According to the Boston Business Journal, the Boston Planning & Development Agency has recently approved four major development projects worth a combined sum of $968 million. Here are the highlights!
Tremont Crossing, located at Whittier and Tremont streets in Roxbury, is a $500 million, 1.7 million-square-foot mixed-use project. It will include 727 housing units and 108,000 square feet of office space. Retail and entertainment space will occupy the second and third levels. The first level will feature restaurants and smaller retail spaces.
Tremont Crossing will also have a cultural destination, with a 31,000 square-foot museum for the National Center of Afro-American Artists. Outdoor common areas will include a large public plaza with art displays, space for events, outdoor dining and food truck parking. Parking for residents and visitors will be accommodated with a 500,000 square-foot parking garage holding 1,371 parking spaces.
In Boston’s South End, new development at 370-380 Harrison Avenue will include a 14-story, 365,000 square-foot mixed-use building. It will feature 324 residential units and 8,500 square feet of first floor retail space.
Another South End project is the Harrison-Albany Block development, encompassing 700,000 square-feet spread over four mixed-use buildings. The project will span a full block at East Dedham Street, East Canton Street, Albany Street and Harrison Avenue. It will house 650 residential units, 80,000 square feet of office space, and 20,000 square feet of retail and cultural space. A 650-space parking garage is planned for residents.
Roslindale will see new development at 317 Belgrade Avenue. The project includes a 4-story mixed-use building with 21 residential units and 6,000 square feet of first floor retail space.
When you are ready to begin, relocate or expand your business in the Boston Metro, team up with an experienced commercial real estate broker who understands the market. Whether you are thinking of buying or leasing Boston Metro commercial real estate, we can help you find the ideal property. Contact us today for expert guidance!
Jay Nuss Realty Group, LLC
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