A $3 billion development in Boston’s Seaport District is the latest and largest addition to Boston’s Innovation District. The 6.3 Million square foot Seaport Square Development project will be Boston’s largest development in history and hopes to keep Boston at the forefront of the innovation economy. The 23-acre mixed-use sustainable neighborhood consisting of residential, retail, office, hotel, innovation, civic and cultural uses will be sure to enhance the South Boston Waterfront. Several new parks, plazas and pedestrian ways will also be created as part of the project.
The project’s residential component includes the development of 2,500 for sale and rental homes, including 325 affordable housing residences and 325 innovative workforce housing residences. The workforce housing residences are intended for people whose income is too high to qualify for affordable housing residences but are often priced out of the housing market. The project is expected to create approximately 10,000 construction jobs and approximately 20,000 full-time jobs. For more information regarding this development project please contact Christopher Smith.