A Canadian developer says it will soon file plans with the BPDA to replace a 361-space parking garage on Farnsworth Street with a four-story life-sciences building with no parking whatsoever.
In a letter of intent, BentallGreenOak of Toronto, says that's a good thing, because it will eliminate "vehicle trips associated with public parking." The six-story garage has long been a place for parents to park on trips to the nearby Children's Museum.
BentallGreneOak bought the garage in 2015 for $44 million. Last fall, it sold 12 Farnsworth St., an office building across the street from the garage, with a Flour Bakery on the first floor, to a California real-estate firm for $49.6 million - along with a smaller property on Sleeper Street for $2.4 million.