Java King
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What's up with the MBTA purchasing this office building? Do they already have offices here? I couldn't find anything online about the MBTA needing this space.
The T's board meeting described it in one sentence as "consolidating operations out of leased spaces at a more efficient cost." I was skeptical of them needing 150,000 sqft until I looked at their payroll - Assuming that only members of the exec main fund, TEA and L105/L453 folks need desks, thats about 1600 folks, out of 7700 total employees. (since I'm using state payroll data, its not adjusted for hires/separations, but I assume most of those are in the operator ranks). Minus whatever portion are based out of HQ/STB or the maintenance facilities, (I assumed about 600, the TEA and most of the executive main fund, as well as the trans/maint supervisor roles) there still appears to be ~900 employees unaccounted for. At an average of 165sqft/employee, the T could actually occupy the entire building.
Edit: interesting... The site includes the garage. This is an interesting purchase, as it also has future TOD potential. having looked at it on Google maps, a quick question for the quincy residents - is the ground level parking under the garage proper public station parking, with only the upper decks reserved for the building itself?
They are leasing office space in various downtown office buildings.Very nice reporting. Where are those 900 office MBTA employees located now? The Transportation Building in Park Square?
"We are not NIMBY people," Cerasoli said.
This was getting started right around when I moved to Quincy, do you know what happened? Was it public processed to death?Man its so disheartening whenever I’m looking at developments in quincy and come across this old render of what one chestnut place in quincy center was supposed to be.
Attractive tower on a brick podium with lots of retail right up against the street.
Compared to the tower in a field we got.
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Quincy isnt exactly the most forward looking city unfortunately
That is a really peculiar development. Even if I step into the shoes of a nimby I can’t think of why I’d prefer it that way. It’s like a suburban hotel setback…
Cheer up, sunshine.Quincy isnt exactly the most forward looking city unfortunately
The tide was bound to come in at some point being on Boston's doorstep with 4 T stops and direct access to 2 of the region's busiest highways; I'll personally be holding off on giving that crook credit until we see what's what when the feds are headed out of town. Congrats to the nepo baby on his 79% raise though, good swindle on that one.Koch has overseen an imperfect but significant revitalization of Quincy Center.
I don't know enough about that project specifically, but financing (both LP equity and debt) is often the biggest hurdle to getting design items approved after zoning/city council. So many capital partners don't want anything that is too different from the area or too avant garde, they don't want to risk the building being hard to rent, affecting values, so they'll only fund projects that all look and behave the same.That's quite possible.
Just speculating, but I also wonder if financing was a challenge, too. Quincy wasn't yet a "proven" luxury market when it was proposed, and it's possible they couldn't find enough bank money that believed in their vision.
At a preliminary hearing June 26 before the planning board, Grossman's Director of Development Avi Shoss presented plans to redevelop Quincy Granite Place, the strip mall anchored by T.J. Maxx and The Dollar Store, which is bordered by Hannon Parkway to the south, Burgin Parkway to the east and Granite Street to the west and north. The 5.2-acre parcel also includes a Burger King in its northeast corner.
[...]
In a brief presentation, Shoss outlined plans to build 256 apartments as well as 65,000 square feet of restaurants, office space and retail space.
[...]
The site would include 350 covered parking spaces within the footprint of the residential building at the southern end of the parcel with an additional 147 surface parking spaces outside, Shoss said. At present, the site holds 214 parking spaces.
The project has two main components, a seven-story residential building and a single-story retail building along the north side of the parcel, Shoss said. The building would include two levels of parking beneath five stories of apartments.
Existing Conditions at Granite Place
Rendering of proposed development from similar angle