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Two Sure Signs of the Boston Real Estate Boom in '13

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'Tis a new year and with it resolution: in the case of Boston real estate, the resolve to see certain projects through to completion (or, at the least, toward completion) in this era of booming construction in the city. Paul McMorrow in The Globe reminds us that two projects in particular, born of neighborhood-blighting holes in the ground, are expected to move majorly along this year and importantly so.

One project, of course, is the mother of all recent Boston towers: Millennium Tower on Washington Street, in the old Filene's site. Stymied for years by an indifferent developer and a surrounding neighborhood that did not exactly scream "sound investment," work on what will become Boston's tallest residential tower is expected to begin in 2013 (the effects of it on Downtown Crossing, those have already started).

The other project is the redevelopment of the Ferdinand Building at Dudley Square in Roxbury. As McMorrow reminds us: "The flatiron-style building avoided the wrecking ball during the urban renewal era in the 1960s. But when the city took the building by eminent domain in 2006, it had been vacant for decades." Nothing much happened re: the Ferdinand, though, until last year, when the city broke ground on a $115 million redo that will include an HQ for the Boston Public Schools.

It's on—at the old Filene's site and the once-somnolent Ferdinand Building and everywhere around town, really. Happy new year.
· The Twin Phoenixes: Filene's and Ferdinand [Globe]
· If the South End Can Do It... Downtown Crossing's Changes [Curbed Boston]
· City Breaks Ground on Expectations for Dudley Square [Curbed Boston]
· Our Updated New Development Heatmap: Then There Were 50 [Curbed Boston]

Dudley Square

Dudley Street, Boston, MA 02119

Ferdinand Building

Dudley Square, Boston, MA