A Boston developer has filed plans to build a 118-foot residential and retail building along Congress Street in Boston’s Fort Point Channel neighborhood.
Gate Residential LLC submitted documents to the Boston Redevelopment Authority indicating it wants to build 40 residences with a ground-floor restaurant or other retail store at 338 Congress St. The property is currently used as a parking lot.
If approved, the project would be the latest of several new residential buildings in the neighborhood. The Fort Point Channel, along with the broader South Boston Innovation District, has attracted construction of scores of new homes in recent months.
The project proposed by Gate Residential will require zoning relief, although the company’s filing indicates it is designed to be consistent with guidelines to preserve the historic character of the neighborhood.
The Fort Point Channel is filled with turn-of-the-century brick warehouses and factories that have made it an appealing destination for new residents, artists, and a broad array of companies.
Gate Residential recently built a large apartment community called Maxwell’s Green in Somerville and it is developing a similar complex along Route 1 in Chelsea.
The company indicated that it intends to submit more detailed plans for the Congress Street proposal to the BRA in October.