Do You Know About the Waterfront Developments Coming to East Boston?

NUBE is organizing neighbors in East Boston, especially working families, immigrants, youth and business owners, to take maximum advantage of the benefits and to mitigate as much as possible the negative impacts of the new waterfront developments to be constructed in East Boston. These developments were evaluated and approved more than 10 years ago, when the composition of this community was very different. We want the community to be thoroughly informed and included in the decision-making, the new developments and investments to be responsible and to produce the maximum benefit for the progress of the community that currently lives in East Boston.

The following is from a presentation created by the Fight for a Fair Economy Campaign. If you would like us to give the presentation to your organization or if you would like more information or to participate in our campaign for a fair economy, call us at 617-981-4010.

The Developments

129 5 Waterfront Developments

These developments have already been approved. They include:

  • About 910 units of housing, with only around 120 units of affordable housing
  • 1,500 parking spaces
  • Restaurants and a café
  • A bed and breakfast and a possible hotel
  • Shops
  • A movie theater
  • A health club
  • Offices
  • A marina and marine facilities
  • A water taxi landing

130 Photos of the developments

Rents

“The developers, including Roseland Property Co. and WinnDevelopment, insist that to make their projects viable, they need to get $3 per square foot — or $3,000 per month — for a 1,000-square-foot two-bedroom apartment, or $2,400 for an 800-square-foot, one-bedroom unit.”

It is calculated that only households with annual incomes of at least $125,000 will be able to afford $3,000 monthly rents plus utilities and that fewer than 1 in 10 current East Boston households make enough to afford to live in the developments.

The Facts

  • The new developments that are being created are not being built for the people that currently live in East Boston.
  • Rents will increase to potentially $3.00 per square feet-$3,000 a month for 1,000 square feet apartment.
  • Three quarters of the people that live near the new development are near or below poverty. 
  • Only fifty-six percent of the people that live near the development have a job.
  • We do not know how it will impact the environment, parking, local businesses and public spaces.

Demands

To take maximum advantage of the benefits and to mitigate as much as possible the negative impacts of the new waterfront developments we can demand as a community:
  • No tax breaks without community investment!
  • Community inclusion in decision-making
  • Jobs and training for people in East Boston
  • Affordable housing or rent stabilization
  • Investment in public spaces
  • A community meeting room for the community
  • More frequent trash collection