The future of development in Boston’s Raymond L. Flynn Maritime Park

Journalist Steve Adams’ piece in Banker & TradesmanMarine Park Vision: ‘Flex- Industrial’ Space A New Blueprint For Gritty Waterfront District covers the future of development in Boston’s Raymond L. Flynn Maritime Park. Home to a multitude of marine industrial, general industrial, and commercial businesses, the Marine Park still has a significant amount of underutilized property and needs to respond to the changing market to include a mix of tenants that can support the cost of new construction. Adams points out that Utile, who was hired to master plan the 191-acre waterfront, identified a “contemporary flex-industrial space” as a building prototype to reactivate the area. This mixed-use building type, and a restructuring of the relative amount of permitted uses in the park, could attract additional tenants beyond marine industrial and supporting industrial uses. These include biotech, manufacturing, and e-commerce, lending a new dynamic to the character and economic viability of the park.

Posted on April 3, 2017