Credit: Boston Globe
GE unveils a glimpse of our industrial past with renderings to the new pedestrian bridge at their new world headquarters in Boston’s Seaport. The new bridge will be used as four separate lounges and quiet working spaces for GE employees.
From the Boston Globe:
Consistent with its historical design, GE expects to keep a green wall on the east side of the bridge. But the bridge’s west side, facing downtown, would look quite different. The windowless facade, currently shielded by corrugated metal, would be replaced with banks of tall windows. The interior — oddly shaped at 40 feet long by 7 feet wide — is to be used as four separate lounges and quiet working spaces for GE employees.
The bridge was once an important link between buildings in the old New England Confectionery Co. complex. But it has long since outlived its original function. It now extends between one of two old brick buildings that GE will occupy and another former Necco building, currently owned by Synergy Investments. The Synergy-owned office building will remain walled off from the GE bridge.
One way to limit cars in the Seaport is to increase the cost to park them. The Seaport hourly rate will see a 25% increase for street parking, and I can only imagine the next rate change will be for surface lots and garages.
“Starting June 5, 20 percent of the total hours that meters cover in the neighborhood will have their maximum rates increase from $2 to $2.50 per hour, according to the city. Meter pricing in the Seaport will now range from $1 to $2.50 per hour,” noted a recent BBJ article.
You can real the full article on the Boston Business Journal, here.
Credit: Boston Business Journal
Where is Innovation Point? If you ask your Uber driver, I imagine you will get a confusing look back at you from the rear view mirror. If you Google it, it is yet to be clearly defined in Maps other than showing part of the Northern end of the Seaport section of South Boston. Innovation Point is the name selected by GE for their new corporate headquarters in Boston.
Jeff Caywood a GE spokesperson, said the name is a reflection of both the neighborhood and company…The “innovation” piece is reflective of GE’s 125-year history, and the innovative products it has brought to the market — everything from lightbulbs to appliances to jet engines, he said. The “point,” meanwhile, reflects both the Fort Point neighborhood and the “acceleration point” of GE as it transforms into what it has dubbed a “digital industrial” company.
You can read the full article on the BBJ, here.
Credit: Banker and Tradesman
Looking for space in Boston’s Seaport? 121 Seaport Boulevard, being developed by Skanska, is looking for you. The office building will spread 400,000 square-feet, across 17 floors that are virtually column-free.
From Banker and Tradesman:
Promoted as Boston’s first elliptical tower, the design squeezed efficiencies out of its chilled beam heating and cooling system, said David Nagahiro, a principal at CBT. That eliminated the need for a large fan room in the core space on each floor, enabling nearly 86 percent of each floor to be leasable space.
“This is the most efficient floor plate in the city,” Nagahiro said.
Credit: Banker and Tradesman
The Seaport office footprint continues to grow upward. 55,000 square feet is being added to the top of 22 Boston Wharf Road.
According to Banker&Tradesman, “Bentall Kennedy, the real estate manager for landlord Multi-Employer Property Trust, is overseeing construction of two floors of open-format office space totaling 54,712 square feet. Another 55,000 square feet is available on the seventh and eighth floors in space previously occupied by TRO Boston and Red Thread…The space will be ready for tenants to begin interior fitouts as soon as this fall, said David Fitzgerald, a partner at CBRE/New England which is representing ownership.”
The full article is available on the Banker and Tradesman website, here.
Credit: Boston Globe
The evolution of a Seaport submarket through the lens of Boston Globe photographer David L. Ryan from 1982 to present.
According to the Boston Globe, “more than $1.5 billion worth of apartments, condos, storefronts, and office space is under construction in the Seaport right now, all within the span of a few blocks. Another $850 million in projects is set to break ground soon.”
Click over to view a the evolution of the Boston Seaport as captured by the Boston Globe.
Credit: Mary Landucci
Competition breeds a better product and Boston’s office landlords are adding key differentiators. No longer are lobby and common area upgrades the most notable factors when considering a new location for your company. Now tenants might consider items like: Green Factor, Hubway location and Bike Storage, after hours HVAC and Social Managers.
451 D Street in Boston’s Seaport has added Mary Landucci as the Social Manager to assist with coordinating all events for the building.
In an article with Biznow, Landucci notes that “from a recruitment standpoint, it’s become essential for companies, in Boston specifically, to provide their employees with space that caters well to Millennials. My role is a meaningful way for the building landlord to add to that lively, social environment. Also, by having our own building programming as well as a 3,300 SF building lounge, we’re seeking to take some of the pressure off of our tenant companies to be forced to create that space and programming within their own workplace.”
You can read the entire Landucci interview on Biznow’s website.
A retail store, running track, and a new Corporate Headquarters are coming to Boston Seaport curtesy of Reebok.
From the Boston Business Journal:
The athletic gear maker, which is currently based in Canton, said Wednesday it will occupy 220,000 square feet and five floors of space at the Innovation & Design Building by next fall. About 700 employees will work from the office.
“Our vision is to bring ‘The Home of Fitness,’ which we’ve created at our Canton HQ, to this new location,” said Reebok President Matt O’Toole in a statement. “We have a goal of being the fittest, healthiest workplace in the country, and this new location will go a long way in helping us achieve this goal. It will be a workplace unlike any other in the city, with amenities that will not only benefit our employees, but the local community as well.”
The following is some insight into 1 Seaport Square which is a 1.5 million square foot project 22 stories tall with expected completion in June of 2017.
One Seaport Square is Boston’s largest mixed-use project in over 30 years, encompassing 1.5 million square feet over three acres of land. Located in the heart of the Seaport District, One Seaport Square will feature two residential and retail buildings, The Benjamin (22 stories tall) and VIA (20 stories tall), built to the highest standard of modern luxury and featuring sweeping Boston skyline and Boston Harbor views. One Seaport Square will qualify for LEED Silver sustainability certification…250,000 square feet of exclusive retail will be located at One Seaport Square across both buildings’ first three stories.
You can read the full overview of 1 Seaport Square on Bldup.
Self-driving cars are going to change our relationship with the automobile far more significantly that any other change that has been introduced over the century. The days are numbered until we simply “Uber” our own car to come pick us up after work. Some car manufactures are building their own technology to compete directly with ridesharing companies.
From the Boston Business Journal:
“Boston and Massachusetts are leaders in rethinking the future of transportation, and we are grateful for their partnership and support of nuTonomy’s efforts to develop a fleet of self-driving cars to serve the public,” said CEO Karl Iagnemma in a statement.
The pilot program will be the first test of autonomous vehicles on public streets in Boston, and comes just a month after Mayor Marty Walsh and Gov. Charlie Baker signed executive orders allowing tests of the vehicles as long as they pass state inspections and have a person in the driver’s seat ready to take control if anything goes wrong. The nuTonomy test is part of the the Go Boston 2030 plan to rethink city transportation over the next decade and a half.