There are so many areas in Boston today that truly are defined by cranes. With so much development coming in the form of commercial spaces, residential units, and more, it seems inevitable for certain areas to have more potential than others. One of these areas that has received the greatest amount of attention has been the Seaport District. This area, along with somewhere like South Boston and East Boston all are or soon will undergo massive facelifts as investment in these neighborhoods futures continues to manifest themselves.
Well, if there were to truly be a new it neighborhood of Boston, one of the other places certainly worth considering to claim that title would be none other than Brighton. One of the strongest reasons for such notoriety for Brighton is due to the massive investment coming to the neighborhood for the mammoth Boston Landing development that has just broken ground within the past month. This initiative will see a 250,000 square foot headquarters for New Balance erected, in addition to a 345,000 square foot sports complex which will also include an NHL regulation arena.
As it turns out, we already shared a write-up regarding this New Balance project, however did not mention that Boston Landing will also include a 175 room hotel and 650,000 square feet for office space. In addition, the three buildings in this approved proposal will have 1,750 much needed parking spaces and to go with that 65,000 additional square feet for retail. Finally, a new commuter rail stop will also soon call Boston Landing home.
So what else is planned for Brighton? A three-building, 60-unit mixed-use project at the corner of Washington and Parsons Streets, a five-story 92-unit development with a hotel that will see Circle Cinema redeveloped, 375 Market Street which will be a luxury rental building for two and three bedroom units, and even Harvards 10 million square foot expansion in Brighton, to name a few. As a result, not only will far more jobs become available in Brighton due to all of the construction, but the population and continued job creation will both rise due to all of the new first-class residential and working spaces that will soon be completed. Regardless as to where you insist that the next it neighborhood of Boston truly is, the overwhelming sentiment from everyone is that Boston as a whole is triumphantly headed in the right direction for our economy and real estate industry; and with authority.
More Information: Boston Curbed