P3 Roxbury Archives - Madison Park Development Corporation https://www.madison-park.org/press-category/p3-roxbury/ Tue, 09 Jul 2024 18:16:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.madison-park.org/wp-content/uploads/2025/03/cropped-Untitled-design-5-32x32.png P3 Roxbury Archives - Madison Park Development Corporation https://www.madison-park.org/press-category/p3-roxbury/ 32 32 154206511 On Citybbiz: My City at Peace and The HYM Investment Group Announce Investment in P3 Roxbury by Professional Athlete Shabazz Napier https://www.madison-park.org/press/on-citybbiz-my-city-at-peace-and-the-hym-investment-group-announce-investment-in-p3-roxbury-by-professional-athlete-shabazz-napier/ Tue, 25 Jun 2024 18:14:26 +0000 https://www.madison-park.org/?post_type=press&p=7550 My City at Peace (MyCAP) and The HYM Investment Group (HYM) are thrilled to announce that esteemed professional athlete with local roots, Shabazz Napier, has made a financial investment in P3 Roxbury, a […]

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]]> My City at Peace (MyCAP) and The HYM Investment Group (HYM) are thrilled to announce that esteemed professional athlete with local roots, Shabazz Napier, has made a financial investment in P3 Roxbury, a transformative, mixed-use development project in the heart of Roxbury’s Nubian Square neighborhood. Hailing from Mission Hill, Napier’s investment exemplifies his commitment to uplifting his local community and the vision he shares with MyCAP and HYM of creating a more vibrant, inclusive, and sustainable Roxbury. This significant project milestone also underscores the continued opportunity for local investors to join Napier in creating a bright future for the Roxbury community.

“We’re thrilled to celebrate the investment in P3 Roxbury from Shabazz Napier,” said Reverend Jeffrey Brown, Founder and CEO of My City at Peace and Thomas N. O’Brien, Founding Partner and Chief Executive Officer of HYM. “Our partnership with Shabazz exemplifies a shared commitment to uplifting communities and creating lasting change in Roxbury. By prioritizing deeply affordable housing, equitable job opportunities, and meaningful inclusion in the development process, P3 seeks to foster a future where all can thrive.”

Read the entire article as it originally appeared on Citybiz here.

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]]> 7550 In High Profile: BPDA Designates Community-recommended Team to Redevelop Parcel 3 in Roxbury https://www.madison-park.org/press/in-high-profile-bpda-designates-community-recommended-team-to-redevelop-parcel-3-in-roxbury/ Mon, 23 Jan 2023 16:29:14 +0000 https://www.madison-park.org/?post_type=press&p=6143 On January 20th, 2023, High Profile reported that "The Boston Planning & Development Agency (BPDA) board voted at its January board meeting to tentatively designate HYM Investment Group, LLC and My City at Peace (HYM/MyCAP) to redevelop Parcel 3 (P-3) in Roxbury" — Click for more details.

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]]> On January 20th, 2023, High Profile reported that “The Boston Planning & Development Agency (BPDA) board voted at its January board meeting to tentatively designate HYM Investment Group, LLC and My City at Peace (HYM/MyCAP) to redevelop Parcel 3 (P-3) in Roxbury.” Additionally, High Profile mentioned that HYM and MyCaP are proposing to re-design the long-vacant space into a cultural, social, and scientific hub for the Roxbury community through “affordable housing for the community, green spaces, life science buildings, a life science workforce training center, and a new museum and policy center.”

Read the full article as it appeared here.

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]]> 6143 In CBS Boston: Team redeveloping vacant lot in Roxbury hopes to bring new energy to neighborhood https://www.madison-park.org/press/in-cbs-boston-team-redeveloping-vacant-lot-in-roxbury-hopes-to-bring-new-energy-to-neighborhood/ Mon, 23 Jan 2023 16:19:24 +0000 https://www.madison-park.org/?post_type=press&p=6140 On January 19th, 2023, CBS Boston reported that "the Boston Planning and Development Agency Board voted to tentatively designate HYM Investment Group and My City at Peace to redevelop Parcel P3 in Roxbury" — Click to read more details.

