Gillette parent The Procter & Gamble Co. has taken the next step toward redeveloping its 31-acre World Shaving Headquarters in South Boston, revealing plans to make at least 30% of the site's new development into housing.
The company filed a letter of intent with Boston’s planning department on Wednesday that includes a broad overview of its plans for the campus. It announced last year that it would move its century-old Southie manufacturing operations to Andover.
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About half of the Fort Point Channel property is expected to be turned into green, open spaces — “one of the largest waterfront parks on private land ever created in this part of the city,” P&G said.
Most building space is anticipated to be for commercial use, such as offices, labs and retail, though at least 30% of the gross square footage will be residential, it said.
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