Development plan and business outline for historical redevelopment in the City of Cambridge
Author(s)Cooke, Francesca B. (Francesca Bruno); Scott, James Robert
Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.
Andrea M. Chegut.
MetadataShow full item record
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.
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).
DepartmentMassachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.; Massachusetts Institute of Technology. Center for Real Estate
Massachusetts Institute of Technology
Center for Real Estate. Program in Real Estate Development.