The City’s Zoning Board of Appeals (ZBA) is preparing to begin reviewing a gigantic development of 455 units in five buildings on Everett Avenue that would include the demolition of the historic Chelsea Clock Building.
The plans were filed with the City on Feb. 12 by Thibealt Development LLC, controlled by William Thibeault – owner of Wood Waste just over the line in Everett. He is being represented by Attorney Anthony Rossi. Neither returned communications from the Record immediately to comment on the transformative project – known simply as Residences at Chelsea Lofts.
The majority of the area is now used for scrap yards or heavy industry. Chelsea Clock has mostly moved out of its old building and occupies a newly renovated space on Second Street.
A review by the ZBA is set up for April 14 at 6 p.m. in City Hall.
The project would begin with phase one and the first building, which would include tearing down the old Chelsea Clock building and constructing a four-story building fronting the street and across from Chelsea High School.
That building would contain 72 units situated above 14,700 sq. ft. of street level retail space.
It would be the only aspect of the project with retail space, and – like the rest of the project – would include at-grade parking on the first level.
Building two on Vale and Carter Streets would contain 84 units in five stories. Building 3 would be behind Building 1 nearer to Vale Street and would contain 96 units in four stories.
In the center of the development would be an amenities podium with areas for recreation for residents.
There would be no public areas in the development.
The first phase is targeted to be completed fully within five years of a building permit.
Phase 2 would include two buildings on the other side of Vale Street.
Building 4 would have 84 units in four stories, while the final Building 5 would have 116 units in four stories.
All parking would be at-grade again, and the project would be slated for completion three years after the completion of Phase 1.
There will be a total development parking allotment of 522 spaces, with 43 commercial spaces for the retail component.
Some 77 percent of the overall units will be Studios (63) or one-bedrooms (287), with 22 percent of the units being two-bedrooms (102). All of the units would be rental apartments.
There was no cost estimate yet, as the p
lans are still very preliminary.
In cursory reviews, City officials commented in the record that there are concerns about flooding in the area and about plans to refurbish the streets and sidewalks in the vicinity.
Seth can be reached at [email protected]