls for buildings between 11 and 17 stories tall, with three buildings filled with biotech labs and offices, as well as ground-floor commercial space and one 13-story residential building - 1.74 million square feet of space in all. The plans call for 600 parking spaces in underground garages.
Some 1.6 acres of what is now an old scrap and salvage yard will be turned into landscaped parkland.
Because the site sits in an area that could flood with sea-level rises, Core Investment says it would put the first floors of the buildings above anticipated new flood levels. Entrances to underground garages will be built to allow for temporary flood barriers, the company says, adding, however, it's really counting on the city to follow through with plans to build a flood wall between 3 and 6 feet high at the end of Fort Point Channel, which is where the sea would attempt to reclaim all the land that was once part of South Bay.
On the Dot filings and calendar.