Our vertical development will be complimented by over 210,000 square feet of open space (64% of the site), consisting of a series of distinct “outdoor living rooms” putting the landscape at the core of the P3 experience. We envision a 10,000 square foot learning lab on the ground floor to promote workforce development through our partnership with the Benjamin Franklin Institute of Technology. Additionally, we propose 180,000 square feet of R&D/lab space. We propose over 67,000 square feet of community and retail space, all of which would be heavily subsidized with ongoing operational support to set local emerging talent up for success at P3 and lower the barriers to entry for small business owners. On the residential side, we propose 498 rental units that would be 100% income-restricted and 62 homeownership units of which 15 will be live-work units, 67% income restricted. The Team’s proposed development contemplates a mixed-use program. By doing so, we will celebrate and promote Roxbury’s history and build for its future.
We want to integrate the project into the broader Roxbury neighborhood by designing inviting spaces, creating a destination with retail and cultural community spaces, and cultivating a public realm that responds to community feedback. We recognize the importance of community input and support in successfully blending a new development into an existing neighborhood’s fabric. We have formed a team where the resources of a large global firm like Tishman Speyer can help amplify and increase capacity for a new generation of developers and particularly amplify the contributions and capacity of Black women. Taidgh McClory (THM) and Milton Benjamin (KAGE) have created a strategic DE&I Framework for the ERC project from team inception through each stage of procurement and ultimately long-term ownership and ongoing operation. Members of the collective team have worked together on many projects in different configurations, including at the Enterprise Research Campus (“ERC”) in Allston, where Tishman Speyer, in conjunction with Richard Taylor, have raised over $31 million of equity from a Black and Brown investor base, representing the largest capital raise of its kind in Boston. Together we are excited to leverage our personal history and presence in the Roxbury community, global experience in innovative placemaking, local experience as civic champions, and expansive experience developing a mixture of affordable housing and community wealth creation strategies.
Our collective history includes a long-standing participation in the Boston real estate community.
Parcel partners professional#
Ruggles Progressive Partners and Tishman Speyer (RPP/TS) is itself a true joint venture partnership between RPP (MBE-M/WBE) (35% Partner) and TS (65% Partner) one that places racial equity as a central component of our professional practices, principles, and operations.
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