The locally based development company submitted a projectnotification form to the Boston Redevelopment Authority in which itemphasizes that the project will create a "new housing opportunityin the South End, rehabilitate a vacant historic landscape andestablish an active urban streetscape on the site of a surfaceparking lot."

Bob Walsh, president of the company, tells GlobeSt.com that theproject, which he estimates will cost $78 million, will bedeveloped in two phases. The first part of the project involvesredeveloping 87,500-sf of the old high school building into 66units. The second phase involves new construction of a 173,000-sf,117-unit building with underground parking and a landscapedcourtyard.

Walsh points out that his company signed a purchase and saleagreement with the Jesuits who own the building contingent uponwhether the city will permit the project. The site will need to berezoned as an overlay district, notes Walsh, because it currentlyis in two different zoning areas. He emphasizes that the sale ofthe property was advertised last spring and is not part of theChurch's attempt to sell some of its assets to cover itssettlements in the church abuse scandal.