Development plan and business outline for historical redevelopment in the City of Cambridge
Name
969742208-MIT.pdf
Description
Full printable version
Size
10.94 MB
Format
Adobe PDF
Checksum (MD5)
bec24cf081b6cc6ac250da7f122ec0e8
Author(s)
Cooke, Francesca B. (Francesca Bruno)
Scott, James Robert
Advisor(s)
Andrea M. Chegut.
Date Issued
2016
Publisher
Massachusetts Institute of Technology
Abstract
This thesis explores the redevelopment potential of a historically landmarked church building in Cambridge, MA. The building is in a rapidly developing area in constant need of new housing. The proposal is bound by the constraints mandated by the building's historical designation, a ground lease payment to its owner, and a new chapel to serve the local community. The development plan must be sensitive to a number of stakeholder concerns, which are addressed through conscious design interventions, programmatic elements, and stress-tested financial projections. This document is divided amongst market and site context, a program and design outline, and a financial proposal reflecting nuanced market assumptions. It is prepared from the perspective of the developer / general partner. The thesis concludes with the overall feasibility of redevelopment on the site and demonstrates why the authors and their vision are uniquely suited for this redevelopment.
Description
Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2016.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 84-85).
Subjects
Center for Real Estate. Program in Real Estate Development.
MIT Department
Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.
Massachusetts Institute of Technology. Center for Real Estate
Terms of Use
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