A New York developer that once proposed a 59-story residential building at the corner of Bromfield and Washington streets downtown is now telling the BPDA it will soon file plans for a less lofty 21-story office building with some retail at the lower elevations.
In a letter of intent submitted this week, Midwood Investment and Development said its latest proposal calls for three levels of retail - the first and second floors and the basement - on a street that has been slowly turning into a commercial desert as old tenants move out and are not replaced.
The developer is proposing no parking spaces for the building, given its location near so many subway stops.
Midwood says its latest proposal - it filed its first plans back in 2008, just as the economy went into a tailspin - would represent "an exciting addition to the ever evolving Downtown Crossing area."
When Midwood filed its second set of plans, in 2016, downtown was seeing a burst of residential development and conversions - see Millennium Place. Since then, the area has seen a boom in commercial leases, by small and start-up companies that can no longer afford the Seaport.
Midwood letter of intent (883k PDF).