The mammoth $5 billion, 21-building Dorchester Bay City project on Columbia Point cleared a key hurdle Tuesday, winning approval from Boston’s architectural review board ahead of an expected vote from the Boston Planning and Development Agency later this summer.It’s been four and a half years since the UMass Building Authority tapped real estate development firm Accordia Partners and Ares Capital Corp. to develop the 20-acre former Bayside Expo Center site alongside University of Massachusetts Boston’s campus, in a move former interim chancellor Katherine Newman at the time called an “extraordinary game changer” for the school. Accordia and Ares in 2019 agreed to pay $235 million for the site’s ground lease and planned to develop up to 3.5 million square feet.
Source: Huge Dorchester Bay project wins key approval – The Boston Globe
