New developments in the Boston area are a great sign of a burgeoning economy and improving market. There has been a lot of attention surrounding the on-again, of-again project intended to cross the Mass Pike, called "Fenway Center." According to Curbed Boston, the development plans include "at least 550 apartments, plus retail and commercial space, at Brookline and Commonwealth avenues." The project intends to include four buildings, the majority of which will be built above the turn-pike.
Up until now, construction has been delayed due to hold-ups with an adjoining landowner. However, lead developer, John Rosenthal triumphed over these challenges. Since then, Rosenthal has progressed by buying a parking lot nearby on Landsdowne Street in partnership with The Boston Red Sox.
According to The Boston Herald, these actions signal big strides for the $450 Million project, "set to break ground this year."
According to Fenway Center's website www.fenwaycenter.com, the project is environmentally conscious and "plans to include one of the largest solar energy generation plants in the Commonwealth." It also will include a new commuter rail T stop and pedestrian access to Fenway Park, according to WBGH-TV.
And that's not all! The project anticipates creating about 1700 construction jobs and 200 permanent ones for Boston area laborers.
Rosenthal explained in his interview with WBGH that while there is a sky deck at Prudential and Copley, there hasn't been one to cross the turnpike in over 30 years. "Try to envision an overpass extending the bridge from Brookline Ave...west to Beacon Street..."
While building on air rights may sound complicated, Rosenthal asserted, "You have to create the land!"