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While no one is sure what impact new office and retail space will have on Dudley Square, many think rents in the neighborhood shopping district will continue to rise.

While no one is sure what impact new office and retail space will have on Dudley Square, many think rents in the neighborhood shopping district will continue to rise.

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Dudley Square retail rents rising as area undergoes revitalization

The rising tide of new commercial development around Dudley Square is becoming ever more tangible, as the city began receiving proposals for leasing retail space in the new Dudley Municipal Center and financing was announced this month for a new and greatly expanded Tropical Foods store.