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]]> On January 19th, 2023, CBS Boston reported that “the Boston Planning and Development Agency Board voted to tentatively designate HYM Investment Group and My City at Peace to redevelop Parcel P3 in Roxbury.” According to CBS Boston, “Parcel P3 is made up of 7.7 acres of vacant land, off of Tremont Street, just blocks from Melnea Cass Boulevard.” Parcel P3 will also be home to the following:

  • More than 400 combined housing, rental and homeownership units
  • Retail space
  • A life science workforce training center
  • Embrace Boston Center (Museum, Gallery, and Policy Center)

Read the full article as it appeared here.

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]]> 6140 In Universal Hub: Five-building residential and life-sciences complex with a museum could rise on long vacant parcel on Tremont Street across from police headquarters https://www.madison-park.org/press/in-universal-hub-five-building-residential-and-life-sciences-complex-with-a-museum-could-rise-on-long-vacant-parcel-on-tremont-street-across-from-police-headquarters/ Mon, 23 Jan 2023 16:06:11 +0000 https://www.madison-park.org/?post_type=press&p=6138 On January 20th, 2023, Universal Hub reported that HYM Investment Group LLC and My City at Peace (MyCaP) "won preliminary BPDA approval to build 466 apartments and condos, life-sciences space and a civil- rights museum on the long-vacant P-3 parcel on Tremont Street in Roxbury" — Click to read more details.

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]]> On January 20th, 2023, Universal Hub reported that HYM Investment Group LLC and My City at Peace (MyCaP) “won preliminary BPDA approval to build 466 apartments and condos, life-sciences space and a civil- rights museum on the long-vacant P-3 parcel on Tremont Street in Roxbury.” Universal Hub also shared that 66% of housing units in P3 Roxbury would be income-restricted and, additionally, the lot would also be home to the new King Boston museum, run by Embrace Boston, which recently unveiled the King memorial in Boston Common. The museum will include “a permanent collection about Boston’s complicated and inspiring civil rights history, as well as rotating exhibitions featuring nationally renowned BIPOC artists, and helping to uplift the next generation of BIPOC culture creators.”

Read the full article as it appeared here. 

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]]> 6138 In Boston Real Estate Times: BPDA Board approves new housing in South Boston, Dorchester, and Allston https://www.madison-park.org/press/in-boston-real-estate-times-bpda-board-approves-new-housing-in-south-boston-dorchester-and-allston/ Mon, 23 Jan 2023 15:59:44 +0000 https://www.madison-park.org/?post_type=press&p=6136 On January 20th, 2023, Boston Real Estate Times reported that the Boston Planning and Development Agency (BPDA) approved "four new development projects" throughout the City of Boston, one of them being HYM Investment Group LLC and My City at Peace's (MyCaP) P3 Roxbury development initiative — Click to read more details.

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]]> On January 20th, 2023, Boston Real Estate Times reported that the Boston Planning and Development Agency (BPDA) approved “four new development projects” throughout the City of Boston. According to Boston Real Estate Times, “the new projects will create 145 residential units, 56 of which will be designated income-restricted, and will support approximately 2,267 construction jobs and 4,614 permanent jobs.” HYM Investment Group LLC and My City at Peace’s (MyCaP) P3 Roxbury were amongst the selected development initiatives. They will transform a long-time vacant lot into a home for green spaces, life science buildings, a museum, and minority-owned businesses.

Read the full article as it appeared here.

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]]> 6136 In Boston Globe: Big happenings all over town won BPDA approval this week https://www.madison-park.org/press/in-boston-globe-big-happenings-all-over-town-won-bpda-approval-this-week/ Mon, 23 Jan 2023 15:44:18 +0000 https://www.madison-park.org/?post_type=press&p=6134 On January 20th, 2023, Boston Globe reported that the Boston Planning and Development Agency (BPDA) green-lighted multiple projects across Boston, including HYM Investment Group and My City at Peace's Parcel 3 Roxbury — Click to read more details.

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]]> On January 20th, 2023, Boston Globe reported that the Boston Planning and Development Agency (BPDA) “approved nearly $2 billion worth of projects across the city,” including HYM Investment Group and My City at Peace’s “7.7-acre Parcel 3.” Parcel 3 Roxbury will be home to “700,000 square feet of labs and 466 condos and apartments.”

Read the full article as it appeared here.

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]]> 6134 ON WBUR: MyCAP’s Parcel 3 victory and the Roxbury Strategic Master Plan Oversight Committee https://www.madison-park.org/press/5796/ Wed, 12 Oct 2022 21:11:35 +0000 https://www.madison-park.org/?post_type=press&p=5796 On Thursday, October 5th, My City at Peace (MyCAP) Co-Founder, Reverand Jeffrey Brown spoke to WBUR about MyCAP's Parcel 3 victory and the Roxbury Strategic Master Plan Oversight Committee's decision to approve their proposal for the redevelopment of the vacant lot located in Roxbury.

