Boston Real Estate for Sale

Great news. Guess some people are still able to get loans, no?

A New York-based developer is expected to file plans this week for a $200 million mixed-use project in Boston’s Downtown Crossing.

If approved, Midwood Investment & Development would demolish four stores along Washington Street and three on Bromfield Street and replace them with a 28-story tower.

The upper floors will offer 260 apartments, with six floors of retail space and parking on the lower levels. Upon completion, the project is expected to attract several new retail tenants to the city’s shopping district. The developer has agreed to work with the existing tenants to find them new space during construction.

This includes the corner building, where the Payless Shoes store is currently located, and the Wendy’s, next door.

The unanswered question: what happens to views at 45 Province?

Source: NY Developer Eyeing Downtown Crossing – By Thomas Grillo, Banker & Tradesman

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