Governor Deval Patrick is expected to join other dignitaries Wednesday at a ground-breaking ceremony to kick off a $65 million redevelopment of the historic Conductors Buildling site in Cambridge.
The eight-story, 70,000 square foot building to be developed on the Mt. Auburn Street site will create new restaurant, retail, and office space.
The century-old Conductors Building is one of the oldest original structures of the MBTA’s Red Line. Development of the new structure involves a complex design in which the building cantilevers over and above the electric transformers that power the entire Red Line.
The property for the development was assembled from two parcels purchased over the past seven years. Developers bought one from MBTA in 2007 for $3.2 million. The second was purchased from the Bulfinch Companies of Newton in 2012 for $4 million.