The construction of Fenway Center in Boston over the Pike could be getting closer. Developer John Rosenthal is looking to partner up with Gerding Edlen to get the project in the ground.
Credit: The Boston Globe
The development of “Fenway Center calls for the construction of five buildings on 4.5 acres of land and air rights over the Turnpike. The 1.3 million-square-foot complex would contain about 550 homes, 80,000 square feet of stores and restaurants, and 167,000 square feet of office space. Multiple garages, including one straddling the Turnpike, will contain space for 1,290 cars. A revamped Yawkey commuter rail station has already opened at the edge of the property, according to the Boston Globe.
More information on the Fenway Center project is available on the Boston Globe website, here. You can also read more general information on office space in Fenway on our submarket page.
Credit: The Boston Globe
If you commute from West of the city using the Pike, it seems that your drive to Boston could get shorter, well kind of. The now-shuttered rail yards at the Allston/Brighton exit is the focus of an undertaking that aims to straighten the Mass. Pike roadway in that area.
According to coverage from The Boston Globe, “the state Department of Transportation project is simple: Rebuild Allston’s section of the Massachusetts Turnpike to make it less curvy, allowing for cars to travel through new, all-electronic toll plazas without slowing.,,But the $260 million construction project, scheduled to begin in 2017, has attracted the hopes and dreams of transit activists, business bigwigs, and leaders from around the region, all of whom believe the project, and the 60 acres of land to be opened up by the highway straightening, has the potential to dramatically redefine Allston-Brighton.”
Details on the proposed highway project are available on the Boston Globe’s website.
Office Building at 1330 Boylston St.
How do you get to work? Would you take public transportation if it stopped close to your home or office? Do you select office space based on its proximity to North or South Station?
A Boston Business Journal article reports that the station development is heavily influenced by New Balance’s proposed corporate world headquarters, “the station would be built next to New Balance’s proposed $235 million corporate world headquarters. As mitigation for the 1.4 million-square-foot mixed-use development, the sneaker giant has agreed to cover the cost to design, build and maintain the station. The plan received initial approval from the Massachusetts Department of Transportation’s Finance Committee on Tuesday. A vote of the full board will take place next week.”
For additional information on the station and New Balance’s new development, jump over to the BBJ’s article here: Commuter Rail Approved in Brighton
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Office Space for Lease in Allston and Brighton
The migration of tenants into the city continues with Communispace moving from Allston to the waterfront area of the Financial District.
According to the Boston Business Journal, “the new location for the Startup School, at 290 Congress St., is ideally situated near a large number of fast-growing tech firms.”
More information on the Boston Startup School, including its mission, programs, and new address, is available at the Boston Business Journal.
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Boston Waterfront and Financial District Office Space