What does $593.09 get you in Boston? Well that is the estimated price per square foot to construct the 379,370 square feet at 40 Trinity Place. According the Boston Redevelopment Authority’s web site, the Project includes the construction of a new, mixed-use structure at the corner of Trinity Place and Stuart Street. A portion of the Project will cantilever over the existing University Club parcel.
Rendering of 40 Trinity Place Tower (Credit: Banker & Tradesman)
“The development team, a trinity of Boston hotel operators Jeffrey and Gary Saunders and Jordan Warshaw, plans to build 115 condos and 227 hotel rooms in a 400-foot tower at 40 Trinity Place…The project is currently being reviewed by the Boston Redevelopment Authority (BRA), which last night held its first public meeting about the $225-million tower. If approved, the building will contain three restaurants, with a lobby and banquet space on floors 18 and 19.”