0 Tech Companies Gravitate Back to Cities

Where do venture-backed companies focus when coming to the 617 area code? Unsurprisingly, the list focuses on the city core with areas like the Seaport, Financial District, Back Bay, Kendall Square and some clustered at the 90/95 interchange.

map of office space in Boston and Cambridge

Credit: City Lab

Here’s a national perspective from City Lab:

While many large, high-tech companies like Facebook, Google, Apple, and Microsoft have their main campuses in suburban areas, cities and urban areas house the majority of venture capital–backed startups. My own research estimates that 55 percent of all venture capital investment now flows to urban neighborhoods. In the Bay Area and Boston–Cambridge, more than 60 percent of venture capital investment gravitates to these neighborhoods.

Additional information is available on CityLab’s website.

0 1000 Boylston Looks to Heighten Back Bay Silhouette

Back Bay office building on Boylston st.

Credit: Bisnow

Back Bay could be getting some more height at 1000 Boylston Street from Weiner Ventures.

From Bisnow:

The parcel is a block away from the 254-foot Hilton Back Bay and 360-foot Sheraton North Tower as well as the 756-foot Four Seasons Hotel and Private Residences under construction. The 52-story Prudential Center tower is two blocks down Boylston. The complex would be on four different parcels, three of which are Mass Pike air rights plots.

If completed, 1000 Boylston will feature 182 apartments and 160 condominiums above a six-story podium composed of retail and parking. Its prominent location near the intersection of Boylston and Massachusetts Avenue is particularly complex due to the limited amount of ground the tower has for foundation.

0 2 Charlesgate West Headed to Fenway

Rendering of 2 Charlesgate West

Credit: Boston Herald

More change for the Boston skyline on the Fenway and Back Bay border.

According to the Boston Herald, “Trans National Properties has detailed plans to replace its Fenway headquarters with a 29-story tower called 2 Charlesgate West, which would have 173 apartments and 122 condos…The project would replace parent company Trans National Group Services’ nondescript 40-year headquarters and include 186 parking spaces, a 10,000-square-foot restaurant and 7,500 square feet of office space for Trans National.”

Additional details are available on the Boston Herald, here.

0 The Fate of the Citgo Sign atop Kenmore Square Hangs in the Balance

Back Bay Citgo sign

Credit: Boston Magazine

Boston is in the midst of a dramatic change of how we live, work and play within the city. The daytime and bedtime population is growing and the demand for services is far different than it was 20 years ago, but what hasn’t changed is how much we love our city and appreciate the history and culture that exists here. We are Boston and we love the quirks that makes this home.

Not all historic features and structures merit preserving, but some do. I am sure that prior to filling of what is now Back Bay was very controversial in 1857 when gravel and fill started arriving from Needham at a rate of twenty-five 35-car trains arrived every 24 hours.

With respect to the Citgo sign in Kenmore Square, Boston Magazine reports “the city’s Landmarks Commission met Tuesday night and granted the Citgo sign “pending designation” status. Next, the commission will prepare a report, and a public meeting will be held. If the commission approves its landmark status by a two-thirds vote, Mayor Marty Walsh has 15 days to approve or reject the proposal. If he rejects it, the City Council has 30 days to override his decision.”

You can read more on the status of the Citgo sign on Boston Magazine.

0 Boston Public Library Renovation Includes Cafe and WGBH studio


Interior Renovation of Boston Public Library

Credit: BBJ

Established in 1852, the Boston Public Library is scheduled to open its newly renovated streetscape, Café and radio studio.

From the BBJ:

The library’s central branch this Saturday will unveil the second phase of its $78 million renovation of the Johnson Building, which opened at 700 Boylston St. in 1972. The renovation’s first phase, which included a new children’s library, teen central and reference space, debuted last year.

The color scheme of the new sections primarily features blues, greens and a red-orange color aptly named “tawny daylily,” which were inspired by the John Singer Sargent murals at the McKim Building.

0 South End Gateway Plotted above Back Bay Station

rendering of Back bay real estate development

Credit: Boston Business Journal

Back Bay Station is poised to be far more than just a commuting station.  Boston Properties is proposing a 1.26 million square foot mixed use project.

