And Tucker, which has made a name for itself with MXDs andretail properties, has mixed uses in mind for the site at 422 BroadSt. once the sale clears. Part of that plan includes a new class Aoffice building with large floorplates, the first to be built herein more than 15 years. Also part of the plan for the 400,000-sf,28-story mixed-use are a 200-room hotel and 50,000 sf of retail,including a health spa, on the first two floors. The estimatedprice tag for all of this is $150 million.
The project will also be eligible for benefits under the state'snew Urban Transit Hub Tax Credit Program, enacted in January. For aminimum of 250 employees, eligible companies can realize upwards of$75 million in tax incentives over a 10-year period.
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