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The Planning Board voted 5-0 to approve a proposed $69 million mixed-use development at 115 Madison Street with 197 residential units, ground-floor commercial space, and 150 parking spaces.
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The six-story project will redevelop a 1.4-acre vacant site near Green Island Boulevard and Lamartine Street, adding housing, sidewalks, bicycle facilities, pocket parks, and stormwater improvements. The developer plans to meet the inclusionary zoning requirement through a payment to the Affordable Housing Trust Fund rather than providing affordable units on site. The approval includes conditions addressing pedestrian safety, flood protection, landscaping, drainage, garage access, and transportation management.
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