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Boston Real Estate: $2.3 Billion of Development Approved

Boston Redevelopment Authority, Boston Real Estate, Boston News, Boston Construction, Boston Condominiums, Boston Apartments, Boston Hotels, Government Center Garage Project, Government Center Boston

A rendering of the $2.2 Billion Government Center Garage Project

It is no secret that the construction industry in Boston is alive and well. Well, as the former Mayor Thomas M. Meninos long-standing tenure eventually came to a close, there were some incredibly significant proposals for various building projects that were in the pipeline. While we have reported about a great deal of these, many have yet to make headlines, until now.

The Boston Redevelopment Authority has just announced the approval of a grand scheme of initiatives totalling a staggering $2.3 Billion to all be built in the very near future here in the Hub. Some of these projects are highlighted below, while others have been reported on in the past. For extensive information regarding each of these developments below, it is advised that you refer to the link at the base of this post to read more about them:

  • 2.9 million square feet of redeveloped space for the Government Center Garage costing upwards of $2.2 Billion.

  • The Bowdoin Street Health Center in Dorchester, a $4 Million expansion project.

  • A $9 Million residential development at 50 Symphony Road in The Fenway.

  • The $20 Million Forecaster Building renovation in the Bulfinch Triangle at 121-127 Portland Street that will include condominiums and retail space, as well as an additional four stories.

  • $8 Million to go towards a mixed-use project at 11 Dorchester Street adding residential units and restaurant space, while replacing the existing automotive repair and storage business.

  • 2 South Boston projects approved for the same team of developers; one initiative being a $12.5 Million renovation of a church to be known as The Residences at St. Augustine. The second endeavor will cost $12 Million and will be adjacent to the previously mentioned project. This next one will also be a spectacular condominium building once the existing vacant school building is removed.

More Information: Boston Business Journal

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