WORCESTER – Plans for a large mixed-use development on Green Street in the former club area of Sir Morgan’s Cove have been significantly reduced, according to documents filed with the Planning Council.
Gold Block Real Estate LLC has filed an amended sitemap with the board of directors. The developer planned a 13-storey, 380,580 square foot mixed-use building with 318 residential units, nearly 30,000 square feet of retail or restaurant space, and a 152-space parking garage.
The project overlooks the polar park.
The amended proposal almost halves the original plan; it was reduced to seven floors, 173 residential units, 16,000 square feet of retail space and 99 garage parking spaces.
The developer points out in the amended site plan request that much of the original concept of the “Cove” development remains, including plans for a bowling alley and bicycle parking spaces, but that the revised plan diminishes it. development impact.
The application notes that the remaining buildings on the site, which includes 85, 89, 99 and 103 Green St.; 2, Plymouth Street; 5 and 7 Gold Street; and part of 62 Washington St., will be demolished within the next 60 days. This includes the former Sir Morgan’s Cove club at 89 Green St.
The project will essentially replace the Green Street block between Plymouth and Gold streets. The modified site plan covers outdoor amenities, including a rooftop gathering space and restaurant terraces on the ground floor.
Gold Block is managed by Harry DiLeo, Thomas Keane and Christopher Archambault. Keane and DiLeo also manage Churchill James.
Four of the properties which are part of the new plan presented to the planning board next week were part of a deal that allowed the city to offload properties it had taken across a prominent estate as part of the Polar Park construction project. The properties at 85 Green St., 2 Plymouth St., 5 Gold St. and 7 Gold St. were ultimately not needed as part of the stadium. The city, through the Worcester Redevelopment Authority, made a deal to sell the properties to Churchill James for $ 3 million – the amount the city paid.
The proceeds from the sale were allocated to an initial reserve fund to repay the bonds for the rough project.
Neighbor of the polar park
Due to its proximity to the baseball stadium, the new project, if approved and built, will be included in the District improvement funding area created to finance the construction of the baseball stadium. The gradual increase in tax revenues generated by private development in the district will be used to cover debt service on bonds sold to finance the construction of the 10,000-seat stadium.
The planning board approved Gold Block’s original site plan proposal in May; At that time, residents and business owners in the area said they were concerned about the size and scale of the 13-story development, saying it could lead to a “walling” effect between the neighborhood and the stadium.
The developers have requested that the planning board review the new site plan at their next available meeting.