A nearly 46-acre redevelopment is proposed in Cambridge, expected to include over 2,600 housing units and cost around $4.5 billion. The development will provide 4.6 million square feet of floor area, with 14 acres designated for plazas and open spaces. A pedestrian bridge is planned for easier access to Alewife Station. The design focuses on creating walkable streets and vibrant community spaces, promoting face-to-face interactions. Construction is anticipated to begin shortly after local approvals, with an estimated ten-year construction timeline.
The proposed 46-acre development in Cambridge aims to add over 2,600 housing units near the MBTA Red Line, costing an estimated $4.5 billion.
Healthpeak has filed a detailed environmental notification form outlining the redevelopment which includes 4.6 million square feet of floor area with plazas and open spaces.
The proposal emphasizes the creation of a pedestrian-oriented environment with walkable streets, active ground floors, and vibrant open space areas for community interaction.
Construction is expected to last ten years, starting within a year of local approvals, aiming for completion around 2026.
#cambridge-development #housing-units #urban-redevelopment #pedestrian-oriented-design #mbta-alewife-station
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