Search
 

$536M Government Center Garage Project Approved by BRA

BOSTON—The Boston Redevelopment Authority approved nearly $733 million in development projects late last week, including the first phases of the twin-tower Government Center Garage redevelopment plan.

By John Jordan | Updated on January 17, 2016

BOSTON—The Boston Redevelopment Authority approved nearly $733 million in development projects late last week, including the first phases of the twin-tower Government Center Garage redevelopment plan.

The largest project to get the green light from the Board of Directors of the BRA last Thursday was the $536-million mixed-use Government Center Garage redevelopment project. The first phases of the plan, proposed by National Real Estate Advisors of Washington, DC and HYM Investment Group of Boston, will feature a residential and office tower. National Real Estate Advisors, which has a portfolio of $2.5 billion in net assets under management invested in commercial and multifamily real estate, is a subsidiary of the National Electrical Benefit Fund.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.