[Update - 10/4] The developers apparently want to build an 8-story office building on the 5-acre site in Kendall. They'll be asking City Council for a zoning change. They're holding the first public meeting tonight — we'll see how the public receives this plan.
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Damn. This would be a great place for some Cambridge housing, but that doesn't seem to be in the cards.
Plans are afoot to develop a 5-acre site at 325 Binney St, a tantalizing mere 10-minute walk from the Kendall t-stop.
Right now, all I know is that Alexandria Real Estate is behind the proposal. Alexandria focuses on developing lab and research space, so it seems likely that that will be the use. (The East Cambridge Planning Committee examined ARE's plans in late September, but I don't know anyone who attended.)
As someone who used to walk past the site -- formerly occupied by Metropolitan Pipe -- I can report that it has definitely been a large dead zone on Binney. I'm hopeful something exciting and dynamic will replace it, even if it's not residences.
If you have any info about the plans for this site, please email me at firstname.lastname@example.org or hit us up on twitter @BetterPAC.