Gibson Sothebys International Realty Logo

Back To Blog

Boston News: Downtown Crossing to Receive Millions from City

Mayor Thomas M. Menino, Tom Menino, Downtown Crossing, Boston Shopping, Shopping District

A Busy Downtown Crossing

Mayor Thomas M. Menino and his administration have graciously opted to donate $3.2 Million of city funds to help improve the situation in Bostons Downtown Crossing neighborhood. The once thriving district known for shopping, the area is in need of some much needed attention in order to ensure that the businesses and residents in the area are able to stay there and succeed while doing so. In a recent blog we discussed some of the future plans of the area with the selling of 59 Temple Place being the hot topic.

Some of the main issues to be addressed with this city funding will be repaving many of the roads, replacing signs and build new, fresh sidewalks. As of this past Monday, the 23rd of July, the Mayor himself was even in attendance in Downtown Crossing for a block party that was held at a recently opened restaurant on West Street known as Back Deck Boston. His apparent support for the shopping district is certainly not going unnoticed.

There is even word that private investors are looking at spending as much as $10 Million in Downtown Crossing as well. This substantial funding will go towards an array of things, one that has been released, it must be noted, is to build an updated and attractive entrance to the Massachusetts Bay Transportation Authority (MBTA) there. The efforts of Mr. Menino, his administration, and the other groups looking to invest is resonating around the Downtown Crossing community who have higher expectations than ever for the future. A broad-sweeping more optimistic outlook on the direction their businesses, lifestyle and overall neighborhood is headed in.

More Information: Boston Business Journal

Contact Us