276 Border Street | East Boston | Offering Memorandum

276 Border Street is situated in the Waterfront Commercial Subdistrict (WC). Within the WC zone, there are a variety of uses that are allowed, from retail and multi-family to boat rental, storage and repair. However, all uses within Waterfront Subdistricts are subject to Chapter 91 of the Massachusetts General Law. Additionally, 276 Border Street is in a Designated Port Area (DPA). The Massachusetts Office of Coastal Zone Management uses Municipal Harbor Plan regulations to work with municipalities to take a comprehensive approach to planning for their DPAs. These standards include measures to preserve and enhance the capacity of the DPA to accommodate water-dependent industrial use and measures to prevent substantial exclusion of such use by any other use eligible for licensing in a DPA. In a DPA, a municipality may request flexibility for certain use standards, but must balance that flexibility with strategic elements that ensure that DPA interests are still protected. MassDEP also implements DPA policy at the project level through the Chapter 91 regulations, which govern the licensing of structures and uses in DPAs.

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