Friday, February 20, 2015

Five Boston Mega-Projects to Watch in 2015

If you have ever been stuck in rush hour traffic, you know Greater Boston is in the midst of a major building boom. The signs are everywhere, from exposed steel for super tall skyscrapers such as the Millennium Tower to large cranes for massive apartment complexes on the waterfront.
But some of the Boston’s largest projects are still waiting to get underway, including the Fenway Center mega-project and the big-time redevelopment of the Harbor Garage.

Large developments such as the Residences @ Malden Station and the Roxbury Innovation Center show us how widely the real estate boom is reverberating.

Here’s a list of five Big Projects to watch in 2015:

1. Fenway Center

     Commonwealth & Brookline Avenues
     Boston, MA 02215

This much delayed mega-project, with its five buildings and several hundred apartments plus commercial space, may, in fact, finally get under way this year. Developer John Rosenthal is in the midst of a partnership deal that could jumpstart development.

[see ElectricWeb-Boston | June 16, 2014]

2. One Seaport Square 

     1 Seaport Lane      
     Boston, MA 02210

The 1.1 million-square-foot project broke ground in mid-November and will include two 22-story towers, called the Benjamin and VIA, with 832 apartments total. It is the first residential phase of the larger Seaport Square project.

[see ElectricWeb-Boston | Sept 15, 2014]

3. Harbor Garage Towers

     70 East India Row
     Boston, MA 02110

Plans for this long-delayed redevelopment call for two towers, rising up to 650 and 550 feet. The complex will host hundreds of condos and hotel rooms, 700,000 square feet of office space and amenities such as an all-seasons plaza for the public.

[see ElectricWeb-Boston | Aug 28, 2014]

4. Assembly Row

     Artisan Way 
     Somerville, MA 02145

Somerville's mega-mixed-use project is already slated to include more than 2,000 housing units and dozens of retail stores and a new Orange Line stop.

Plans, however, emerged toward the tail end of 2014 to basically double the size of Assembly Row and basically add more of everything.

5. Six New Street 

     6 New Street   
     Boston, MA 02128 

This 4-acre complex broke ground in late December and is slated to create 259 new apartments along the Eastie waterfront with a ton of extras, including a water taxi dock. It's a big win for the waterfront and an indication that more development will follow.