The Boston Housing Authority chose WinnCompanies to undertake a $1.6 billion redevelopment of the Mary Ellen McCormack public housing property in South Boston, REBusinessOnline reported.

The project involves the tearing down of 27 three-story buildings on the site and the transformation of 1,016 public housing units into workforce housing for middle income residents, market-rate apartments and condominiums, the report noted.

Work on the redevelopment is expected to start "within two to three years," subject to approvals from the city, state and federal regulators, while demolitions on the site will be carried out in phases over multiple years, according to the Aug. 14 report.

The asset offers units containing one, two and three rooms, along with a health center and public events space, among other amenities.