New Balance footwear funds Boston’s newest commuter rail station

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MBTA, elected officials, and New Balance executives celebrate the opening of the new privately funded commuter rail staton at Boston Landing.
Massachusetts Gov. Charlie Baker via Twitter
BOSTON — The Massachusetts Bay Transportation Authority, elected officials, and executives from New Balance are celebrating the completion of Boston’s newest commuter rail stop.

The $20 million Boston Landing commuter rail station is the result of a public-private partnership between the transit agency and New Balance. The Boston-based footwear company financed the construction of the station and will continue to pay for all maintenance costs for its first ten years of service. The financing was managed through the company’s NB Development Group, which invests in real estate and urban development projects in the Boston area.

The new facility, which is equipped with a high-level single platform, elevators, and ramps, is located adjacent to the Boston Landing development site. The 15-acre, 2.15-million square foot residential and commercial development site includes office, retail, and residential space, among other mixed-use buildings and parcels.

Located on MBTA’s Framingham-Worcester commuter rail line, the Boston Landing station is served by six morning inbound trains and six afternoon outbound trains. Fares are $2.25 for a one-way ticket to or from Boston’s South Station.

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