Developers continue to look for new sites and space above the Pike has is now entertaining a third developer. Office and retail rents are expected to continue to climb upward through 2015.
According to The Boston Globe, the third proposal entails building “student housing, a hotel, and retail space as part of a sweeping redevelopment of a state-owned parcel at the corner of Massachusetts Avenue and Boylston Street…Boston Residential Group’s plan calls for three buildings that would rise to 24 stories along Boylston Street. The complex would be linked to a nearby MBTA station and include a public rooftop garden.
More information is available on the Boston Globe website, here.