21-23 Anthony Valenti Way
Retail | 1,748 SqFt
Marketing description
Boston Realty Advisors is pleased to present an exceptional development opportunity located at 21-23 Anthony Valenti Way in the North Station/West End submarket of Boston, MA. The property consists of three parcels that total ±1,748 SF of land with an as-of-right redevelopment FAR of 8.0 or ±14,000 GSF. Currently used as a parking lot, given its location and proximity to the TD Garden, this site presents as a premier residential or commercial development opportunity.
Anchored by one of the most active rail stations in the country, North Station and the most recognizable arena, TD Garden, the property is located in a path of extraordinary development. Boston Properties completed a 1.9 million square foot mixed-use center above North Station as well as HYM Investment Groups 2.9 million square foot redevelopment of Government Center Garage, which sits on the opposite side of the site. The North Station area is truly a transit-oriented location with a supreme employment base which continues to grow.
Valenti Way represents a phenomenal offering in a highly trafficked urban location primed for redevelopment. We will be conducting tours of the property in the upcoming weeks with a "call-for-offers" to follow.
Investment highlights
- Area development: located just steps away from two of the biggest developments to hit Boston in decades, the area is continuing to grow at a rapid pace. Just a short walk away at north station, Boston properties and partner delaware north completed a 1.9 million square foot mixed-use development that is home to anchor tenant, Verizon. Just around the corner, hym investment group is redeveloping the government center garage with a 2.9 million square foot mixed-use center, which is now the new home of state street.
- Transit oriented: valenti way is located just steps away from one of Boston’s largest transit hubs; north station and government center. The property is also immediately accessible by the mbta green LINE and multiple bus routes.
- Superior area amenities: the north end & north station areas feature a surplus of restaurants, bars, grocery stores, boutique shops, parks and a deep employer BASE. Valenti way is truly located in an amenity rich submarket.
- Strong market dynamics: the north end and west end area continue to showcase their core locations with the increase in rental rates and condominium prices year over year
- Flexible zoning
- Existing parking in high demand market
- Attractive market dynamics
- Transit oriented
- Superior surrounding amenities
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