22 Developments Broke Ground, Investing $1.6 Billion in Boston, and Creating 2,450 New Construction Jobs
Mayor Thomas M. Menino today recognized the 22 developments that broke ground in 2012, a total investment of $1.6 billion, which put 2,450 construction workers back on the job and will create 2,010 units of housing.
“Cranes crowd the city skyline because investors are bullish on Boston,” Mayor Menino said. “Thanks to a growing innovation economy, a young and energized population, and an educated workforce – Boston is booming.”
In 2012 projects broke ground in Allston/Brighton, Charlestown, Chinatown, the Innovation District, Jamaica Plain, the LMA, Mattapan, Roxbury, and South Boston. These projects have housing, hotel, athletic, municipal, office, and retail uses.
In addition, the Boston Redevelopment Authority board approved 37 projects in 2012 a total investment of $3.4 billion, which put 5,217 construction workers back on the job and will create 3,898 units of housing. These project approvals ensure Boston’s building boom will continue into 2013.
2012 Development Year in Review: Groundbreaking Highlights
Boston Wharf Tower, Fort Point: $100M project, 202 units of housing, including 22 affordable
Boston Innovation Center, Innovation District: $5.5M project, crucial part of Innovation District social infrastructure
Dudley Municipal Office Building, Dudley Square: $115M project, future headquarters of Boston Public School Department
Longwood Center, LMA: $350M project, cutting edge research and development facility
Boston Wharf Tower, Rendering
Boston Wharf Tower, Under Construction, November 2012
2012 Development Year in Review: Approved Project Highlights
Millennium Tower and Burnham Building: $625 million, 500+ units of housing, ground floor retail and office
New Brighton Landing: $500 million project, future New Balance World HQs
59 Temple Place: $60 million project, boutique hotel, restaurant, retail, and spa