South Boston will have a new gateway building breaking ground in 2008. The makers of Court Square Press and the Macallen Building, Pappas Enterprises, has obtained approval from the Boston Redevelopment Authority to move forward on a 64-unit condo development that will sit above the existing Broadway Red-Line T-Stop at the entrance to South Boston after crossing the Broadway Bridge. The new South Boston development will be called Leachmore Point.

Sitting at 11 West Broadway, Leachmore Point will be architected as a brick and glass eight-story structure, a creation of Margulies & Associates, a Boston-based architecture and design firm. The new Leachmore Point building will sit at the corner of Broadway and Dorchester Avenue across from the existing 2004 Court Square Press condo development, and the recently opened Macallen Building – Phase I and II of Pappas’ vision for the Broadway T-Stop area.

The project will consist of 64 residential units, including 4,700 square feet of first floor retail (3 retail spaces), along with 69 underground parking spaces.

Sources estimate that ground will break on Leachmore Point sometime during the spring of 2008, and they will shoot for an 18 month construction cycle, which puts an anticipated occupancy date into late 2009. Leachmore Point will offer one, two, and three-bedroom units, with a range of 850 to 1,400 square feet, as well as four penthouse condos that will boast stunning views of downtown Boston, the Fort Point Channel in the Seaport District, and Boston Harbor.

Leachmore Point will be entirely green, everything that Pappas does moving forward will be green construction. Leachmore will be a boutique luxury development, with a fabulous redesign of the Broadway T-Stop,” says Marsha Yamaykina of Pappas Enterprises.

Similar to the Macallen Building (Boston’s first LEED certified condo development), the roof at Leachmore Point will be green – in plan is a 2,000 square foot pocket park, creating a green view for the neighbors living in the condominiums carved out of the old St. Peter and Paul’s Church, which sits across a small parking lot from the anticipated site of Leachmore Point. Other green features of the new development will include cisterns that collect rainwater runoff for irrigating the roof-level park, Zipcars, bicycle racks, and LED lighting that uses a photovoltaic energy system.

Leachmore Point will join the Lofts at 36 A, Allele Boston, Macallen Building, 125 B Street Lofts, 80 A Street, and Court Square Press in a complete redevelopment of the northern side of South Boston. The Broadway T-Stop area of South Boston now joins its sister neighborhood, the Seaport District, as one of the hottest areas of Boston real estate.