The Seaport District continues to evolve with a new micro market on Melcher Street, designated as “M Block.” This is a combination of residential, office and retail on what was once a cut through. Now it will be a destination location accommodating todays changing lifestyle that is mirrored Meatpacking District in New York.
Office rents for Class B space have jumped to the low $40’s PSF with very few available options.
According to a report by Donna Goodison of the Boston Herald, “a new campaign branding it as the “M Block” is designed to draw attention to the restaurant, office and residential projects bringing new life to the street of former warehouse buildings probably best known for the old elevated pedestrian bridge that stretches above it.”
Follow the link for more information on the development of Boston’s M Block.