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Colliers Overview June 2013

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Colliers Overview June 2013

  1. 1. Peter MeadeCHIEF ECONOMICDEVELOPMENT OFFICERBOSTON REDEVELOPMENT AUTHORITY
  2. 2. 80 million square feet of new development added21,618 units of housing7,140 hotel rooms9.4 million square feet of office space11% of Boston’s total square footageBuilding BostonThe last 20 years
  3. 3. $408$353$350$365$271$234$1.2$1.7$2.2$2.7$3.2$3.7$4.2$150$200$250$300$350$400$450$500$550$600$65000 01 02 03 04 05 06 07 08 09 10 11 12In$MillionsNet State Aid to BostonNet State Aid to Boston: 2000-2012Source: Boston Assessing Department, Massachusetts Department of Revenue, BRA Research Division Analysis.In$Billions
  4. 4. $2.9$3.0$3.6$4.2$3.6$4.2$408$353$350$365$271$234$1.2$1.7$2.2$2.7$3.2$3.7$4.2$150$200$250$300$350$400$450$500$550$600$65000 01 02 03 04 05 06 07 08 09 10 11 12In$MillionsNet State Aid to Boston Taxes Derived from BostonNet State Aid to Boston: 2000-2012Taxes Derived from Boston: 2000-2012Source: Boston Assessing Department, Massachusetts Department of Revenue, BRA Research Division Analysis.In$Billions
  5. 5. $6 billion15.7 million square feet63 projects6,827 residential unitsBuilding BostonUnder Construction
  6. 6. $2.8 billion7.4 million square feet34 projects4,545 residential unitsTotal: $8.8 billion, 23.1 million SFBuilding BostonBreaking Ground in 2013

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