One of the biggest development projects in the core of Greater Boston is getting underway in earnest.
DivcoWest is readying several construction sites for its 45-acre NorthPoint campus on the borders of Cambridge, Boston, and Somerville, where it plans to put five office buildings and about 2,400 condos and apartments over the coming years. It’s also giving the place a new name: Cambridge Crossing.
It’s a kickstart to an enormous undertaking that has been in the works for more than a decade but is only partially built. Divco, a California-based developer that specializes in tech and life science campuses, paid $291 million in 2015 for 17 undeveloped parcels, and has been pushing an updated plan through permitting in all three cities. The company broke ground on its first building in May, and is ready to hit the gas, said Tom Sullivan, Divco’s president of development.