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BOSTON - Wednesday,
October 6, 2021 - Today Mayor Janey joined the Dorchester Bay Economic
Development Corporation, Boston Capital Development, Escazú Development,
Newmarket community partners, and local residents for the grand opening
celebration of Indigo Block, an 89-unit, mixed-use, transit-oriented
affordable development on a 2.5-acre parcel located at 65 East Cottage
Street in Dorchester.
“The completion of
the rental units at Indigo Block is the culmination of years of hard work
and many productive partnerships between the community, area stakeholders,
government agencies, and private investors. I am proud that together, we
are guaranteeing long-term affordability by creating these new homes,” said
Mayor Kim Janey. “I want to thank Dorchester Bay Economic Development
Corporation, Boston Capital Development, and Escazú Development for all
they have done to get the project done against all odds in the middle of a
pandemic.”
Indigo Block creates
80 mixed-income rental units and nine homeownership units for first-time
homebuyers. Also, it creates 23,000 square feet of light industrial and
office space, which will accommodate up to seven commercial tenants. Indigo
Block creates affordable housing options and provides opportunities for
small businesses to expand and create jobs in the community.
Dorchester Bay and
its partners, Boston Capital Development and Escazú Development, have
developed 80 rental units that will house low- to middle-income households.
Of the rental units, 44 will be available to individuals making up to 60%
of the Area Median Income (AMI), or $56,400 per year, and 36 will be
for individuals making between 61% and up to 90% of AMI, or $76,100 per
year.
“As an
organization, Dorchester Bay strives to create healthy, safe, and
attractive homes for our residents, and economic opportunities for the
community. This project shows how a truly productive private, nonprofit,
and public sector partnership can accomplish these goals. We're grateful to
all of our partners for helping us to deliver Indigo Block, and we look
forward to its being a community asset for years to come,” said Dorchester
Bay EDC CEO Perry Newman.
“We are very
excited that Indigo Block is near completion. This project fills an
incredible need in the community for more mixed affordable housing units as
well as light industrial space that we know will provide dozens of jobs for
local residents! The strength of our partnership has been key to
bringing about a model development that we know will set the bar for
similar projects in the future,” said Newmarket Community Partners
Executive Director Susan Sullivan.
Indigo Block was
designed by Davis Square Architects to be energy and resource-efficient in
accordance with the City of Boston’s Green Affordable Housing Program. It
utilizes high-efficiency heating and cooling systems fixtures, as well as
Energy Star-rated appliances. The development also employed environmentally-friendly
design features throughout. The site received LEED Neighborhood Development
certification. It also meets the U.S. Environmental Protection Agency’s
Energy Star standards.
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