On a small empty lot at 50-58 Cliff Street, not far from the South Street Seaport, will rise a 24-story tower with 120 units of below-market rents based on income. Eighteen apartments will be set aside for formerly homeless people, with social services on the ground floor.
Construction on the building is expected to begin in mid-2027 and be completed in three years. But it is not the only large construction project to be going up around Southbridge Towers in the near future. Two roughly 90-story towers at 100 Gold Street and a 324-foot-high residential building at 250 Water Street are also planned.
