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Union Square’s 175K-SF Lab Project Moves Ahead
Union Square Station Associates has received approval from the Somerville Planning Board on a 175,000-square-foot lab building in Boston’s Union Square. The $160 million project is part of the first phase of the developer’s revitalization of Union Square.
The project will feature a “blue roof” as a water retention strategy, and will also feature 8,900 square feet of arts and creative space as well as ground floor retail.
Once completed, the full Union Square Station Associates’ project will include 2.4 million square feet of new biotech, lab, office, residential and retail space. The project will be comprised of 60 percent commercial and 40 residential development, and includes over 3.5 acres of open space. The City of Somerville selected Union Square Station Associates as the developer for the Union Square Revitalization Project in 2014.
*An earlier version of this story noted that Skanska USA plans to enter a joint venture partnership with Union Square Station Associates for development of the lab building. To date, nothing yet has been signed between the two groups and the deal is still only a hypothetical.
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