The former Dorchester Savings Bank building in Uphams Corner will become home to roughly 86,000 square feet of mixed-used, residential, commercial, and retail space under a plan approved by city officials.'

The Boston Planning and Development Agency board on Nov. 17 approved the proposal, which calls for a six-story addition at the back of the existing bank building. The total package will have 48 units of rental housing, 2,000 square feet of arts amenity space, and 4,500 square feet of below-market rate space for civic, arts and commercial entities.

The developers’ first letter of intent was filed with city officials in September 2021.

Twenty percent of the units will be reserved for artists and all residential units will be income-restricted to households that earn up to eighty percent of the area median income.

The project, located at 568-574 Columbia Rd., consists of three parcels overall, including the bank building, which will be preserved under the plan, and a surface parking lot.

The development team includes two nonprofits, the Dorchester Bay Economic Development Corporation and Preservation of Affordable Housing (POAH). The site is owned by an affiliate of the Dudley Square Neighborhood Association, which remains the landlord.

The project is a short walk from the MBTA’s Fairmount Line and boasts a proximity to several MBTA bus lines.