0 PwC Migrates to Seaport High-Rise Office Space

rendering of new Seaport office space for PwC

Credit: Boston Business Journal

PwC is the newest tenant to migrate from the Financial District to the Seaport.  Having their home on High Street of 376,650 square feet to settle into 333,500 might seem like a downsize, but in fact, they are simply more efficient.  The use of hot, swappable workstations will be one of the key drivers to the firm requiring a smaller footprint.

According to the Boston Business Journal, “the company moved into the space Tuesday from its former Boston headquarters at 125 High St. It occupies all but four floors of the building, located at the intersection of Seaport Boulevard and Boston Wharf Road. One floor houses a 4,000-square-foot gym that’s free for all employees, while the street level will eventually feature retailers. The glass exterior of the building, on which the firm has a 15-year lease, features a PwC logo. The lobby at PwC’s new location on Seaport Boulevard in Boston takes advantage of natural light.”

You can read the full article on the BBJ’s website.

0 Boston Developers Eye Financial Tech Sector

Rendering of modernized Boston Financial District

Credit: Bisnow

The newest Tech-friendly office tower could be a crucial differentiator in Class A Financial District office space, with delivery in 2020.

According to Bisnow, Trans National CEO Steve Belkin and EVP (development) Justin Krebs want to help Boston become a global financial/tech innovation cluster…proposing “a $900M tower downtown that would include an elaborate two-story 22,500 SF Entrepreneurial Innovation Center that’s free to the public. They hope that the space where financial services pros, tech talent and university folk join forces will help elevate Boston’s brand as a global hotbed of financial innovation. Steve, an entrepreneur who’s launched 30 companies of his own, is also answering Mayor Walsh’s call to help make Boston the world’s innovation leader by 2030.

You can read the full article on the Bisnow website.

0 Updates Coming to Boston’s Financial District

rendering of congress street redevelopment

Credit: Bizjournals.com

More new retail, office and hotel options are coming to the Boston Financial District, centered around the intersection of State Street and Congress Street.

According to the BBJ, the Boston Redevelopment Authority’s agenda for its Thursday City Hall meeting includes the following projects:

  • A public hearing to discuss a proposed 23-story, 346-room“micro hotel which is designed to meet the changing needs/habits of today’s urban travelers” at 240 Tremont St. in the Theater District.
  • A public hearing to discuss Simon Property Group’s (NYSE: SPG)residential and retail expansion projectat 5 Copley Place, a proposed 52-story tower that includes 542 units of residential space spanning 680,000 square feet, a 54,000-square-foot addition to Neiman Marcus and a 60,000-square-foot addition of restaurant and retail space.
  • Scheduling a public hearing about Related Beal’s Congress Square project.
  • Approving and extending the Simmons College institutional master plan in the Fenway neighborhood.