Tom Acitelli | Boston Curbed
Everyone’s understandably agog about the new West Station in Allston. The commuter rail stop, slated to open in 2020, will connect the area to Back Bay, South Station and maybe even tech-heavy Kendall Square. It might also become a trolley stop routing Allston residents all the way through to North Station. Such connectivity via public transit, of course, makes the environs of West Station all the more desirable as a place in which to buy or rent. What other transit stops, planned or recently launched, have also opened up a box of real estate goodies?
Green Line at Union Square in Somerville
The Green Line extension through Somerville into Medford is a truly transformative Event in Greater Boston, a way of definitively linking one of the nation’s most densely populated cities with the rest of the region’s faster public transit. At Union Square, one of the planned Green Line stops, the changes are expected to be particularly acute. Rents alone could increase more than 25 percent and condo owners/developers are already using the Green Line to sell units. Plus, the city has lined up a Chicago-based developer to lead the construction of 2.3 million square feet in residential and commercial development in Union Square.
Fairmount Line at Newmarket and Four Corners/Geneva
The Fairmount Line extension began its ambitious life as a commuter-rail branch mainly through Dorchester to Hyde Park in 2012 with the opening of the Talbot Avenue Station between the Uphams Corner and Morton Street stops. It could, however, soon evolve into the Indigo Line, just another (faster) branch of the T. For now, the openings of the Four Corners/Geneva and Newmarket stops in the summer of 2013 have heralded not only a victory for residents who fought for the access they brought but a change in thinking about development in the neighborhoods the extension runs through. That change? Thinking in terms of transit-oriented building. You can’t do that if you don’t have the transit. Read more