New Balance, the Boston-based athletic shoe company, is building a commuter train station as a part of its huge Boston Landing development.
The project, which will include the new 250,000 sq. ft. world headquarters for New Balance along with a hotel, sports complex, retail and restaurant space and 650,000 sq. ft. of leasable office space, is along the Massachusetts Turnpike in Boston’s Brighton neighborhood.
The corridor used to be served by several commuter train stations but they were closed in 1962 when the Turnpike opened. New Balance, through its NB Development Group, will pay about $15 million to build the station and then maintain it for ten years. The new station will connect with existing rail lines. It is expected to open in fall 2016.
“The commitment of New Balance and the City of Boston to expand development and transportation opportunities is vital to bringing new economic activity and jobs to Greater Boston,” said Massachusetts Governor Charlie Baker. “These projects, supported by the industry and municipalities whose residents and employees benefit most, will expand economic growth, accessibility and mobility for others as we work toward critical reforms for our Commonwealth’s public transit system.”