A 158-Unit Mixed-Income Housing Proposal Reaches Another Milestone
Sixteen Penny Company has submitted revised plans for The Magnolia, a proposed 158-unit mixed-income housing development in Jamaica Plain, marking the project’s third filing with the Boston Planning & Development Agency. The revised plan for the former Poor Clare Monastery site includes 158 new homes. The Magnolia project has gone through three years of design changes, community input, and environmental review. According to the developer, the project also features 38 affordable rental units. Of these, 36 are for families earning 60% of Area Median Income. Two are for families with a housing voucher. The development team includes Hacin and Mikyoung Kim. Both firms are known for their work on residential, civic, and public space projects in the region. According to the developer, the project is intended to help address Boston’s ongoing housing shortage. Owner John Holland and project manager Seamus Holland said the project offers several benefits. These include adding affordable housing and promoting homeownership. They also include protecting green space and providing tax revenue for the city.
