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New Tower With Community Benefits Approved for 25 Columbus Drive


New York-based Handel Architects has designed a project that would build the aforementioned 750-unit tower, a brand new 35,000 square foot public school, four storefronts and a public plaza, also sprucing up a current affordable housing complex in the process.


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The property currently produces about $51,000 in taxes annually for the city, but when the new tower rises and the retail and school components get built out, over $1.7 million per year in ratables will be generated for the city with the tax abatement
 
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