Boston, MA (2006)

Boston University Medical Campus


  • NMTC Amount: $20,000,000
  • Total Project Cost: $22,360,000


  • 100 FTE jobs
  • 300 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.
  • 28,316 sq. ft. of real estate

Project Description

With $9.5 million in support from Sovereign Bank, MassDevelopment put together a $20 million financing package through its New Markets Tax Credit programto rehabilitate and upgrade the FGS Building, one of two buildings remaining from the original design of Boston City Hospital. The restored building houses administrative support for the hematology/oncology, radiology, otolaryngology and surgical oncology services provided in the new Joseph Moakley Building. A 28,316 sq. ft. conference center on the ground floor was also part of the effort, helping to create a more cohesive working environment. In the end, a hospital grows, a community benefits and everybody wins. It’s the kind of health care story everyone loves to hear.


820 Harrison Avenue, Boston, MA 2118

PDF Profile

Related Projects


New Orleans, LA | 2nd District

New Orleans Center for Creative Arts is a regional, pre-professional arts training center that offers students intensive instruction in…