Several new projects on the drawing board for downtown Boston are still on track, according to an article by Scott Van Voorhis, of the Boston Herald, despite the rising costs of construction, and a slower downtown Boston real estate market.
Robert Beal said yesterday he hopes to break ground this fall on the Clarendon, a new condo, apartment and retail complex near the Hancock tower.
Robert Epstein, the developer behind a new condo tower on Province Street near Downtown Crossing, may begin work on his project sometime after next spring.
Meanwhile, Arthur Winn’s massive Columbus Center project is still expected to move forward, regardless of the amount of state funding the developer asks for, or ultimately receives.
Several East Boston projects have been announced and approved, but have yet to break ground.
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These projects will continue to have great success. We are going into a normal cycle, its health, its good for the market. Great prodcut in great locations will continue to succeed!!!
September 6th, 2006 at 9:07 am