Historic places like the 1718 Old Corner Bookstore building are VERY desirable because they are unique, attractive places in the business environment that draw customers. HBI’s flagship building is an excellent example of a very small building that anchors what retail brokers like to call a “100% corner” – a visually prominent location that high concentrations of people pass each day.
But Sweet and all our other retail and office tenants at the Old Corner are important because their lease payments support HBI’s mission of rehabilitating at-risk historic buildings throughout the city of Boston. A vacancy in this building means fewer resources to invest in wonderful places that could do the same thing for Dudley Square, JP Center or Fields Corner. So, whether it’s Brueggers Bagels, the Body Shop, Oakmont Partners, or Sweet, Historic Boston Inc. is happiest when our Old Corner is humming with business.
Historic Boston Inc.’s 50 years of preservation work saves places for future generations and defines the unique character of Boston, but we think it’s pretty good economic development too.
Historic Real Estate: The Hotel Edition
4 hours ago