Description
The Massachusetts Bay Transportation Authority (MBTA) is seeking a joint development partner for the redevelopment of its Lynn Garage in the City of Lynn, Massachusetts. The project aims to create a transit-oriented development that enhances the public realm, contributes to economic development, and provides sustainable growth in the community. The MBTA seeks a partner with experience in similar undertakings, financial capacity, and a willingness to partner with the MBTA. The project involves the redevelopment of a 3.6-acre site, including a parking garage, busway, and adjacent commuter rail right-of-way. The MBTA is looking for a partner to help achieve its objectives, which include providing an adequate amount of parking, generating recurring financial resources, and creating a vibrant and inviting public transportation hub.
Key features of the project include:
• A 3.6-acre site with a parking garage, busway, and adjacent commuter rail right-of-way
• A transit-oriented development that enhances the public realm and contributes to economic development
• A joint development partnership with the MBTA
• A focus on sustainable growth and community engagement
• The potential for a mix of uses, including housing, retail, and commercial activation
• The need for adequate parking and public transportation options
• The opportunity for creative reuse or rehabilitation of the existing garage structure