0 Government Center Poised for Modernization

Boston city hall plaza at night

Credit: B&T

Government Center is an area in downtown Boston, bounded by Cambridge, Court, Congress, and New Sudbury Streets.  Center Plaza sits on the gateway and the new owners are poised to make a splash with their vision.

From Banker&Tradesman:

“The plans are going to be a very noticeable level of improvement on the retail arcade,” [said Kevin Kuzemchak, senior vice president for Shorenstein.] “We want to take what is now a fairly dark monotonous experience and add new lighting and storefronts where we can, signage, and hopefully install High Line-esque landscaping to the entire arcade and break it up into different zones.” Office lobbies will be expanded and moved closer to Cambridge Street.

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Government Center Office Space

0 Government Center Development Would Reshape Skyline

Court Street office space in government center Will the architecture in the 1960’s era of Government Center move to the wrecking ball?  Yes, it seems that the Government Center Garage will be replaced with a new mixed use development.

According to Banker and Tradesman, “the Government Center proposal includes six buildings varying in height from 600 to 60 feet. Once the proposed project is complete, the garage, sitting on approximately 4.8 acres, would be transformed into a mix of 771 apartments and condos, 1.3 million square feet of office space, 82,500 square feet of retail and restaurant space and 204 hotel rooms.”

Office rents are up and supply is down; residential housing is commanding strong numbers on both the sale and lease fronts. Now is the time.

You can view the full B&T article, here

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Government Center Office Space