Newton has approved one of its biggest developments ever, a cluster of offices and apartments at the terminus of the Green Line's D branch.
After initially quibbling over the construction timetable, the city's aldermen gave the go-ahead for the Station at Riverside. The $350 million development will include 290 apartments; a 10-story office building; a parking garage; retail space; and a community center (which one alderman wanted built before anything else). The Station at Riverside will go up near the Riverside T stop on 11 acres owned by the MBTA, acreage that developer BH Normandy leased for 85 years for at least $850,000 annually. Transit-oriented, people, transit-oriented—it's the wave of the Hub's future.
· Newton O.K.'s $350M Development at Riverside [Globe]
· Riverside Station Lease Approved [MBTA]
· One Word: Transit-Oriented—JP's Jackson Square Is the Future [Curbed Boston]