Boston’s federal office buildings are largely empty, typically outdated and plagued with leaks or other issues requiring costly repairs, the Boston Business Journal reported. That represents an opportunity to move or consolidate offices to save taxpayer money and open opportunities for new uses, an advisory board told members of the Boston area’s real estate community on Wednesday.
“There frankly couldn’t be a better time to secure long-time leases in the private market as alternative leases,” said Dan Mathews, a member of the Public Buildings Reform Board.
Three federal buildings in and around downtown Boston are strong candidates for adaptive reuse, reported the Business Journal. They include the 22-story John W. McCormack Post Office and Courthouse in Post Office Square, the 26-story John F. Kennedy Federal Building next to City Hall and the 11-story Thomas P. O’Neill Jr. Federal Building next to TD Garden.
Pictured: Thomas P. O’Neill Jr. Federal Building.
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