The Abby
Update
04/05/16
MBTA approves transit oriented development deal at North Quincy Red Line station
At yesterday's board meeting, the MBTA approved a 99-year lease of an 852-space parking lot at North Quincy station to a development team comprised of Atlantic Development and The Bozzuto Group. The development team would construct a $205 million mixed-use development containing residential units and retail space.
The development team would pay the MBTA a total of $230 million over 99 years and build a new parking garage on site. The deal would raise the City of Quincy's yearly property tax revenue by $1.6 million.
The proposed development has not yet been approved for construction by the City of Quincy. A rendering of the proposed development is posted above. More information about the proposed development is posted below.
Search BLDUP
Search
BLDUP
for news, projects, and companies to find the information that pushes your business forward.
