By Karen Taylor:

I was thinking if I had $70 million or so sitting around ready to invest, this is where I would put it. The area around Downtown Crossing right now has a better chance of making a turn-around than any other location in Boston.

Let me count the ways.

Downtown Crossing where Summer and Winter streets join at Washington, is being squeezed with positive activity on all sides. The brand new Ames Hotel and a renovated Province Street, courtesy of the Abbey Group and its new residential tower at 45 Province Street, are two major improvements on its City Hall side. In the other direction Babak Bina and his family last year set up Bina, an upscale grocery store and restaurant…

…The renovated Opera House re-opened, and will be joined in March of this year by the Paramount Theater, renovated by Emerson College into several performance and rehearsal spaces. This fall, Suffolk University will complete its renovation of the Modern Theatre into 12-stroy housing for 197 students with performance spaces on the first two floors…

…The BRA has imposed a new sign code, and a few new storefronts already look better.
The most promising activity has sprung from Downtown Crossing’s core supporters. This combination of property owners and business owners has proposed by the end of 2010 the area become Business Improvement District (BID). This BID would have the authority to assess an additional 16 to 25 cents per sq ft. on commercial property. The extra funds-an estimated $5 million-would help promote the area and hire additional staff to clean and maintain it.

Your thoughts?

Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


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John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



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