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LOWELL -- The Boston Bruins will soon have a new home in the city that they are named for.

Bruins President Cam Neely announced Tuesday that the team had signed a letter of intent to build a new practice facility in the Allston-Brighton neighborhood of Boston, according to a statement on the team website.

The team now practices in Wilmington at Ristuccia Memorial Arena, and has since 1987.

"I am thrilled that we have found the Bruins a new practice home within the Boston city limits," Bruins Principal Charlie Jacobs said in the statement. "Our goal is to set the industry standard in everything that we do, and we are confident that our new practice facility will do just that. As we enter the design phase of the project, we look forward to sharing details as they become available."

Construction on the new facility, which will be in a mixed-use development called Boston Landing, is expected to begin in spring 2015 and be completed by fall 2016. The new facility will feature about 25,000 square feet of locker room, training and office space.

It will be designed by Elkus Manfredi Architects and constructed by John Moriarty & Associates.

The Boston Landing development will also include the new headquarters of New Balance, a commuter rail station, office buildings, a hotel and a sports complex.