Parking structures will be a key component of Bushnell South, a development that aims to replace acres of parking with up to 1,200 new housing units and 60,000 square feet of retail and commercial space.
“The main objective is to take advantage of the [Capital Region Development Authority’s] working on some critical properties and investments they’ve already made in the Clinton Street parking lot, ”said Ben Carlson, director of urban design for Goody Clancy, a Boston-based architecture and planning firm, in an update. day of September 16 at the CRDA. plank.
As the existing supply of above-ground parking declines, Carlson said they will need to create more parking structures and then operate them in a shared-use format that will allow residents, office workers and theatergoers to use them at different times of the day and week.
“We minimize the costs and the square footage required and this opens up opportunities for development,” said Carlson.
The project focuses on approximately 20 acres bordered by Capitol Avenue and Elm, Trinity and Main streets near the Bushnell Center for the Performing Arts.
CRDA built the new $ 16 million parking lot on Clinton Street. It is also contributing $ 13.5 million to the conversion of the former state office building at 55 Elm St., into 164 residential units, a $ 63 million project that is part of the first phase of the development. from Bushnell South. In total, the first phase will have 278 housing units.
CRDA executive director Michael Freimuth said the authority owns several plots in the area and plans to underwrite other projects in line with the plan prepared by Goody Clancy.
The second and third phases take advantage of the addition of two levels and approximately 135 spaces to a CRDA parking structure by creating a mixed-use building facing the state office building, Carlson said.
Phases two and three represent half of the housing potential of the project, he said.