The flavor of the day in Massachusetts may be health cost containment, but a Boston Herald report suggests that some Longwood medical offices are about to get significantly glitzier, in a very Chestnut-Hill-retail way.
The Herald, citing a source in the know about a deal with Needham-based The Bulfinch Cos., reports that the upscale Atrium Mall is under agreement to be sold and will be converted into medical offices for Longwood emigrants:
Bulfinch plans to use the mall for medical office space to take advantage of its proximity to the Longwood Medical Area a few miles away in Boston, according to the source.
“Things are so tight in the LMA [Longwood Medical Area] that most of the institutions are looking to push their doctors groups out,” the source said. “It’s a good deal for Bulfinch, notwithstanding the fact that they’re going to have to spend some money to convert the property. It is such a great location.”
Denizens of the Longwood medical-industrial complex, how would you feel about moving to Chestnut Hill? Goodness knows the Longwood traffic can get hair-raising, but personally, I'd be loath to sacrifice the exciting density and proximity for, well, mall-ville...
This program aired on June 6, 2012. The audio for this program is not available.