45 L Street is South Boston's newest project set to have 30 residential units and 1,000 s.f of retail space. Peter M. Leoutsakos, and architect is Niles Sutphin plan to work together to transform the site into a new five-story 42,963 sq.ft. residential building. The project is proposed to cost $11,050,000 and will have 30 residential units. 26 units will be offered at market-rate, while 4 units will be offered at affordable housing rates. Of the 30 residential units, there will include 20 two-bedroom units, 4 three-bedroom units, and 6 one-bedroom units.
The five-story building will contain 1,009 square-foot ground-floor commercial space, and a total of 32 parking spaces. 30 of the parking spaces will be in an at-grade garage, plus 2 outside visitor/commercial spaces. The commercial space will accommodate a local insurance business, Higgins Insurance.
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