T selling air rights over Seaport stop
Saturday, December 13, 2014 P
By: Donna Goodison
The MBTA is taking advantage of the booming growth of Boston’s Seaport District by selling the air rights above its Courthouse Silver Line Station for development.
“The Seaport District has experienced a great deal of growth and expansion around the Silver Line, and the MBTA would like to be a part of that economic success,” spokesman Joe Pesaturo said. “By continuing to work closely with the (Boston Redevelopment Authority), the MBTA expects to identify an abutter or other party interested in advancing a project consistent with other new developments in the immediate area.”
The air rights are for the space atop an approximately 3,939-square-foot parcel above the MBTA station on Seaport Boulevard.
The station sits amid the sprawling $3.5 billion, 23-acre Seaport Square development taking shape on the South Boston waterfront.
Boston Global Investors, which is the master developer of Seaport Square with Morgan Stanley, couldn’t be reached for comment on any potential interest in the air rights.
The MBTA has set a minimum bid of $1.2 million for the rights.
The property is zoned for innovation, hotel, office, retail, entertainment, restaurant, residential and transportation uses. Any building could not surpass 107 feet in height, according to the bid documents.