As part of the Baker-Polito Administration’s “Open for Business” Real Estate Asset Leveraging (REAL) Strategy, state and city officials announced a joint venture with Veolia North America to explore the strategic redevelopment of the Massachusetts Department of Transportation’s (MassDOT) District 6 Headquarters and Veolia facility in downtown Boston.
The 5.5 acre parcel at 185 Kneeland Street, bordered by Chinatown, the Leather District and South Station with the Ink Block developments nearby, offers the potential for up to 1.5 to 2 million square feet of redevelopment. MassDOT’s District 6 Headquarters will be relocated or replaced and a scaled-down version of Veolia North America’s steam plant will be included as part of the redevelopment.
Governor Charlie Baker and Boston Mayor Martin J. Walsh each spoke about the importance of this collaboration as a way of stimulating economic growth and development, job creation and the addition of more open space and affordable, workforce and transit-oriented housing.
Here is a video of the announcement.
Governor Baker said the project “is a valuable avenue to building stronger communities and opportunities for the people of Massachusetts. We look forward to working together with Mayor Walsh, Veolia, the City of Boston and its residents to optimize this land’s impact and contribution to the neighborhood and city at large.”
Mayor Walsh thanked Governor Baker “for his willingness to assess the inventory of State-owned land in the City of Boston and identify parcels that, if developed, could help the City achieve its long-term housing and planning goals.”
MassDOT Secretary and CEO Stephanie Pollack said the project “will enhance the vitality of the surrounding neighborhood and spur economic growth in the adjacent business district while generating own-source revenue that MassDOT can reinvest in our transportation system.”
First announced in October, 2015, the “Open for Business” Real Estate Asset Leveraging (REAL) Strategy identifies unused or underutilized Commonwealth properties for redevelopment for affordable or market-rate housing, job creation, reduction in government expenses, increased revenue for the Commonwealth as well as local communities, capital investment in state properties, and open recreational space. Over 40 near-term opportunities throughout Massachusetts and across state agencies and authorities were first highlighted for public-private partnerships, of which seven are currently under agreement.
The first public input session for the MassDOT District 6 Headquarters project is being held at 6:00 p.m. on Wednesday, March 2 in the 1st Floor Conference Room at 185 Kneeland Street. Comments can also be submitted by email to James.A.Kersten@state.ma.us.