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Project Name

120-122 Hancock Residential

Project Parcels

1301632000

120 HANCOCK ST
Owner:
City of Boston - DND
5,884sqft

1301631000

122 HANCOCK ST
Owner:
City of Boston - DND
7,725sqft
Project Images

11 PHOTOS

Neighborhood
DORCHESTER
Councilor
Baker
Units Total
15
Income-Restricted Units
15
Property Size
13,609 sq/ft

Developer

Urbanica, Inc.

Project Goals

The proposed project will total fifteen (15) units and involve two (2) buildings with fifteen (15) affordable homeownership opportunities. The affordability mix will include eight (8) Middle-Income Sales and seven (7) Moderate-Income Sales. DND determined Moderate Income sales prices (up to 80% AMI) are $182,100 for a 1-bedroom unit and $217,000 for a 2-bedroom unit. Middle-Income sales prices (up to 100% AMI) are set as $243,200 for a 1-bedroom unit and $281,600,000 for a 2-bedroom unit.

Timeline

Summer 2019

Community Feedback

We’re meeting with community members to gather feedback on plans for the site.

Winter 2019

Developer Selection

We’ll release a Request for Proposals and select a developer for this site.

Jan 28, 2019

Request for Proposals (RFP) Opened for Bidding

Summer 2020

City Planning

This project is going through a zoning review with the Boston Planning and Development Agency (BPDA). Then we’ll work with the Developer on funding, design, and compliance.

Under Construction

Predicted Date: Fall 2022

Project Complete

Predicted Date: Winter 2024
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