Future Of Boston: Real Estate, Transportation Development Projects

February 14, 2014 10:14 PM
Future Of Boston: Real Estate, Transportation Development Projects
" BOSTON (CBS) – Right now there is more than $5 billion worth of real estate under construction in Boston including brand new buildings in the Seaport district, Downtown Crossing, Boston Landing at the New Balance Headquarters, and now Fenway. Developer John Rosenthal wants to build right over the Mass Turnpike between the bridges at Beacon Street and Brookline Avenue. “This is by far one of the biggest projects in the city of Boston,” says an enthusiastic Rosenthal. If Rosenthal and the city can iron out an agreement on tax breaks the new “Fenway Center” will go up. It includes three apartment buildings, a new parking garage, and a 27-story high rise towering over the historic ball park.

Critical to the Fenway development, expanding the commuter rail stop at Yawkey Station. “Yawkey Station had to be built first before we build Fenway Center above it,” says Rosenthal. And that’s where development meets transportation. Not only in Boston but in the suburbs. Along 128 in Westwood, where Amtrak meets the Commuter Rail, another big project is coming down the tracks. “These amenities have to go to the transit, transit is not going to go to them anymore "

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