A rendering of the repositioned Center Plaza property in Downtown Boston. A rendering of the repositioned Center Plaza property in Downtown Boston.

BOSTON—The major renovation work on the exterior of the Center Plaza complex here is expected to begin in earnest this year in a redevelopment initiative that has been pegged at more than $20 million.

Kevin Kennedy, senior vice president/partner with CBRE/New England in Boston, tells Globest.com that work on the interior renovations has already begun as part of the ownership’s repositioning of the three-building complex. That work includes improvements to the common areas and rest rooms. The renovations are intended to reposition the property in order to attract what Kennedy terms are stable “new economy” companies to the building.

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