NorthPoint condo / mixed use project to see new life?
Jan 2011 20

The NorthPoint mixed-use project at the edge of Boston and East Cambridge may see new life, according to the developer.

In comments published by Banker & Tradesman, Tom O’Brien, managing partner of HYM Investment Group, is quoted as saying: “The site is ready to go.”

Further:

While there are three types of uses that could work well for the NorthPoint campus, situated between the Lechmere and Sullivan Square MBTA stations, “We could look seriously at residential now in 2011,” O’Brien said.

However, he was not comfortable saying for sure what might be built there, first. Options include office space, residential, or perhaps even a single-company’s headquarters / campus.

Anything is good news for this site, currently the location of two stubby condo buildings and not much of anything else. Original plans carried a price tag of $2 billion, the vast majority of which has not yet been spent.

More: Polaroid, NorthPoint Developers Ready Their Shovels, Banker & Tradesman

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