The Trustees of Port Plaza Realty Trust have applied for a comprehensive permit under Chapter 40B to redevelop the former Kmart site at 45 Storey Avenue. The proposal, called Plaza Landings, includes a five-story building with 212 rental units, including 53 income-restricted for households earning up to 80 percent of the area median income, and 261 parking spaces (238 in a garage and 23 on the surface). The project is being submitted as a "Friendly 40B" through the state's Local Initiative Program and includes zoning waiver requests for height, setbacks, site coverage, and subdivision. It also proposes to cap water and sewer connection fees at ~$582,500, paid over 20 years with interest. On June 24, the Zoning Board of Appeals voted to initiate peer reviews for traffic, parking, stormwater, and architectural design.