The North Station market is growing up. Yes, it is still home to The Garden, but with 2.5 million square feet of new developments, it is poised to rival any Boston submarket.
Unlike the Seaport, it offers a commuter rail hub in North Station, light rail service from the Green and Orange lines, and Interstate 93 – making it a commuter’s dream.
Banker&Tradesman reports, “by 2020, the addition of more than two and a half million square feet of new development promises to reshape the neighborhood with the inclusion of retail, office and hospitality developments…It will also include market-rate and middle-class housing, which will contribute to Boston Mayor Martin Walsh’s goal of creating 56,000 new units by 2030. Growth has been so explosive that the city is developing a North Station Area Mobility Action Plan to account for the thousands of commuters, residents, visitors and arena-goers that ebb and flow in and out of the area daily.”
You can read the full article on Banker and Tradesman: Boston’s New Gateway
Related Available Office Space
North End and Govt. Center Office Space for Lease
Demolition has commenced for HYM’s Bullfinch Crossing project with completion scheduled for September 1st 2019.
Bulfinch Crossing is a 2.9 million square foot multi-phased development project that will replace the existing above-grade concrete Government Center Garage with a pedestrian-friendly streetscape, a public plaza and six mixed-use buildings on two appropriately-scaled urban blocks spread across approximately 4.8 acres. The demolition of a major portion of the garage over Congress Street will allow for daylight to shine on Congress Street for the first time in more than 40 years.
When fully built, there will be…1.15 million gross square feet of office space and 82,500 gross square feet of retail space at Bulfinch Crossing.
More information on the project is available on BulfinchCrossing.com.
Where is Bulfinch Crossing?
Credit: Boston Business Journal
According to the BBJ, “the long-delayed $1.5 billion plan to convert the hulking Government Center Garage into a six-building, 2.9 million-square-foot mixed-use project…spans almost 5 acres and two city blocks, centered around the 1.2 million square-foot,1960s-era parking and office complex at One Congress St. near Boston’s City Hall.
The Boston Business Journal also notes “at full buildout, the six-building project is slated to include:”
• 1.15 million square feet of office
• 85,000 square feet of retail
• 812 residential units
• 196 hotel rooms
• 1,160 parking spaces
• 1-acre “rooftop amenity” on the project’s west parcel
• 1+ acre urban public plaza on the project’s east parcel
You can read the BBJ article on the Boston Business Journal’s website.