Credit: Boston Business Journal
Are you looking for an easier way to Boston’s Seaport? The ferry is coming! OK, it’s a trial, but at least it’s a start.
According to Banker and Tradesman, “the trial service – with ferries making the trip to Fan Pier in approximately 13 minutes – was originally projected to launch in fall 2017. Related Beal committed to pay $794,000 and a $500,000 grant from Massachusetts Department of Transportation will cover the rest of the dock project, [Rich McGuinness, deputy director for waterfront planning at the Boston Planning and Development Agency] said. The Massachusetts Convention Center Authority will oversee the trial service operation, which will be partially funded by corporate subsidies.”
Additional information is available on the BBJ.
Credit: Curbed Boston
Is getting to work taking too long since your office has moved to Boston Seaport? If so, the Seaport’s solution to your congestion could be a gondola system, according to Boston City Councilor Michael Flaherty.
Millennium Partners has proposed a Summer Street, cable-propelled gondola network running from South Station to a property one of its subsidiaries owns in the Raymond L. Flynn Marine Park, the Boston Herald reports. As many as 71 10-passenger cabins could move as many as 4,000 passengers per hour in and out of the Seaport, where traffic is notoriously congested.
“A lot of commercial entities are struggling with whether they’re going to renew their leases or they want to come here, because it’s hard to get in and out,” Flaherty said on the Herald’s radio station Wednesday. “The gondola [system] … solves that.”
Boston Seaport Office Space for Lease
Your office rents in Boston are directly impacted by the distance to the nearest MBTA stop. Simply put, expect to pay more the closer you are.
Banker and Tradesman notes, “despite the departure of several large office tenants for the Financial District and Seaport, Back Bay still has Boston’s highest-priced office space. Buildings within a 5-minute walk of Hynes Convention Center station on the Green Line average $66.69 per square foot, partly reflecting the completion of Boston Properties’ 888 Boylston tower anchored by Natixis Global Asset Management.
You can read additional analysis on the impact of the MBTA on Boston office prices on B&T.
Credit: Boston Globe
Can track 61 save the Seaport from its own success? To be clear, it could help and we could use it.
From the Boston Globe:
Originally a freight line that was part of the industrial rail yards along the South Boston Waterfront, Track 61 has been unused for many years while around it a new neighborhood of glass-walled offices, luxury condos, and hip restaurants has sprung up.
The roughly 1.5-mile spur [that] cuts across the Seaport District from the southwestern edge of South Boston…is coming back to life [to test] new Red Line subway cars that are being built for the Massachusetts Bay Transportation Authority in Springfield.
The work will include an electrified third rail along Track 61 to power the Red Line cars, a new shed, and other improvements.
Credit: Banker and Tradesman
Water shuttle service simply makes sense to accommodate Boston’s daytime and nighttime population growth and resulting transportation demands. The benefits of water travel from North Station to the Seaport would be a welcome alternative for many within our workforce; complaints of snarled traffic access during business hours are common refrains among Seaport commuters. Additionally, the reactivation of Track 61 from Back Bay to the Seaport will contribute to further traffic relief.
The 2015 South Boston Waterfront Sustainable Transportation Plan specifically recommended ferry service between Fan Pier and North Station, due to the need for improved regional access to the jobs and activity in the Seaport district. The report called water transportation “an untapped resource to open up new channels of transit ridership to/from North Station, the downtown, and coastal communities to the north and south.”
Photo Credit: Boston Globe
Office landlords are constantly vying for office tenants to occupy their buildings. This is achieved through competitive rent, leasing incentives, common area upgrades and the addition of amenities. Now some landlords are looking beyond the traditional channels by helping their customers get their employees to the office without worrying about parking. Uber and Lyft could be the next line item on a landlords expense budget.
Bisnow notes, “Several New Jersey landlords are using the perk to overcome a lack of office parking, connect offices with downtowns and attract employees who do not own cars, the Wall Street Journal reports. Hugo Neu Corp. launched a program in March that offers $50 monthly credits for tenants’ employees without cars to commute to its Kearny Point office.”
You can read the full article on Bisnow.
This is a true shift on how our relationship with our car will change in the upcoming years. The concept that you will drive to work and your car will park itself amongst its peers, without the vast amount of vehicle circulation space that our current public garages demand, is real and is coming to a garage near you.
Researchers predict Americans will own fewer cars within the next 20 years as automated vehicles become ubiquitous on American roadways, and developers are already preparing for the shift in future projects.
Some developers in urban centers are cutting out garages altogether to make units more affordable. Others are turning to automated parking lifts, which reduce the square footage needed per car by about 80%. These automated lots cost less to construct and can be easily repurposed if parking demand falls.
Credit: Boston Herlad
Self-driving cars, who’s technology in part is being created and tested in Boston, will offer the nearly 2 million individuals with disabilities new employment opportunities.
From the Boston Herald:
In a study released by the Boston-based Ruderman Family Foundation last week, researchers found self-driving cars would dramatically improve the lives of disabled residents by making it easier and cheaper for them to travel — especially to and from a job.
“Approximately 2 million individuals with disabilities would have new employment opportunities,” the study said. “New transportation technologies have the potential to help those with disabilities enjoy the activities that those without disabilities take for granted.”
Credit: Boston Globe
There is no easy ride for the self-driving car industry. Legislation is looking to dramatically put the brakes on this.
A recent Boston Globe article noted Representative Tricia Farley-Bouvier, a Pittsfield Democrat, and Senator Jason Lewis, a Winchester Democrat unveiled “a measure that would set statewide rules for the testing and use of autonomous vehicles…Among other provisions, the bill would mandate that all self-driving cars weighing under 8,500 pounds be zero-emissions vehicles, and require their operators to pay the state 2.5 cents for every mile they travel. Only freight and emergency autonomous vehicles could drive more than a mile without a passenger.”
Additional details on the battle between self-driving auto producers and state legislators is available on the Boston Globe.
The Seaport traffic in anything but innovative. The combination of buses and potential water shuttles could offer a long-awaited reprieve.
A BBJ article notes the MCCA “received a boost over the summer when two Fallon Co. buildings — 100 Northern Ave., the new home of law firm Goodwin, and One Marina Park Drive — signed on to the service. Vertex’s (Nasdaq: VRTX) arrival adds not just hundreds more commuters, but another route: Shuttles now service riders at South Station, bringing them to and from Vertex’s 50 Northern Ave. headquarters, in addition to North Station…In the coming weeks, the agency will begin studying the potential for a water ferry service from Lovejoy Wharf, located near North Station, to the Seaport waterfront.
Additional information is available on the Boston Business Journal’s website.