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The Boston Real Estate BlogI am an independent real estate broker, focused on the residential real estate market in downtown Boston. |
Lechmere at NorthPoint MBTA station breaks ground
As many of you know, I'm an unabashed fan of the new NorthPoint project, in East Cambridge. Currently, two residential buildings are under construction; others will soon follow, condos, office space, and retail space, the breakdown and timeframe dependent on market conditions.
Today, the developer broke ground on the new subway station that's going up, next to it, across the street from the existing Lechmere Green Line station.
The NorthPoint construction project, under way in East Cambridge, is less a new development than a new small town: 5.2 million square feet of buildings on 45 acres, 2,500 new residences, 20 buildings on 19 blocks, a 10-acre central park, and retail space with no telling how many Starbucks cafes.
But urban communities need transit, and in the project's second phase, which the developer is breaking ground on this morning, the T will come to NorthPoint.
Development manager Jones Lang LaSalle, a global real estate firm based in Boston that now includes the former Spaulding & Slye, is building a sleek new $70 million MBTA station on NorthPoint property.
When it opens in 2010, it will replace the Lechmere T station, operating on the Green Line across Monsignor O'Brien Highway, an outdated facility whose name is a legacy of a neighborhood and a retail store that no longer exists.
Complete story: The train comes to NorthPoint - By Thomas C. Palmer Jr., The Boston Globe
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