clock menu more-arrow no yes

Filed under:

Boston's Booming Office Market and the Filene's Site

DOWNTOWN CROSSING—Will Boston's (relatively) booming office-building market translate into development at the old Filene's site? "Of course, at this point, rooting for construction at the Filene’s site is a bit like rooting for the Red Sox before 2004. Sure, there was no good reason the Red Sox couldn’t win the World Series, it just seemed impossible to imagine that they would. Likewise, as reasonable as it might seem to finally get to work on the massive hole at the heart of the city, after nearly six years, it’s almost impossible to imagine that anything will ever happen." Our own guess is Vornado will just sell it—the healthier the real estate market, the more valuable the site; plus, it costs a lot in time and money to build anything 'round here. [Boston Daily]