0 Groundbreaking Commences on ‘The Hub on Causeway’

TD Garden office development

Credit: TD Garden

The North Station area of Boston shines bright with the groundbreaking by Delaware North and Boston Properties project.

According to TDGarden.com, “Delaware North and Boston Properties have formed a partnership to develop over 1.5 million square feet of mixed-use retail, office, hotel, residential and an expansion of TD Garden on the 2.5 acre site. This transit-oriented development is a significant investment that will bring substantial improvements to North Station, will create major economic impact for the area and strengthen the viability of this important district in the City of Boston.”

You can read the full article on TD.

0 Multiple Projects from Boston Properties Progressing

Boston office development north station

Credit: Boston Herald

Boston Properties is bullish on Boston with projects underway or proposed from Back Bay, Financial District and North Station.

·         888 Boylston has seen the crane arrive and has announced is major tenant Natixis Global Asset Management
·         100 Federal Street is looking to add more retail on the Congress Street side of the project

From the Boston Herald:

“In 2015, we estimate we could move approximately $1 billion in pre-development projects into our active development pipeline,” CEO Owen Thomas said. “Before launching any of these projects, we need to complete the entitlement and planning process and, in most cases, some level of pre-leasing.”

0 TD Garden Project a Go

Rendering of the proposed renovation at the TD Garden

Credit: Boston Business Journal

Our outgoing mayor and Boston Properties have struck a deal on the TD Garden project.

According to an article on the Boston Business Journal, “the Menino administration is set to announce that they have reached an agreement with Boston Properties and Delaware North Cos. to allow construction of a 45-story residential tower near North Station and provide a lucrative tax break to support the $1 billion development.”

Full details are available in the original article on the BBJ.

0 TD Garden Project Awaits Resolution

Boston TD Garden project

Credit: Boston Business Journal

The changing of the guard may have already begun in the corner office at city hall.  It will be interesting to see the outcome of the vote on December 19th by the BRA on a 1.8-million square-foot project around the TD Garden.

According to the Boston Business Journal, “Menino has bristled at suggestions from mayor-elect Walsh and former mayoral candidate John Connolly that the BRA lacks transparency. But the administration’s unwillingness to talk about the negotiations or even allow members of the mayor-appointed Boston Garden Impact Advisory Group participate in the talks has raised questions about what is happening behind closed doors.”

Additional information on the ‘compromise’ is available on the BBJ’s website.