0 Back Bay Retail Development Boost Ahead

888 Boylston St Boston office spaceRetail is getting a makeover in Back Bay.  Boston Properties will making some major announcements as it pertains to their new building 888 Boylston Street and the neighboring retail spaces.

From Women’s Wear Daily:

The Shops at the Prudential Center are about to get a major overhaul complements of Boston Properties…Executives there declined to name any of the incoming tenants just yet, but vowed to identify the retailer that has been secured for a nearly 9,000-square-foot space in the mall in the next few months.

The Pru’s food atrium is [also] said to be getting a serious makeover and Boston Properties reportedly will build a grand-scale new building for office space, luxury condos and retail nearby at 888 Boylston Street near Gucci’s current location. As reported, the first Primark store will bow in Boston later this year at Downtown Crossing as part of the multi-million dollar Millenium Tower and Burnham Building development project. Millenium Partners plans to build a 60-story glass tower near where the original Filene’s once stood.

0 Boston Development Remains Strong into 2015

office development in BostonIn 2014 Boston benefited from some significant growth and 2015 looks to be more of the same.

The Boston Business Journal posted some numbers to illustrate Boston’s 2014 development:

  • $4 billion worth of new construction will have broken ground by Dec. 31, up 16.4 percent from the year before.
  • 7.5 million square feet of total space will have been added.
  • 12,000 construction jobs were supported this year.
  • 3,859 housing units are under construction, on track to meet a target of 53,000 units by 2030.

One of the many contributing areas to the boom is the Boston Innovation District.