The Zoning Board of Appeal today approved plans by Joey Arcari to replace what is now a vacant lot at 748-750 East Boradway at L Street with a four-story building: Ground-floor retail space topped by three residential floors with a total of nine apartments.
The board approved the proposal after Arcari's lawyer, George Morancy, said Arcari, who owns the Broadway and the Playright, agreed to fill the ground-floor space with something other than a bar or restaurant, like a store of some kind.
Arcari also agreed to rent one of the apartments, a two-bedroom unit, as affordable, to a tenant making no more than 110% of the Boston-area median income, which would mean a maximum monthly rent of $2,679, Morancy said. The city's affordable-housing requirement only kicks in with projects of ten or more units.
With the bar/restaurant restriction in place, the proposal won support from City Councilors Ed Flynn, Michael Flaherty and Erin Murphy and US Rep. Stephen Lynch. The City Point Neighborhood Association also supported the proposal.