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Hub 50 House Gets $30M for North Station Upgrades

The Hub on Causeway Boston

Hub 50 House Gets $30M for North Station Upgrades

“Mass Development directors have approved $30 million in I-Cubed funding for infrastructure related to the $854 million Hub 50 House development at Boston’s TD Garden.

The bond issue will subsidize a total of $54.8 million in upgrades to North Station and Causeway Street, including a new entrance to the TD Garden, a 550-space garage expansion, sidewalks and new traffic signals.

Boston Properties and TD Garden owners Delaware North Cos. are partnering on the 1.9-million-square-foot mixed-use development on former surface parking next to the arena. The project will include office space, a 400-unit apartment tower, 250-room hotel, ArcLight Cinema, Star Market, 2,500-capacity concert hall and 30,000-square-foot food hall and sports bar.

The supermarket and concert hall are scheduled to open in June 2019, with the rest of the retail and restaurant space to follow in August.”

Original story from bankerandtradesman.com

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