21-story building seen as ‘undoable’

Volnay Capital has presented a proposal for a 21-story mixed use building for the Spring Street “Triangle” area. The site as seen recently. (Rendering courtesy of Volnay Capital)

Site thought better suited to 4-6 story project

By JOSH RESNEK

The proposed 21 story tower with 387 units for Spring Street in the so-called “Triangle” where the city wants to build apartment housing on a grand scale is considered by several local developers as undoable.

The notion that Everett can enter the 20-story high Boston type building club is improbable at best and impossible at worst, according to the developers, who all wished to remain unnamed.

“Not even at Assembly Square (in Somerville) are the buildings taller than 12-14 stories,” said one of the developers.

Another developer said the numbers just don’t work for such a building in Everett.

Continue reading 21-story building seen as ‘undoable’