Developer Costas Proposes Two New Apartments at Chelsea Market Without Structural Changes

In a recent meeting of the Chelsea Zoning Board of Appeals, a proposal to convert storage space into two new residential units was discussed, highlighting the city's ongoing efforts to address housing needs. The proposal involves adding two two-bedroom apartments at the rear of an existing four-unit structure, which currently includes four garages.

The developer, Mr. Costas, emphasized that the new apartments will not alter the building's footprint, as they will be constructed within the existing structure. This approach aims to maximize space without requiring significant changes to the building's exterior. The addition of these units is expected to generate more tax revenue for the city while providing much-needed housing options for residents.

The project will provide a total of 11 parking spaces, exceeding the requirement of 10 spaces for the two new units. This alleviates any potential parking concerns, as confirmed during the meeting. The proposed apartments will vary in size, with one unit measuring 1,700 square feet and the other 866 square feet, both designed to accommodate families.

Mr. Costas, a prominent developer in Chelsea known for upgrading properties to meet modern standards, aims to enhance the building's overall appeal while addressing the local housing shortage. The board's discussions reflect a commitment to balancing development with community needs, ensuring that Chelsea continues to evolve as a vibrant place to live.

As the proposal moves forward, it represents a step toward increasing housing availability in Chelsea, aligning with broader community goals of sustainable growth and improved living conditions for residents.