Page 31 - Elliott US Report_Neat

TD Gardens – The Hub

In May 2013, Delaware North Companies and
Boston Properties proposed plans to construct a
multi-purpose 3 tower structure on the former
site of the original Boston Garden. The complex
would encompass 1,870,000 square feet
(174,000 m2), of which 300,000 square feet
(28,000 m2) will be allotted for retail space and
600,000 square feet (56,000 m2) for commercial
offices. It will also include 500 residential units, a
200-room hotel, and an 800-space underground
parking garage. Construction began in late
2015. The project is being completed in three
stages. The first stage is the podium that
includes shopping, entertainment, dining, new
access to the MBTA North Station Green Line
and Orange Line, and a new entrance to the TD
Garden and North Station. It also includes an
expansion to the existing North Station Garage
that sits underneath North Station and the TD
Garden. The second phase includes two
buildings built on top of the west side of the
podium. One building will be apartments, the
other a hotel. The third phase is an office
building that will sit on top of the east side of the
podium.

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