CIM Group and Boston Global Investors plans to add a 20 story tower containing 306 apartments and condominiums at 201 Stuart St Boston and rental housing units. Only 672 of the 1,037 parking spaces would be retained at the garage, which was the world’s largest upon completion in 1926, including 144 reserved for residents. 46,000 of the property’s 50,000 square feet of retail and restaurant space would be retained.
“The project’s height was considered as a continuation of the high spine of Boston,” the development team wrote in the Sept. 10 project notification form. “With the rhythmic and ornamental façade of the existing building, the design approach is to make a strong and immediate connection between the existing façade and the new tower.”