BOSTON—The largest public housing development in the city is in line for a major upgrade and expansion.

The Boston Housing Authority has selected a team led by locally-based Corcoran Jennison to replace 1,100 existing public housing units in the Charlestown development and add another 1,300 units at the 24-acre site. The multi-phased initiative has been valued at approximately $1 billion at full build-out and is geared to creating a mixed-income community at the property.

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