“NorthPoint speeds new T station plan”
Backers of the massive $2 billion NorthPoint project are speeding up plans to build a new Lechmere T station in an effort to boost future condo and office sales at the East Cambridge development site.
The move to start construction as early as next year – rather than in 2010 or 2011 – could also accelerate plans to eventually extend the Green Line into Somerville and West Medford.
– – –
More quotes from the article…
– – –
The developers will build a new T station east of O’Brien Highway, where they’re now constructing the first two condo buildings within the planned transportation-friendly NorthPoint.
Developers will pick up most of the expected $35 million cost to build a new station – which will include space for trolleys, buses, parking and retail. Once finished, developers would take over the old T site and redevelop it.
– – –
The most recent plans had called for construction of a new station in 2010 or 2011 âat the outside.â Now it looks like construction may start within 18 months.
Serafin said developers are starting work on designs for the station and nearby roadwork.