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MassDOT - Parcel 13 Disposition and Hynes Station Rehabilitation

Adding accessibility

  • Boston, Massachusetts

    Boston, Massachusetts

Crafting a solution to help cover the cost of upgrades to MassDOT

Thirty-five to forty million dollars. That was the price tag for upgrades to make Boston’s Hynes Convention Center Station more accessible for light-rail transit riders. The Massachusetts Department of Transportation (MassDOT) called on our team to craft a developer solicitation that would net funds to help cover the cost of the project. They also asked us conduct a formal risk analysis process.

With a strong real estate market and air rights parcels across Boylston street about to be developed, ground lease payments were the natural choice for funding. We created a strategy that generated more than $30-million in prepaid ground lease payments from the air rights developer. The solicitation also required the developer, for no additional compensation, to act as project manager for the combined station improvement and air rights development project to ensure the projects were completed on time.

We also prepared the solicitation, analyzed the submission, and assisted MassDOT throughout the solicitation process and development agreement negotiation.

At a Glance

Offices
Architect
Handel Architects / Utile
Meet Our Team

Drew Leff, Principal

Having worked as a developer, and for government, I can bridge public and private interests to achieve consensus around development plans.

Jeffrey Simon, Senior Principal

By integrating all of the factors of design, engineering, finance, and economic opportunity, all in furtherance of a vision, we create the future.
  • Drew Leff

    Principal

  • Jeffrey Simon

    Senior Principal

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