Jackson Sq. development gets funding

August 15, 2014
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The Jamaica Plain Neighborhood Development Corporation (JPNDC) has received funding for its planed low-income apartment project at 75 Amory Ave.

“We have secured the financing for 75 Amory Ave., which means we will start construction in 2015,” said JPNDC spokesperson Sally Swenson in an email to the Gazette.

JPNDC, a nonprofit community development corporation, is part of Jackson Square Partners, a coalition of companies redeveloping about 11 acres of land in the Jackson Square area in a coordinated plan.

The 75 Amory Ave. project is part of the first phase of the Jackson Square redevelopment master plan that was approved by the BRA in 2007. It originally was planned as a six-floor building with 36 affordable rental units and 19 affordable condos.

But the Great Recession stopped those plans. The new proposal is for a four-floor building with 39 affordable rental units and 1,015 square feet for office and resident program use. JPNDC has said the reduced size allows it to build a wood-framed structure, which is less expensive than the steel-framed alternative.