(To read more on the multifamily market, click here.)
BOSTON-The developer of International Place has told cityofficials he wants to put a mixed-use project totaling 1.2 millionsf along the Rose Kennedy Greenway. The venture would put a175-room hotel, 125 condominium units, 800,000 sf of office spaceand a large chunk of retail space along Atlantic Avenue. The costof the project, which is still pending city approvals, is estimatedto run between $600 million and $800 million.
Don Chiofaro met yesterday with BostonRedevelopment Authority officials to discuss preliminary plans forthe two-building project. He has already secured an option to buy aparking garage adjacent to the New England Aquarium where thedevelopment will be built, a city official confirmed toGlobeSt.com.
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