Tag Archives: Boston development in 2014

0 Boston Development Remains Strong into 2015

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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.