Accordia Partners’ plans for a nearly 6 million square-foot development in Dorchester join a series of high-profile projects bringing large-scale multifamily units, office space and hotel rooms to the Morrissey Boulevard corridor.
The University of Massachusetts Building Authority is seeking to gauge interest in two parcels spanning 10 acres in Dorchester’s Columbia Point for a public-private development partnership.
The long-term lease to develop the former Bayside Expo Center site next to UMass Boston has been signed, with about $235 million expected to flow to the harbor-side campus over the duration of the 99-year deal.
With the highways and public transit options around Boston perpetually congested, a new study funded in part by the state details potential new ferry routes to connect downtown Boston with East Boston and the Seaport, Columbia Point and Squantum Point in Quincy.
In the future, the fastest way to get to one of Boston’s “next Kendall Squares” could be a ferry.
Greater Boston’s life science hub has outgrown its birthplace in Kendall Square/East Cambridge. Today, the area boasts a 0 percent direct vacancy rate for Class A laboratory space and rental rates approaching $100 per square foot, triple net.
