Massport Other Real Estate Assets

20.43 acres with (16.4 buildable) with 1,000 feet of frontage on Forbes Road and high visibility from I-93
Site is currently owned by Massport
Designated for Highway Zoning
Potential redevelopment scenarios are predicated on consolidating LEX operations in a multi-deck parking structure for a minimum of 2,000 cars.
Preliminary exploration and analyses for ground lease of developable portion of site.
Any future development is predicated on accomodating current and future Logan Express parking demand which is critical to the Massport mission.

Logan Express provides direct bus service to Boston Logan International Airport
Routes include: four suburban locations with parking (Braintree, Framingham, Woburn, and Peabody); and one urban service from Boston's Back Bay neighborhood
Logan Express carried 1.8 million passengers in 2016.
By ridership, Logan Express is the 7th largest transit system in Massachusetts
5.2% of trips to Logan arrive via Logan Express (all lines)

Annual Ridership 655,158 (2016)
Employee trips account for nearly 50% of the total
Braintree represents 36% of the entire Logan Express system ridership
Total site is approximately 20 acres; usable land area is approximately 14 acres
Parking: approximately 1,800 lined spaces in two separate areas
Monthly entries and exits from garage between 14,000 and 16,000 in 2017