A developer has proposed a four-story, mixed-use apartment building at 95-99 Elmwood St in Cambridge, to be called Velo. The 30,326 square foot building will contain 480 square feet of commercial space and 34 apartments, four of which will be set-aside as affordable. There will be 34 parking spaces in an underground garage and 35 bike spaces.
The existing building, which houses Dick’s Auto Body, will be demolished and the new building built on the 17,535 square foot lot in its place. There will be studios and one, two and three=bedroom apartments. While on a dead end street only accessible by car from Somerville, the site is right on the Alewife Linear Path and slightly more than a quarter of a mile from the Davis Square station on the Red Line, as well as being close to bus service on Massachusetts Avenue.
The portion of Elmwood Street in front of the site is not in good condition and the developer has proposed making improvements to it. There’s also a fence running across the end of the street, blocking access to the path, although a hole has but cut in it. Architecturally, the building will have a portico on Elmwood St for its main entrance, but there will be a second entrance on the path.