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Market Highlights

The surrounding market is on the verge of major change, growth and expansion. With several new developments underway and planned for the future combined with integral infrastructure changes, the area will become the gateway to destinations west of Boston. One of the biggest catalysts will be the I-90 Interchange Improvement Project. The 91-acre project, with the combined efforts of Harvard University and MassDot that is underway will replace the deficient I-90 viaduct, straighten the main line through Beacon Park Yards and include all electric tolling.

I-90 Interchange Improvement Project - This will improve safety for all modes of transportation and create West Station, a new train station on the Framingham/Worcester Line and give way to a more vibrant Cambridge Street. 500 Lincoln Street will be at the doorsteps of this project and with the new Lincoln Street Connector, the project will directly tie in the development. 

The Harvard Influence - Harvard University is one of the world's most prestigious academic institutions with an endowment of $34.541Billion and its influence is profound having control of more than 568 acres of land between Cambridge and Allston. The Master Plan includes 1,281,000 SF of new development and renovation of existing facilities.

Area Developments

  • Boston Landing - 250,000 SF Headquarters of New Balance and a 325,000 SF state of the art sports complex housing the Boston Bruins and Boston Celtics.
  • Stop & Shop Development - A planned 1,010 new residences over two phases.
  • Continuum - 300,000 SF of residential and 35,000 SF of retail including Trader Joe's.
  • Arsenal Yards - 350,000 SF of retail and entertainment, 428 market rate apartments and 100,000 SF of office space.


☰

Tim Bulman

tbulman@districtadvisors.com
Cell: 617-448-5616

Christopher Mearn

cmearn@districtadvisors.com
Cell: 617-595-1544

Greg Feroli

gferoli@districtadvisors.com
Cell: 617-943-2272

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