Construction begins on Phase I of $240 million mixed-use development in Boston
By David Malone, Associate Editor
Fenway Center, Boston’s newest mixed-use development, is now under construction adjacent to Fenway Park.
Fenway Center Development LLC, the project’s developer, announced joint venture partners Gerding Edlen, TH Real Estate, and Meredith Management have signed a long-term ground lease with the Massachusetts Department of Transportation for Phase I of Fenway Center.
Phase I of the new mixed-use development will take two years to complete and will comprise two residential apartment buildings with 312 units, 37,000 sf of ground floor retail, and 200 underground parking spaces. A 12,000-sf air rights deck and landscaped pedestrian walkway over Yawkey Station and between Beacon St. and Yawkey Station is also included.
Fenway Center will replace a large surface parking lot. It’s buildings are arranged so the taller ones are located next to Yawkey Station to serve as an architectural marker and gateway, while the smaller buildings are scaled down in respect to the Audubon Circle neighborhood and Fenway park area.
Phase I of Fenway Center is slated for completion by the beginning of 2020.
