9-11 Allen St. - CIP — File 212266

Project Title: Project Address: Department: Project Mgr.: Email: New Project or Modification: Department Priority: Rank your project(s) in order of priority from your point of view. If you propose four projects, rank them 1, 2, 3, 4, with 1 being the highest, and so forth. Project Description/Scope of Work: Justification: Relationship to Other Projects: Category: Please check all appropriate boxes Architectural/Engineering Feasibility Study Architectural/Engineering Construction Document Services & Construction Admin Building Alteration/Repair/Renovation/Addition/New Construction Building Improvements (non-construction) Purchase of Equipment (incl. vehicles, office equipment, hardware, etc.) Information Technology Systems/Platforms (e.g. cloud based, internet based, etc.) Street/Sidewalk/Monument Improvements Water Improvements Sewer Improvements Land Development Land Acquisition Land Disposition Parks and Open Space Other: Operational Impact: Reduce Cost (greater than 5%) Reduce Cost (less than 5%) Cost Unchanged Increase Cost (less than 5%) Increase Cost (greater than 5%) 9 & 11 Allen St. (Lots 82-D-10 and 82-D-11) FORM A ‐ DESIGN & CONSTRUCTION CAPITAL IMROVEMENT PROJECT (CIP) REQUEST ‐ FY21 Thomas Galligani tgalligani@somervillema.gov The operational impact of this project is both short and temporary in nature. Upon acquiring the lots the plan would be to dispose of the property via RFP to an affordbable housing developer that can meet the stated public need of the city. The only additional cost would be the minor administrative costs of the disposition process. 9-11 Allen St. Acquisition Acquiring 9-11 Allen Street makes the whole greater than the sum of the parts. It makes the SRA land far more valuable for redevelopment than as a freestanding alley-loaded lot. Instead, together, the lots permit significant development under the UR zoning. After acquiring this lot, the City and SRA can work together to dispose of these lots to a partner and achieve a public purpose. Most significantly, the combined site can be used either as affordable housing in the existing properties (with an extensive back yard), or – with demolition of the houses – as an affordable apartment building to round out the street with forthcoming market-rate apartment buildings along the west side of Allen The long term plan will be to use this property as affordable housing, either in its current form, or by building a new affordable housing building on this site and adjacent land. Allen Street in Somerville serves as a buffer between high density 10+ story development along Prospect Street in Union Square, and the 2-3 story buildings on streets to its east. Along the west (odd numbered) side of Allen Street are a series of lots zoned Urban Residence. This zone was designed to encourage redevelopment into 4 story apartment buildings. Each of these lots is approximately 150 feet in depth The city is receiving applications to build apartment buildings on lots on the odd side of Allen OSPCD- Economic Development As the city nears the end of the Greenline extension project this acquisition will pave the way to create additional affordable housing in the immediate vicinity of both the new Green Line Transit station and the transformative new development being brought online by US2 Associates. The acquisition would provide a vital piece of developable land dedicated for affordable housing purposes. Urgent First Building Acquisition What impact will this project have on operational costs?

Design and Construction Project Funding Total Estimated Cost Prior Years Funding FY 21 FY 22 FY 23 FY 24 FY 25 Capital Costs: Feasibility Study $ - - - - - - Land Acquisition/Appraisal $ 1,509,600 - 1,509,600 - - - Environmental Remediation/LSP $ - - - - - Demolition & Site Clearance $ - - - - - - Owner's Proj. Mgr./Clerk of the Works $ - - - - - - Designer Services (SD through CA) $ - - - - - - Construction $ - - Insurance (builder's risk, addtl. Polices) $ - - Furniture & Equipment (FFE) $ - - Police Details $ - - Contingency $ - - Other: $ - - Other: $ - - - - - - Total: $ 1,509,600 $ ‐ $ 1,509,600 $ ‐ $ ‐ $ ‐ Please provide suggested sources. This section will be finalized jointly by Finance and the Department. Funding Sources: Prior Years Funding FY 21 FY 22 FY 23 FY 24 FY 25 Stabilization Fund $ - - - - - - GO Bonds $ 1,509,600 - 1,509,600 - Retained Earnings $ - - General Fund $ - - Special Assmnt. $ - - Ch. 90 $ - - Grants $ - - Receipts Reserved $ - - Other: $ - - - - - - Other: $ - - - - - - Total: $ 1,509,600 $ ‐ $ 1,509,600 $ ‐ $ ‐ $ ‐ Evaluation Committee Use Only: Reviewed and Approved By: Version Requesting Department Date Draft Auditing Date Revised Purchasing Date Accepted Final Approval The cost was derived from a professional appraisal of the property plus anticipated recording and closing costs. - - - - - - - - - - - - - - - - $ ‐ - - $ ‐ - - - - -