Transportation is critical for any city to grow and prosper, and Boston is no different. On March 22nd, the Government Center T Stop closed for two years for a major overhaul. While this is a challenge for commuters during that time, the outcome stands to offer passengers a new gateway to Government Center.
From bisnow.com, speaking with MassDOT secretary Richard Davey:
“When construction is completed in three years, the universally accessible Government Center station will have a sleek, steel entrance with landscaping and will take riders to Logan Airport…It will also have new lobbies, elevators, fare collection, security, finishes, lighting, emergency exits, and more retail space.”
Additional information on the Govt. Center station overhaul is available on bisnow.
Is the TD Towers too tall for the neighborhood? Well, yes and no, Boston is growing and new projects need height to make them work. The low-rise buildings that were constructed during the early part of the last century are a thing of the past.
Credit: Boston Magazine
Boston Magazine recently reported on a controversy surrounding the proposed size of TD Towers, noting “the project opens the door to many more like it, which would turn the West End into another skyscraper orchard. It’s not hard to see where they’re coming from. When you compare the project with towers elsewhere in Boston, it fits right in. But as you can see above, it will dwarf its neighbors in the West End.”
The full Boston Magazine article can be found, here.
The office market is strong within greater Boston and hasn’t this active with positive rent growth and absorption since 2007. This is due to a couple of components; flight to quality, migration to Boston from suburban markets, new companies entering the market and companies within Boston expanding.
The Boston Business Journal notes, the strength of the market; “greater Boston’s office market achieved more than 2.8 million square feet of positive absorption last year, the strongest showing since 2007”
The Boston Garden landscape is looking to make a change with the proposed addition of new office space, retail storefronts, and residences. The construction would yield a significant upgrade to the historic Beantown landmark, but what will it offer the true Celtics and Bruins fan? Modern places to work, eat, sleep and watch their teams bring home another championship, of course!
The Boston Globe reported yesterday that “owners of the TD Garden are resurrecting plans for a high-rise development in front of the arena that will include a pair of 400-foot towers containing offices, hundreds of residences, a hotel, and stores. The project, which would create a modern, retail-filled gateway to the North Station area, has gained new momentum in recent months, with Target Corp. and Stop & Shop negotiating plans to open stores in the complex.”
Tenants continue to migrate downtown from neighboring submarkets as well as the suburbs. Downtown rents offer a great value combined with a strong talent pool and great area amenities. Employers are finding that a Boston address has become what today’s prospective employee values when seeking out job opportunities.
If history is any clue into the future, it would be safe to assume that MassDOT is on the development prevention team. Many of these projects, such as this, provide a necessary “Bridge” between two neighborhoods of our city. For example, the suppression of the Central Artery and the creating of the Greenway links the North End and Waterfront with the Financial District.
Boston’s North End has a unique flavor that is distinctly Italian. “Little Italy” features narrow cobblestone street, small boutiques, fabulous restaurants, and delicious pastry shoppes. On the weekends, tourists and locals alike flood the streets. The North End is a neighborhood with a history as rich as the filling of a cannoli.
• Boston’s oldest neighborhood was established in the mid-1600’s. By 1646, the area had a population large enough to call for it’s own church, the North Meeting House.
• The original residents of the North End were Puritans, as well as slaves from New Guinea.
• During the 17th century, the North End was home to Boston’s first food markets, as well as mills that converted food to storable grains and wood for construction of homes and ships.
• Old North Church is constructed in 1723 – the oldest church building in Boston proper.
• Merchants & Robust Economy – The 18th century brought bustling trade for merchants in ship building. A bustling economy fueled by shipbuilding and trade. Imports, including sugar, fruits, coffee, tea, and wool. in turn these ships brought merchants importation of worldly goods such as sugar, fruits, coffee, tea, wool, etc. essential items for everyday existence. The artisans of the time were expanding their skills in gold and silver-smithing, copper production, and iron and steel bell casting.
• These merchants settled in the North End in the late 1700s, building mansions and developing the area into a desirable residential neighborhood.