Re: Landmark Center Expansion | Fenway
I think this is great news; office space interspersed with residential makes for a healthy urban environment. People can live within walking/biking distance from their work which increases exposure to retail while reducing strain on public transit and roads.
It also brings additional stability to the existing (and future) retail by boosting lunch time demand. It's a lot easier to pitch a business plan that assumes a big lunch crowd in addition to dinner.
Right, the more I think about this the happier I am with these changes. Mixing residential and office makes for much more efficient use of resources (transportation, infrastructure, retail, everything...) and an overall more lively environment. The Fenway has a good mix, but most of the recent projects have pushed that balance more heavily toward residential. This is a good opportunity at a good location to counterbalance it a bit with some more commercial.
Given that this is a Samuels project, we can be sure that appropriate attention will be paid to the street level. He gets it (remember that Target wanted to take the ground floor, but Samuels insisted that they move upstairs).
I'm also sure that other developers like John Rosenthal and the folks over at Fenway Center / One Kenmore had a nice little fist pump when they saw these plans. If everything goes as it is supposed to, the first phase of of that project (the two residential buildings on terra firma) should be come online right around the same time as this.
I'd be interested in seeing a siteplan for this thing. As dshoot alluded to earlier, it's a little unclear from the render where exactly this sits in the Landmark Center site. The perspective in the render is funky (Kilmarnock and Fullerton aren't nearly as wide as depicted; i.e., Chipotle and Sweetgreen are closer together than the image shows) so that makes everything a bit warped. It looks like the current building with Blick and Panera will be demolished, a plaza will go there, and the new building will go behind it over and around the garage? And a new building (with a moved Blick, according to the signage in the render) will go up where the movie theater entrance is now?
I wonder if Panera and Blick will slide over into the vacant former-Best Buy space during construction. That'd make sense...
EDIT: Ninja'd by a few people...