Meade of BRA speaks at Colliers' Mid-Year Market Overview

June 20, 2013 - Construction Design & Engineering
BRA director Meade addressed over 300 real estate and business executives at Colliers International Mid-Year Market Overview. Among the highlights:
Boston added 11% of its total s/f in the last 20 years
* Nearly 80 million s/f of new development
* 21,618 units of housing
* 7,140 hotel rooms
* 9.4 million s/f of office space
Under Construction Now
* $6 billion
* 15.7 million s/f
* 63 projects
* 6,827 residential units
A Sampling of Major Development Projects Coming Online through 2014:
* Allston/Brighton: Charlesview Residences, Harvard Business School Tata Hall
* Back Bay: Liberty Mutual, Berklee College of Music, Exeter Residences
* Bulfinch Triangle: The Victor
* Chinatown: Hong Lok House
* Downtown Crossing: The Kensington, Millennium Place, 120 Kingston
* Fenway: Marriott Residence Inn
* Innovation District: District Hall, Marriott Residence Inn, 381 Congress St., Boston Wharf Tower, Waterside Place, State Str., Vertex Pharmaceuticals, 411 D St., 100 Pier 4
* Roxbury: Dudley Municipal Office Building
35% of Bostonians (ONEin3) are between the ages of 20 and 34. This group is diverse, highly-educated, and keenly aware of its carbon footprint.
* Higher than any other city in the nation.
* 1/3 own their own home.
* Drove 75% of Boston's population growth between 2000 and 2010.
* 32% speak a language other than English at home
*26% were born outside the U.S.
* Nearly 60% walk, take the T, or bike to work.
* Hold half of the bachelor's degrees in Boston.
Tags:

Comments

Add Comment