From the BBJ:

Boston Properties (NYSE: BXP) on Tuesday filed a project notification form with the Boston Redevelopment Authority that outlines its plans for three separate commercial and residential towers and a renovated and expanded Back Bay Station. The total project, if approved, would include 575,000 square feet of commercial office space, up to 100,000 square feet of retail and restaurant space, and 600 residential units.

Boston Properties has dubbed the latest development the “South End Gateway” project. The development will span four air-rights parcels — that is, development built on top of existing buildings — atop Back Bay Station, and an existing parking garage at 100 Clarendon St. The development is bounded by Dartmouth Street, Stuart Street, Trinity Place and Clarendon Street in Boston’s Back Bay neighborhood.

0 Real Estate Developments Planned for Boston Train Stations

proposed developments at Boston train stations

Credit: Boston Globe

Train and towers will be the combination for three large-scale projects at prime Boston locations, including South Station, Back Bay Station and North Station.

Brief excerpts on each impending Boston train station development from the Boston Globe:

North Station
Boston Properties and Delaware North have already begun construction at North Station. That project will eventually include a 38-story residential tower, two shorter buildings, and a massive retail complex at the long-empty site of the old Boston Garden on Causeway Street.

Back Bay Station
Across town, Boston Properties recently unveiled an ambitious vision to remake Back Bay Station and a neighboring parking garage as the base of a trio of buildings that would join the Back Bay and the South End.

South Station
And at South Station, the Houston developer Hines is attempting to kickstart long-stalled plans to build what would be among the tallest buildings in the city.

According to the Boston Globe article, “all three projects are complex, in terms of engineering and economics. But for the cash-strapped Massachusetts Bay Transportation Authority, they bring deep-pocketed partners who could help pay for needed transit improvements…In return, the developers would get access to some of the best locations in a crowded city with a growing population, where getting around can be a challenge.”

0 One Dalton Street Poised to Become NE’s Tallest Residential Building

1 Dalton Street Back Bay

Credit: Boston Magazine

If living in the tallest residential building in New England is you dream, 1 Dalton Street should be on your list.

One Dalton, by the numbers:

  • 740 feet: Height of One Dalton, the tallest residential building in New England.
  • 790 feet: Height of 200 Clarendon (the Hancock Tower), the tallest building in New England.
  • 61: Number of stories, including a private restaurant and bar on the 50th floor.
  • 360°: Panorama from Boston Harbor to the Cape at certain residences.
  • $5.5 million: Price of a two-bedroom, two-and-a-half-bathroom residence on the 42nd floor.

From Boston Magazine:

Daltonians will enjoy five-star amenities that would make a Back Bay brownstone dweller swoon. Want a martini at 3 a.m.? A bartender from the 50th-floor private restaurant will oblige. Longing for the links? Visit the golf simulation room. There’s also a private theater, spa, salon, and health club—plus a 24-hour valet, laundry services, and housekeeping.

At home, residents can take in unobstructed views of the city from floor-to-ceiling glass walls. Many units have private balconies; all have fireplaces. One-bedrooms start at 900 square feet, and four- bedrooms start at 4,000 square feet, with an average expected cost of about $6 million.

Additional information is available on Boston Magazine.

0 BBJ Posts Interactive Map of Boston’s Largest Construction Projects

Boston is rising!  We are witnessing one of the city’s largest building booms and the attached map, courtesy of the Boston Business Journal, lays out all of the active sites.

Boston real estate development map

Credit: BBJ

0 Boston’s Building Boom Modernizes Skyline


Credit: Curbed

Credit: Curbed[/caption]

What do you think about some of Boston’s newest buildings gracing our skyline?

According to Curbed, Boston “is in the midst of adding about 8,000 new apartments and condos over the next three years, doubling the amount built in large luxury complexes since the 1960s. Just last year, the city approved construction projects totaling more than $3 billion. By the beginning of 2015, some 14.6 million square feet of new buildings were rising in Boston.

You can read the full article on Curbed.com