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Filene's Hole developer has new idea

By adamg on Fri, 05/08/2009 - 9:11am

The Globe details John Hynes' latest possibility for the giant negative space: Fewer floors, more apartments could dramatically reduce costs and make the project more attractive to the lenders who aren't giving him money now.

Neighborhoods: 
Downtown
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Downtown Crossing
Filene's


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Comments

By david_yamada on Fri, 05/08/2009 - 10:36am.

So filling the hole with overpriced rentals will do the trick? That's no way to rebuild the downtown district.

Similar to the lack of a long-term sustainability strategy for the Globe, I sense that these guys are at a loss for how to rescue Downtown Crossing.

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By anon on Fri, 05/08/2009 - 12:12pm.

I honestly don't think shopping will "save" DTX. DTX can't really be saved by anything other than the times changing. Eventually office space will be cheap enough that some offices will move closer, and it'll result in higher property values.

The one thing nobody wants to discuss is the high population of homeless concentrated in that area, and the fact that the entire place is swarming with teenagers half the day. Most of the hoity-toity clients don't even want to go there for LUNCH. Forget working/living there!

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