THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING
< Back to front page Text size +

Orange Line report predicts development boom

Posted by Jarret Bencks  April 11, 2013 09:55 AM

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

lgjackson_rendering.JPG

City of Malden

A rendering of the proposed project at 100 and 150 Exchange Street in Malden.

A recently released report from the Metropolitan Area Planning Council predicts a boom in development projects along the Orange Line corridor in coming years.

Currently, there are 17 projects under construction along the Orange Line, expected to create over 1,100 housing units and 4,100 jobs. The report projects that another 48 projects will be underway by 2020, providing over 6,600 new housing units and 17,000 jobs.

From 2020 to 2035, the planning council's report predicts 77 projects along the Orange Line, totaling over 15,000 housing units and 53,000 jobs.

Among the projects either underway or planned highlighted in the report were Assembly Square in Somerville, 100 and 150 Exchange Street in Malden,  Medford's Station Landing, and the Rivers Edge development on the Medford/Malden line.

Assembly Square plays a particularly large role in the report's projections, as the 5 million square foot development is expected to include about 2,100 housing units and nearly 7,000 permanent jobs.

Jarret Bencks can be reached at bencks.globe@gmail.com. Follow him on twitter @JarretBencks.


E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article