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2011 Development Year in Review
Jan 05, 2012
2011 Development Stats
26 projects broke ground
2.4 billion was invested in new development
6,000+ construction jobs were created
4.9M square feet is under construction
In the last quarter of 2011, construction began on 1,000 units of housing for the first time since 2006!
2011 Housing Groundbreaking Highlights
Avalon Exeter, 88 Exeter Street
$100 million project
300 new construction jobs, 15 permanent jobs
The Kensington, 659 Washington Street
$170 million project
400 construction jobs, 30 permanent jobs
Hayward Place, across from The Paramount Center
$220 million project
450 construction jobs
2011 Commercial Groundbreaking Highlights
Fan Pier, Vertex Pharmaceuticals, Innovation District
$800 million project
1,000 construction jobs, 1,300 permanent jobs
largest private sector construction project in the country
2011 Institutional Groundbreaking Highlights
800 Huntington Avenue, Mass Eye and Ear
$75 million
125 construction jobs, 70 permanent jobs
160 Mass Ave, Berklee College of Music
$100 million project
300 new construction jobs, 15 permanent jobs
Tata Hall, Harvard Business School campus
$100 million project
210 construction jobs, 20 permanent jobs
2011 Project Approval Highlights
46 projects were approved by the BRA Board
18 Letters of Intent were filed
24 Project Notifications Forms for large projects were filed or revised
17 Small Project Review applications were filed
45 Stuart Street, Theater District
]
$125 million
600 construction jobs, 15-20 permanent jobs
319A Street Rear, Innovation District
$150 million
400 construction jobs
1282 Boylston Street, Fenway
$150 million
600 construction jobs, 360 permanent jobs
Boston Conservatory’s First Institutional Master Plan, Fenway
Copley Place, Back Bay
$500 million project
1,700 construction jobs, 270 permanent job
s
Fenway Triangle Project, Fenway
$315 million
800 construction jobs, 1200 permanent jobs
Parcel 24, Chinatown
$130 million
700 construction jobs
Pier 4, Innovation District
$150 million
400 construction jobs
Winsor School Campus Expansion, Longwood
$297 million
440 construction jobs
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1282 Boylston
160 Mass Ave
319A Street Rear
45 Stuart Street
800 Huntington
Avalon Exeter
Back Bay
Berklee College of Music
Boston Conservatory
Chinatown
Copley Place
Fan Pier
Fenway
Groundbreaking
Harvard Business School
Hayward Place
Mass Eye and Ear
Parcel 24
Pier 4
Tata Hall
The Kensington
Vertex
Winsor School
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