Dock Square Garage
Update
06/11/17
Dock Square Garage, situated on 1.2 acres overlooking Greenway, listed for sale, presenting transformative development opportunity
The Dock Square Garage, a six-story, 264,462-square-foot parking structure standing on 1.2 acres of land overlooking the Rose Kennedy Greenway with transformative development potential, has been listed for sale. The property, which is located steps from Government Center and the 2.9-million-square-foot Bulfinch Crossing mixed-use development, could fetch $160 million per Banker & Tradesman, which would amount to $606 per building square foot and $133,333,333 million per acre. Existing zoning would allow up to 125 feet of height, roughly 12 stories, on the parcel, allowing for the addition of new office or residential floors above the existing garage, which was built in 1980 and renovated in 2007, or construction of a large new building. The Dock Square Garage's seller is Sullivan Properties, the building's original developer and longtime owner.
