Boston Properties did not return calls by presstime, but the locally-headquartered development company is reportedly interested in a large-scale office development with some retail and restaurants. Initially, plans for the site had included entertainment, retail, and housing as well as a hotel. The city has been interested in developing a hotel here to support the proposed convention center planned for the waterfront in South Boston.
If Boston Properties does not include housing in a project here, it will have to build housing off-site to meet the city requirements for a minimum density of housing, depending upon the size of the project. Among its many holdings here, Boston Properties owns the Prudential Tower and the surrounding retail mall.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
