Economic accessibility is just as important as physical access, as contemplated in the Imagine East Bank plan. The Boston-based Fallon Company will be developing the first 30 acres on parcels surrounding the new stadium under the agreement the city council approved last month. The company is required to provide 1,550 housing units over the next decade—and nearly 45 percent of them must be affordable. The first 300 units, to be built within two years, must all be affordable, based on the area’s median income, and will include a childcare center.
“We’re committed to having a range of affordability,” Fallon President Brian Awe told WPLN in April. “Running the gamut from very-low-income subsidized, to more affordable housing, workforce housing, and spreading across all of the different buildings.”
East Bank represents the latest chapter in Perkins Eastman’s legacy of waterfront plans, Fang says. “This is the next generation. It addresses the biggest challenges facing cities today such as equity and resilience,” he says, while retaining the “same foundational principles” of great placemaking, access, and focused activity on the water.
Click here to follow the city’s progress as the East Bank takes shape, and here to read about the full scope of the Perkins Eastman plan.