0 Parking App SpotHero Eyes Boston Market

parking meters in Boston

Credit: Boston.com

As our working population grows, so does our parking demand. In Back Bay, a month parking pass at the Prudential has increased from $445 to $460, while Copley has risen from $320 to $360. SpotHero is trying to help those that are looking for spots.

“SpotHero, which partners with large parking lots and parking and valet garages around the city to offer users thousands of parking spots to choose from, plans to also expand to other neighborhoods in the greater Boston area this year…’Boston is a key market for us that we’re going to put a lot of time into, and that starts with getting inventory in the downtown area and expanding it from there,’ SpotHero co-founder and COO Jeremy Smith remarked to the Boston Business Journal.

The full BBJ article is available, here.

0 High Speed Rail Proposed from Springfield to Boston

Boston South Station

Credit: MIT.edu

As our city grows, the cost of real estate continues northward.  This problem has tremendous reverberation as employees try to find housing that’s in-line with their earnings. The introduction of a high-speed rail to Springfield could foster a new workforce for Boston.

According to a report in the BBJ, a significant build and overhaul of existing transit systems would be necessary for the new rail system:

“the east-west and north-south routes [would] total 470 miles, and the project could require $364.5 million. The initiative would work with other separate rail projects, including the $78 million rehabilitation of Springfield’s Union Station underway now.”

The full article is available on the Boston Business Journal’s website.