|Courtesy of MaxWellsGreen.Com|
Gate Residential and KSS Realty Partners, the two firms responsible for the Maxwells Green project on Clyde Street in Ward 5, is one of 6 bidders looking at the Powder House Community School location. They have also bid on the Davis Square Hotel project, as well.
Along with big names such as Tufts University, Gate Residential and KSS Realty submitted their proposal in February after the City declared the 1.85acre parcel surplus and sought submissions in late 2012. The school has been closed since 2004 and has been a big neighborhood focus in Ward 7.
The City is moving forward with establishing a review committee within the next couple of weeks to review the 6 proposals submitted by Gate Residential/KSS Realty Partners, Tufts University, Davis Square Architects, Diamond Sinacori Real Estate Development, Peter Lee, and Mammoth Acquisition Company, LLC.
An approval timeline of Summer 2013 has been set.