IN THE HEART OF IT ALL A N E W N E I G H BO R H O O D AWA I T S
THE OPPORTUNITY As exclusive listing agent, Transwestern Consulting Group ( TCG ) and HFF are pleased to offer for sale Widett Circle, a 19.73 acre redevelopment site located at the nexus of the highly desirable South Boston and South End neighborhoods of Boston. This transit-oriented site located just minutes from downtown Boston offers unmatched access to Boston s MBTA transit system and major highway systems. Widett Circle benefits from high visibility along Interstate 93 and is situated approximately one mile from the Andrew Square Red Line Station and Newmarket Commuter Rail Station, both of which provide direct access to South Station and to all points south of Boston. Currently owned and operated by the New Boston Food Market Development Corporation for wholesale food processing and manufacturing functions, Widett Circle s redevelopment potential first grabbed national attention as part of the Boston 2024 Olympic bid which earmarked the site for Olympic Village. As the neighboring areas of South Boston and South End continue to undergo rapid redevelopment, the site has maintained its cache as one of Boston s most sought after development sites. Nearby large-scale, mixed-use projects such as South Bay Mall and INK Block residential/retail development have been hugely successful in attracting new activity to the area, while planned redevelopments such as Washington Village at Dorchester Avenue, the Boston Flower Exchange and Washington Village will drive continued growth in the immediate area. The redevelopment of Widett Circle has gained strong support from the Mayor of Boston and other local authorities to continue the kind of growth that has transformed other parts of Boston. As viable, transit-oriented sites within Boston continue to be more difficult to find, Widett Circle presents a unique opportunity to capitalize on the supply-constrained market fundamentals to develop Boston s next mixed-use destination within the transformative neighborhoods of South Boston and the South End. 19.73 ACRES 1.7 MILLION SQUARE FEET AS OF RIGHT 8 MINUTES TO TRANSIT RESIDENTIAL OFFICE RETAIL TRANSIT PARKS 2
BOSTON EDUCATION 55 COLLEGES AND UNIVERSITIES DEMOGRAPHICS 1/3 OF BOSTON S POPULATION IS THE CREATIVE 20 34 YEAR OLD DEMOGRAPHIC EMPLOYMENT HEALTHCARE TECHNOLOGY LIFE SCIENCES 28 % 123 % 159 % #1 CITY FOR FOSTERING ENTREPRENEURIAL GROWTH AND INNOVATION 9% GROWTH PER YEAR SINCE 2010 IN THE HIGH TECH INDUSTRY GROWTH 3
LOCATION & ACCESS PARK FINANCIAL DISTRICT DOWNTOWN CROSSING LOGAN AIRPORT BACK BAY ARLINGTON COPLEY BOYLSTON CHINATOWN SOUTH STATION SEAPORT DISTRICT TUFTS MEDICAL CENTER BACK BAY SILVER LINE PRUDENTIAL INK BLOCK SYMPHONY SOUTH END BROADWAY MASS AVE SOUTH BOSTON Transit-Oriented Location with Nearby Amenities Centrally located between the South End and South Boston neighborhoods, Widett Circle offers unparalleled access to Interstate 93, the Massachusetts Turnpike (I-90) and Logan International Airport. Additionally, the site is just a short 7 minute walk from Boston s newest 1.2 million SF mixed-use development at South Bay Center, which is slated to add approximately 475 residential units, 120,000 SF of retail and restaurant space, a 12-screen cinema, a 130-room hotel as well as structured and surface parking capacity for 1,095 vehicles. EXIT 18 ANDREW 71 Very Walkable 76 Excellent Transit 81 Very Bikeable NEWMARKET 4
FOR MORE INFORMATION ON THE OPPORTUNITY: MIKE JOYCE michael.joyce@transwestern.com 617.439.9704 COLEMAN BENEDICT cbenedict@hfflp.com 617.848.1567 BEN SAYLES bsayles@hfflp.com 617.848.1568