Fenway Center Update 10/21/16

BPDA approves minor changes to Fenway Center, Phase 1 financing secured


At last night's board meeting, the Boston Planning & Development Agency (BPDA) approved minor changes to the $580 million Fenway Center development project in the Fenway neighborhood. Approved changes include increasing Building 1 by 6,000 square feet, reducing Building 2 by 6,000 square feet and 17 residential units, increasing Building 3 by 58,000 square feet, decreasing Building 4 by 2,000 square feet and decreasing 6,000 square feet of above-ground parking garage space.


Universal Hub reports that the Fenway Center development team has secured financing for the $230 million Phase 1 of Fenway Center, comprised of Buildings 1 and 2, and that the two buildings are expected to start construction in Spring 2017. "We are truly ready to go," said developer John Rosenthal at last night's board meeting.

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