MBTA plans to sell naming rights to Subway stations
Boston Subway stations could be seeing a major change soon, as the cash-strapped MBTA considers a plan to sell station naming rights to corporate sponsors.
According to the Boston Globe, the plan was unveiled to the MBTA's financing board on Tuesday. Naming rights to 11 stations, including popular stations like Downtown Crossing, would be up for grabs under the proposed plan. Eventually, the bids would apply to stations across the system.
The MBTA stands to make an estimated $18.4 million for selling the rights to the original 11 stations.
Bidding could begin within a month and will include companies of all sizes. One official tells the Globe that the MBTA will reject proposals from any sponsor that is deemed inappropriate.