The $150 million development proposed by the Abbey Group at 1282 Boylston Street has been approved.

The 348,235 square foot project will have 322 units of housing and 15,000 square feet of ground floor retail.

In November 2011 the Abbey Group won approval for an office and residential building at the 1282 Boylston Street site. In August 2012 the Abbey Group submitted a Notice of Project Change to amend the use to all residential.

The development will add 322 residential units featuring a mix of studios, one, two, and three bedrooms, including 36 affordable units. The 190-foot development will also have a 3-story underground parking garage for 295 vehicles.

The project will create 600 construction jobs and has an estimated construction time of 18 months with a planned spring 2013 groundbreaking.