Fenway Center To Break Ground In January

Courtesy of Meredith Management
Rendering Of The Fenway Center's First Phase

After years of stops and starts, the Fenway Center has set a date to finally move forward.

Meredith Management, TH Real Estate and Gerding Edlen intend to break ground on the 1.1M SF project Jan. 30, Curbed Boston reports. The five-building project is one of Boston’s most anticipated, as it could become the first air rights project over the Massachusetts Turnpike since the Copley Place mall was built in the 1980s.

When complete, Fenway Center will include 650 housing units, 160K SF of office and 50K SF of retail. The first phase includes two land-based apartment buildings with 313 units. The Massachusetts Department of Transportation agreed in July to let developers begin on the easier component of the project. A costly deck with a 27-story residential tower over the Mass Pike is in longer-term plans.

Although the predecessor agency to the Boston Planning & Development Agency first approved Fenway Center in 2009, the development was plagued with challenges pertaining to financing and permitting for the ambitious project. Financing was finally secured in 2016 for the two-building first phase.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Alliance Building Houston-Area Complex Amid Declining Multifamily Construction

Alexandria Sells Cambridge Lab Condo Units For $45M

PMC Proposes 31-Story Apartment Building In Center City West

Jemals Sell Georgetown Building To Developer Planning Conversion

Developers Line Up To Convert Boston Offices To Housing, But Most Still Stuck At Starting Gate

To Rein In Costs, Philly Affordable Housing Players Look To Become 'Less Reliant On Consultants'

State's High Court Allows $325M Boston Soccer Stadium Project To Proceed

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

Rent Concessions Dip As Fewer Apartments Come Online

AvalonBay, Equity Residential Selling Boston Towers As Part Of Merger Settlement

Suburban Industrial Campus Trades For $47M: The Boston Deal Sheet

IRES Looks To More Forward Funding As Resi Market Gathers Pace