April 14, 2017
What is Downtown Crossing? In CRE terms, it is likely denoted as a submarket of downtown Boston between Boston Common and the Financial District. But to understand what it really is requires a deeper look at its remarkable transformation.
Downtown Crossing is urban revival on a grand, glorious scale. And it is blood, sweat, and furrowed brows by the urban planners, developers and city leaders who risked greatly, envisioned grandly and struggled mightily to bring back to life a bleak, five-block “ugly hole” few dared look at, much less enter.
Today, Downtown Crossing is a hot kaleidoscope mix of uses, ranging from fashionable retailers, local merchants, chef-driven restaurants and hip bars, to vibrant hotels, high-end residential developments and cool creative office redevelopments. But beyond all the new projects, perhaps the biggest change on the streets of Downtown Crossing are the throngs of people that have rediscovered it.
If you’ve ever questioned why you got into, or are staying in commercial real estate, take a few minutes to read the full story on the link to the Boston Globe below. It will inspire you to hear what’s good about the profession, and the people who make it happen.
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