Boston Real Estate for Sale

Taking another step forward in their multi-year journey, final reports were filed today for a mixed-use development that will bring office, hotel, and residential space to the area behind South Station.

David Perry, senior vice president at (Hines Interests LP), said in a statement the South Station project will generate approximately 2,600 jobs during construction and approximately 6,000 permanent jobs in the hotel and office buildings after completion.

Linkage payments will total approximately $10 million, and real estate taxes are anticipated to be approximately $12 million per year, according to the statement, which said the total private investment in the project is expected to exceed $800 million.

Full details: Final reports filed for 1.8M-square-foot South Station project – Boston Business Journal

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Updated: January 2018

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