The long-delayed, 30-story mixed use tower known as Kensington Place in Chinatown seems to be moving forward. The developer, Kensington Investment Co., is resubmitting plans to the Boston Redevelopment Authority this week, according to the Boston Herald.

New plans eliminate a parking area and up the number of rental units from 300 to 360. Apparently this is enough to get the developer’s investors off the sidelines. Plans were first proposed in 2003 and in 2005 the historic Gaiety Theatre was leveled to make room for the project at the corner of Washington and LaGrange — which quickly turned into an empty lot.

The additional “empty hole” has been a sore point for Chinatown residents who backed the development to rid the area of its old “Combat Zone” reputation. The timing of the restart seems odd — seemingly out of nowhere. Kensington has reportedly agreed to pony up a whopping $7 million to a Chinatown elderly housing development, so some kind of penance seems to have been paid.

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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