News & Updates

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
Kensington_compressedThe 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 160 Mass Ave, Berklee College of Music 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 ]45 Stuart Street
  • $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 copley place_neiman marcus entrance
  • $500 million project
  • 1,700 construction jobs, 270 permanent jobs
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 millionWinsor School Planned Expansion
  • 400 construction jobs
Winsor School Campus Expansion, Longwood
  • $297 million
  • 440 construction jobs
 

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