Credit: Boston Globe
Boston Harbor might soon have a new development approved for its shores. It appears Don Chiofaro has amended his proposed plans for his new Boston Tower to conform to the city’s zoning rules.
From the Boston Globe:
[Chiofaro will] push forward with his bid to put a skyscraper on the site of the Harbor Garage, and to do it within proposed zoning rules that he fought for years to loosen without success. It would still be a billion-dollar-plus project, a bookend to the International Place towers he built in the 1980s, but not quite as grand as he envisioned.
It’s likely to be several months, at least, before Chiofaro can file specific plans with the BRA. Then, given a year or more for permitting, construction wouldn’t start until 2018, at the earliest.
Boston is clearly seeing a tremendous amount of new construction from office to multi-family in all areas of the city. Once you dig deeper into the numbers you come to realize that the height of the vast majority of new projects doesn’t exceed 200 – 300 feet. The exceptions are 1 Dalton and Millennium Tower at 700 feet and 690 feet, respectively. Boston developers instead are building what the market wants at a price point the market can support. Some of the challenges with going about 300 feet requires an additional elevator core which increases the add on factor.
According to Banker and Tradesman, “almost all of Boston’s true office skyscrapers – 500 feet and up – were built in the 1980s and before. The Hancock and Prudential towers may be gems of the Boston skyline, but they are also the last of a dying breed and one we are unlikely to see again anytime soon…Since 2000, Boston has seen 52 new office, condo and apartment buildings take shape. The vast majority of them – 36 – are between 200 and 300 feet.”
You can read the full article on B&T’s website.
Credit: The Real Reporter
Boston won’t be scaling up to the development heights of projects underway in NYC. Boston’s newest tower comes in at nearly half the height of New York’s Nordstrom Tower.
From The Real Reporter:
When comparing to New York’s major projects under development, Boston comes up very short with Millennium Tower as its tallest, versus Nordstrom Tower, by more than double its size. Nordstrom Tower (when complete) is set to be crowned the World’s tallest, towering in at 1,775 Feet, while Millennium will top off at 685 feet.
Credit: Curbed Boston
The Boston Skyline is expect to change by 2020 and here’s what it might look like. The interesting part of this is 3 of the top 10 are residential, where is years past the top 10 have always been office.
Curbed, Boston recently published a projected list of the 10 tallest buildings in 2020, including the following three:
- 200 Clarendon
- Winthrop Square Tower
- Prudential Center Tower
You can find the full list on Curbed Boston
Credit: Boston Globe
Sails are coming to the Seaport are of Boston, if developer Jon Cronin has his way with the BRA.
From the Boston Globe:
The 250-foot-tall building, designed by architect Howard Elkus, would feature a twisting, angular design out toward the World Trade Center and Boston Harbor. It was inspired, in part, by the city’s recent push for bolder design in the booming Seaport, Cronin said, which has prompted other developers to move beyond the boxy looks that characterized many of the neighborhood’s earlier projects.
“We had already designed a striking yet cost-efficient tower until I attended Mayor [Martin] Walsh’s speech last December urging developers to build more architecturally significant buildings,” said Cronin in a statement. “We decided to meet that challenge.”
Credit: Boston Globe
To get you companies name in lights on a building in Boston will now be a formalized policy according to the BRA. Personally I am a fan of fewer signs rather than seeing our rooftops littered with every brand that occupies our city.
According to a Boston Globe article, “The Boston Redevelopment Authority is working on a new sign policy, one that would formalize by early next year the agency’s often-informal approach, just as Boston’s building boom could bring another round of requests for prominent corporate signage.”
More from the Globe:
“Quite often, when you go to other cities, you’ll see corporate names on top of buildings,” said David Carlson, the Boston Redevelopment Authority’s deputy director for urban design. “The general preference [here] is to not have a skyline dominated by corporate signs and instead to have a skyline that’s dominated by hopefully interesting buildings.”
According to CoStar, there are 4 Class A buildings under construction that can accommodate users of 50,000 square feet or more. They are located in the Seaport and Back Bay and have combined number of 1,610,202 square feet.
||Number Of Stories
||Rentable Building Area
|| Typical Floor Size
|| Max Floor Contiguous Space
|| Total Available Space (SF)
|100 Northern Ave
|140 Northern Ave
|121 Seaport Blvd
Please have a look at Back Bay’s newest proposed tower on Stuart Street. This will be 625,000 RSF on 26 floors.
From the Boston Business Journal:
Boston-based insurance giant John Hancock has submitted its expanded project notification form to city officials, and with the document comes a broader look at the firm’s proposed 26-story Back Bay tower…John Hancock’s proposed 388-foot tower at 380 Stuart St. is slated to span 625,000 square feet, of which 10,000 square feet would be ground-floor retail. The tower would also include a four-level, 175-space underground parking deck.
Good bye to the JHT, John Hancock Tower, hello 200 Clarendon Street.
Landlord Boston Properties has formally renamed New England’s tallest building, the 60-story John Hancock Tower, now that Manulife’s John Hancock Insurance division no longer occupies any office space in the mirrored glass rhomboid.
“We’re not allowed to call it (the Hancock Tower) anymore as the Hancock Manulife lease expired at the end of the second quarter,” Boston Properties President Douglas Linde said during a conference call today.
Boston Properties acquired the property in 2010 for $930 million. Leases by John Hancock and State Street Corp. totaling 414,000 square feet recently expired, increasing vacancies in the 1.7-million-square-foot tower. Boston Properties is repositioning the former State Street offices as tech space under the “120 St. James” name, reflecting a new entrance on that avenue.
Copley Square is going to see some major upgrade to Copley Place. Simon Properties in planning major interior and exterior upgrades with completion in the Summer of ’16.
Bisnow is reporting that, “come September, Copley Place begins both interior and exterior upgrades. Simon Malls president David Contis says the high-end shopping destination will have a more modern and cohesive look. Simon expects to add a number of luxury retailers. Copley Place will remain open during renovations, with the majority of the project expected to be completed by summer 2016.”
You can read the original post, here.