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On Thursday, October 5th, My City at Peace (MyCAP) Co-Founder, Reverend Jeffrey Brown spoke to WBUR about MyCAP’s Parcel 3 victory and the Roxbury Strategic Master Plan Oversight Committee’s decision to approve their proposal for the redevelopment of the vacant lot located in Roxbury.

Click the audio above to listen!

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]]> 5796 In Bay State Banner: Community Panel Picks Parcel P-3 Developer https://www.madison-park.org/press/in-bay-state-banner-community-panel-picks-parcel-p-3-developer/ Wed, 12 Oct 2022 21:02:10 +0000 https://www.madison-park.org/?post_type=press&p=5795 On October 5th, 2022, Bay State Banner reported that the Boston Planning Development Agency (BPDA) and Roxbury Strategic Master Plan Oversight Committee (RSMPOC), after a long-awaited decision, has finally selected the My City at Peace Parcel 3 proposal that will revamp the long-vacant 8-acre plot of land in Roxbury, MA.

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]]> On October 5th, 2022, Bay State Banner reported that the Boston Planning Development Agency (BPDA) and Roxbury Strategic Master Plan Oversight Committee (RSMPOC), after a long-awaited decision, has finally selected the My City at Peace Parcel 3 proposal that will revamp the long-vacant 8-acre plot of land in Roxbury, MA.

The HYM/MyCAP proposal plans for 184 homeownership units, 164 of which will be income-restricted, and 700,000 sq. ft. of life science space. Reverand Jeffery Brown, the co-founder of MyCAP, said that “the homeownership opportunities created through the MyCAP and HYM P-3 proposal are important steps toward addressing Boston’s Black Wealth Gap and creating opportunities for communities of color to build equity through homeownership.”

Read the full article as it appeared here. 

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]]> 5795 In BisNow: Wu Directs BPDA to Accelerate Approvals for Affordable Housing https://www.madison-park.org/press/in-bisnow-wu-directs-bpda-to-accelerate-approvals-for-affordable-housing/ Wed, 12 Oct 2022 20:51:04 +0000 https://www.madison-park.org/?post_type=press&p=5792 On October 6th, 2022, BisNow reported that Michelle Wu signed an executive order to expedite the approval process for affordable housing within Boston. This cut the time for affordable housing development in half.

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]]> On October 6th, 2022, BisNow reported that Michelle Wu signed an executive order to expedite the approval process for affordable housing within Boston. The order directed the Boston Planning & Development Agency (BPDA) to make significant adjustments to the Article 80 process to establish an “alternative path for affordable housing development review.”

Madison Park Development Corporation CEO, Leslie Reid, joined the signing alongside other housing development leaders.

Read the full article as it appeared here. 

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]]> 5792 In BisNow: Tishman Drops Bid for 8-Acre Roxbury Site, Paving the Way for HYM Team https://www.madison-park.org/press/in-bisnow-tishman-drops-bid-for-8-acre-roxbury-site-paving-the-way-for-hym-team/ Tue, 04 Oct 2022 22:42:55 +0000 https://www.madison-park.org/?post_type=press&p=5773 According to BisNow, HYM investment group, My City at Peace (MyCAP) is now the current and only front-runner for the proprietorship of the vacant Parcel P3 site located in Roxbury.

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]]> According to BisNow, HYM investment group, My City at Peace (MyCAP) is now the current and only front-runner for the proprietorship of the vacant Parcel P3 site located in Roxbury. By Friday, October 1st, 2022, MyCAP’s remaining opponent, a Tishman Speyer-led team, dropped its bid, leaving the HYM Investment project to spearhead the development of the unclaimed vacancy in Roxbury.

BisNow articulates that MyCAP’s plan would transform the nearly 8-acre plot of land into a mixed-use space that includes income-restricted rental units, retail spaces intended for minority-owned, local businesses, and 700,000 sq. feet of life science space.

In a press release, HYM CEO, Thomas O’Brien, stated that the “P-3 proposal has been intentionally designed to reflect and serve the surrounding Roxbury community,” He went onto add that HYM is “honored to have the support of so many key stakeholders and community members,”

Read the full article as it appears here. 

 

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