Co-authored by Anna Rabin, SM& Assistant Account Executive, and Kristin Wetherbee, SM& Account Executive

This week, our client, The Community Builders (TCB), marked a transformative moment for the neighborhoods of Jamaica Plain and Roxbury.

Mayor Menino and other elected officials came together with neighborhood residents and community leaders to celebrate the completed first phase of the 14-building, $250 million Jackson Square Redevelopment Initiative, 225 Centre. Developed by TCB, 225 Centre is a mixed-use, mixed-income, transit-oriented project that features 103 much needed apartments, 16,000 square feet of commercial space and underground parking.

The date also marked Urban Edge’s groundbreaking at Jackson Commons, phase two of the Jackson Square redevelopment plan. The goal of the Jackson Square initiative is to reconnect the Jamaica Plain and Roxbury neighborhoods, and revitalize a portion of Boston that has been abandoned for years after being torn up by failed highway projects.

As Boston Globe columnist Paul McMorrow wrote in his story, “Use housing to heal scars from bulldozer era,”… “Jackson Square isn’t just a physical redevelopment project. It’s also about economic reconstruction. Middle and working-class Boston residents are steadily disappearing because Boston is adding new luxury homes by the thousands, but very few developers are building homes for the city’s economic center. Jackson Square’s redevelopment is aimed squarely at this neglected market.”

In his speech, Mayor Menino said that “Jackson Square has shown the city patience and is now showing the city progress.” We look forward to continuing to celebrate that progress through the many milestones left to come for the redevelopment of Jackson Square.  For more coverage of the event, check out, Banker & Tradesman, Boston Herald, Curbed Boston, Real Estate Bisnow BostonJamaica Plain Patch and Northeast Real Estate Business.