BOSTON (AP) — The Boston Planning and Development Agency approved the $8 billion redevelopment of the Suffolk Downs racetrack on Friday.
The project led by HYM Investment Group includes 10,000 apartments and condos and office space for 25,000 workers on the 109-acre lot, MassLive Media reported.
The project could take two decades to complete and includes a mixed-use neighborhood, a 40-acre publicly accessible open space system, and two retail squares.
The first phase includes nearly 1.39 million square feet of development, 520,000 square feet of corporate use space, a plaza with over 100,000 square feet for retail, three residential buildings and 800 townhomes.
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