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Originally Posted by CIA
I have the breakdown per tower for Liberty Harbor.
The big 55-story one is 1.5 million sqft and 1,320 units in the tower and it's base. The small 25-story one is just under 500,000 sqft and 512 units. It's not inclusive of the 2000+ Crescent Park or the recent RFP for 41 and 52 Athena St.
Crescent Park was originally only going to be 995 units and is seeking a major rezoning to 2,295.
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Great news. JC under Mayor Fulop has boomed. Although the big wild card in a booming JC is the strain on the transit system. But, in the end, its good that these mixed used communities are rising. What they are replacing is worth it. A lot of this region use to be garbage. And literally, garbage, so its good to see improvements.
What will be nice is the neighborhoods between Journal Square and Newport/Downtown are set to boom as well. Making a nice, high density node of highrises and mid rises between the two main skyscraper nods. Journal Square I'd expect in the next 10 years to rival downtown JC.
The foot traffic from observation is impressive, and its good that there will be an evermore increase in street activity.
Quote:
Originally Posted by CIA
Some updates - Journal Square is going GANGBUSTERS. Two new boutique hotels are planned for the Journal Square neighborhood!
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Was talking to a friend of mine the other day about Journal Square, and he said its a dump. Mind you he's an architect. I just wanted to pull a Joe Pesci on him. You know, with a telephone. And I don't think real estate people would mind either. Say dumb things, get a telephone over the head.
He just doesn't know. Journal Square will be one of the hottest neighborhoods in the next 5 years.