Great things happening in Boston. Even with the national economy in a downward spiral and people losing billions (billions) in home value, things are going great, here in good ol’ MA.

From yesterday’s Herald:

Despite the downturn in the economy, work is moving ahead in Boston on a pair of posh condo towers and an upscale rental high-rise near North Station. There is also one major office complex under way on the waterfront at the long-awaited Fan Pier project, while Boston Properties is building a new office tower nearby at Russia Wharf.

And that is just the tip of the development iceberg in Boston. There are a total of 60 projects worth $4 billion under construction across the city, with another 250 developments worth another $14 billion under review at City Hall, according to the Boston Redevelopment Authority.

Building booms in Boston; 60 projects, worth $4 billion, going up – By Scott Van Voorhis, The Boston Herald

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