Housing units proposed for Boston Cab site

Developers have filed plans to build 400 residential units on the Boston Cab garage site and affiliated properties in Boston’s Fenway neighborhood.

Los Angeles urban real estate fund manager CIM Group and Hub real estate management firm Cabot, Cabot & Forbes plan two buildings for the properties on Kilmarnock and Queensbury streets, according to a letter of intent filed with the Boston Planning & Development Agency.

The buildings would be on both sides of Kilmarnock Street with street-level retail and approximately 300 garage and surface parking spaces.

The 380,000-square-foot project would “contribute a significant supply of housing units, retail services, amenities and public realm improvements to the West Fens neighborhood,” Cabot, Cabot & Forbes CEO Jay Doherty said in the letter to the BPDA. The developers plan to file more detailed plans with the BPDA by the end of January.

The two companies bought the properties slated for development for $51 million from former Hub “taxi king” and Boston Cab owner Edward Tutunjian and his wife in June, according to Suffolk County Registry of Deeds documents.

A federal judge last year sentenced Tutunjian to 18 months in a halfway house and fined him $2 million after he pleaded guilty in U.S. District Court in Boston to payroll tax evasion, failure to pay overtime to employees, employing illegal immigrants and defrauding the U.S. Department of Housing and Urban Development by helping employees secure housing subsidies for which they were not entitled.