0 Green Line Extension Project Gets Boost

Boston Green-line extension project

Credit: GreenlineExtension.eot.state.ma

Boston is home to the old subway in the county, the Green Line, which will be extended by 4.7 miles from Lechmere Station to Somerville and Medford.  This opened at the end of the 19th century and was built to allow ordinary street cars to operate below ground which is dramatically different than subways of today.

The busiest Green Line stop is Park Street station, which is the intersection of the Green, Orange and Red Lines in the heart of Downtown Crossing.

Banker & Tradesman recently reported that the “U.S. Transportation Secretary Anthony Foxx yesterday joined Gov. Deval Patrick and other Bay State officials to formally announce a $996 million federal grant to extend Massachusetts Bay Transportation Authority (MBTA) Green Line light rail service from East Cambridge to Somerville and Medford…The Federal Transit Authority announced its intention to provide nearly $1 billion for the $2.3 billion project in December. State funds will cover the remaining cost.”

You can read the full article on B&T.

0 87 Summer Street office space: affordable Downtown Boston option?

Office building on Summer Street in Boston

Credit: Loopnet

Boston Realty Advisors represent the 2,162 RSF on the Mezzanine level of 87 Summer Street that is priced in the mid to upper $20’s.  This building is owned and managed by Synergy Investments that controls in excess of 3.5 M RSF of Class B product in Boston.

In the heart of Downtown Boston, 87 Summer Street offers cool collaborative space with full floor identities. This property offers Verizon & Comcast with high speed connectivity, and many other local amenities.

87 Summer Street is located within the Downtown Crossing Business Improvement District. Just a short walk to public transportation such as the Red, Orange & Green Line T stops, along with the commuter rail at South Station. There is also a wealth of parking within the area.