Business

Seaport parking becomes a hot commodity

For decades, the South Boston Waterfront was a wasteland of windswept lots and cheap parking. No more. As office workers and nighttime revelers move into the neighborhood — Vertex Pharmaceuticals and its 1,200 employees arrived in February — cheap parking is rapidly disappearing. In the last two years, the waterfront lost 1,200 surface spaces. It gained back 990, most in pricier garages.

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