The 12-story building will feature 66 affordable rental apartments and 44 affordable homeownership units, addressing the high demand for housing in Chinatown.

Funding for the project comes from more than 20 sources, including city, state, and federal agencies, reflecting the complexity of financing such initiatives.

Representative Aaron Michlewitz announced that the new development in Chinatown will include 100 affordable units and a long-awaited library, fulfilling a promise to the community.

Residents have waited over six decades for a new library, with the original site affected by urban renewal and highway projects, making this project a historic milestone.

This development is part of a larger effort to integrate housing with public amenities across Boston, with similar projects underway in West End and Uphams Corner.

BPL President David Leonard highlighted the project’s benefits, including affordable housing, educational opportunities, and community space for residents of all ages.

Community leader Angie Liou described the project as completing Chinatown’s historic rebuilding, with the library serving as a symbol of renewal and addressing rising rents and displacement.

The new library will be Boston’s first permanent public library branch in Chinatown in over 70 years, located at 55 Hudson St. in a new mixed-use building replacing a parking lot.

The library will occupy the first two floors, featuring a community room capable of hosting 100 people, greatly enhancing access to library services.

The site was historically part of Chinatown’s immigrant community before urban renewal in the 1960s led to demolitions and ongoing displacement.

Mayor Michelle Wu emphasized the project as a vital effort to revitalize Chinatown, blending cultural infrastructure with solutions to the housing crisis.

City leaders and community officials celebrated the groundbreaking, underscoring its importance for affordable housing and community access.