#FrontierFriday: Fenway Tops Again

1325 Event

By Timothy Howe, Vice President, Client Services, Downtown Brokerage

Resuming our quest to determine the next frontier in Downtown Boston, it is fitting to delve into the Fenway, following the exciting topping off event this past Wednesday at the Van Ness. The Fenway submarket has featured 24/7 amenities for many years, however recently the area has blossomed with development activity of all product types. So why might Fenway be the next Boston frontier?

Access: Convenience to the area is constantly improving, as seen by the recent completion of the Yawkey Way MBTA Commuter Rail project.

Talent: Situated in a hub of universities, the Longwood Medical Area and more, the Fenway is an urban cluster that draws entrepreneurs, professionals, scientists, artists, visionaries and students together for creative convergence.

Urban Living: New construction activity has augmented the existing supply to provide options in all price ranges. This week alone resulted in two residential topping-off events, following Wednesday’s Van Ness event by Samuels & Associates, the Viridian was topped off on Thursday by The Abbey Group.

Entertainment: From historic Fenway Park, to the contemporary, high-profile emerging restaurants and retail, to the community-enhancing City Target and rumored Wegmans, the Fenway boasts a unique retail mix that blurs commerce, culture, art, work and play.

Office Revitalization: Samuels & Associates’ 1325 Boylston at the Van Ness is the first speculative office building since The Fallon Company built ONE Marina Park Drive in the Seaport. Increasing momentum, Samuels is also expanding office space as part of the Landmark Center renovation. With thriving retail and residential, office will bring another dynamic element to the neighborhood.

In conclusion, Fenway is filled with potential to become Boston’s next frontier. For more information about Fenway, please contact blog@cbre-ne.com.

 

To subscribe to the CBRE/New England blog, please visit the main page or email a request to blog@cbre-ne.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s