Development plan and business outline for historical redevelopment in the City of Cambridge

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.

Department dc:contributor.department

Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2016

Authors dc:creator

• Cooke, Francesca B. (Francesca Bruno)
• Scott, James Robert

Advisor dc:contributor.advisor

• Andrea M. Chegut.

• Center for Real Estate. Program in Real Estate Development.

Statement dc:rights

• MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/106758

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/106758