Projects at Fan Pier and the Government Center Garage signal the floodgates may be opening for major developments that will dramatically change the city’s landscape, transforming empty lots and eyesores into office towers and luxury apartments.
“These projects are a sign that the city’s economy is strong and it sends a positive message to investors who are considering coming to Boston,” Mayor Thomas M. Menino told the Herald. “We have a city that continues to grow, and people see the potential for development.”
On the same day that the Fallon Co. broke ground at Fan Pier on two office towers totaling 1.1 million square feet, the Government Center Garage redevelopment project was revived after a two-year delay. Hym Investment Group LLC told the Boston Redevelopment Authority that it will seek approval for a 2.4-million-square-foot mixed-use project at the garage near the Rose Fitzgerald Kennedy Greenway.Read more