0 Three New Seaport Office Towers Gain Approval

new office towers in Boston seaport

Credit: Boston Globe

The skyline in the Seaport continue to change with the approval of 3 more towers Boston Civic Design Commission.

According to a recent Boston Globe article, “the Boston Civic Design Commission gave its approval to the plans for three 22-story condo and apartment towers and retail along Seaport Boulevard. It’s the final city approval needed for the $700 million project, said Nick Martin, a spokesman for the Boston Redevelopment Authority…Unlike many developments in the Seaport, which have been criticized for being overly boxy, these buildings are designed with staggered heights and different shapes arrayed around an elevated podium with retail on the 3.5 acre site. It would include about 1,100 condos and apartments,- with the exact mix to be determined by market conditions – and 125,000 square feet of retail space. The buildings will be built on two blocks between Seaport Boulevard and Congress Street, between B Street and East Service Road.”

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

0 Seaport Sports New Wayfinding Signs

Boston Seaport signs

Credit: B&T

I’m sorry, which way to the Seaport/Innovation District?  Let us help you get there.

According to Banker and Tradesman, “New wayfinding signs were installed in Boston’s Seaport District on Friday as part of a pilot program to make the fast-changing neighborhood more navigable to pedestrians and out-of-town visitors. The first phase includes signs designed to help pedestrians find their way from the Boston Convention and Exhibition Center to neighborhood landmarks such as the Fan Pier, Liberty Wharf and South Station.”

You can read more on the new Seaport signage on B&T.

0 Seaport Traffic Relief Sought

The Seaport snarl of traffic is about to get some trialed relief.  The bypass road will be opened to general traffic for a six-month trial.

map of proposed Seaport Traffic changes

Credit: Boston Globe

From the Boston Globe:

The biggest change begins Monday, when officials will open up a long stretch of the South Boston Bypass Road to all cars as part of a six-month pilot program. The street, created in 1993 for truck traffic from the Big Dig construction project, has been open only to commercial vehicles.

Cars will now be allowed to drive on the portion of the bypass near the convention center at any time, and on the eastbound section from Interstate 93 to Richards Street during the 6 a.m. to 10 a.m. rush hour.

Officials will also allow all passenger cars to travel on the barely-used High Occupancy Vehicle ramp on the northbound side of I-93 near downtown Boston, which brings traffic directly to the Ted Williams Tunnel, removing some airport-bound traffic from local streets.

 

0 Northern Avenue Bridge will be Restored for Motor Vehicle Traffic

northern avg bridge leads to seaport office buildings in Boston

Credit: B&T

The Northern Avenue bridge built in 1908 is recommended to get another lease on life.  The bridge is one of the last remaining swing bridges in New England and is an engineering marvel to watch when it’s in motion.

The bridge was not only designed for pedestrians and cars, but also the Union Freight Railroad.

A study on the Seaport, referenced in Banker&Tradesman, cites the following:

The overall volume of commutes into the Seaport will increase 63 percent by 2035…The study committee’s consensus: restoring the three-lane bridge, with one lane dedicated for motor vehicles. Pedestrian and bicycle access also would be preserved.

“There was some concern in the pedestrian and bicycling community about opening it up to traffic,” said Rick Dimino, CEO of Boston-based planning organization A Better City Inc. “But at the end of the day, there was pretty substantial support that the bridge needs to be opened up to traffic again.”

 

0 Who’s Going to Fund the Northern Avenue Bridge Renovations?

South Boston, Seaport Northern ave bridge

Credit: Banker&Tradesman

Should the bridge be used by developers or not?  Well, they might not actually cross it, but fund the renovations for it.  Why you ask, zoning relief.

From Banker&Tradesman:

An advisory group of stakeholders – ranging from walking and bicycling advocates to preservationists and Seaport businesses – has discussed a public-private partnership as a funding source, said member Greg Galer, executive director of the Boston Preservation Alliance…The group has been meeting since December and will submit a recommendation to Walsh as soon as next month.

“There’s benefits to the development community from this bridge,” Galer said. “You see all of the complaints from their employees who work over the bridge, and the neighborhood constituents such as the Barking Crab (restaurant) and Hook Lobster properties.”

 

0 Fort Point Drinks and Dining Reference: Top Spots to Hit After Work

Best eats in the Seaport/Innovation/Fort Point area of Boston for startups.  What does where you dine say about where you work? Bostinno.Streetwise.co has put together a handy reference to reflect the “favorite spots to hit after a long at the office” in the Fort Point neighborhood.

Seaport Boston

Credit: Bostinno.Streetwise.co

The article includes the following venues, and is available on the Bostinno website:

  • Tavern Road, 343 Congress Street
  • Bastille Kitchen, 49 Melcher Street
  • Blue Dragon, 324 A Street
  • Barlow’s, 241 A Street
  • Lucky’s Lounge, 355 Congress Street
  • Row 34, 383 Congress St

 

0 Northern Avenue Bridge Closure Impacting Local Businesses

View of the northern avenue bridge in Boston illuminated by purple lights at night

Credit: The Boston Globe

How do you get from the Financial District to the Seaport?  This question sounds simple enough; drive, public transit or walk.  All three have their challenges and with the closure of the Northern Avenue bridge, some pedestrians and business are feeling the pinch.

A recent Boston Globe article assessed the impact the bridge closing is having on local businesses:

“The short answer is yes, it has,” says Alex Blake, director of operations at The Barking Crab, when asked if the closure of the footbridge has affected business. “Our pedestrian business. The Northern Avenue Bridge was an easier bridge to cross than the Moakley Bridge is. We are more difficult to find, because the Northern Ave. Bridge would drop people right off at our front door.”

You can read the full article on the Boston Globe’s website.

0 New Boston Design Center Showrooms Open

Boston design center in seaport

Credit: B&T

After completing $13 million in renovations, Jamestown is proud to announce some new tenants in the Design Center.

From Banker & Tradesman:

Jamestown, a real estate investment and development company headquartered in Atlanta, leases the 550,000-square-foot complex in the 1.4-million-square-foot Innovation and Design Building complex from the city of Boston. The complex contains 550,000 square feet dedicated to luxury home furnishing showrooms along with office and innovation space...Jamestown recently completed more than $13 million in interior renovations at the center, the first major physical updates since it opened in 1985. The project included renovations of the lobby, common spaces and seminar room and new finishes and furniture from design center tenants.

0 Seaport Growth Necessitates Transit Overhaul

Silverline T in Boston

Credit: Banker and Tradesman

The fast growing market is the Seaport of Boston.  The growth has put a tremendous squeeze on all aspects that connect that part of the city to its surrounding areas and the city is looking at a variety of solutions to ease the commuter pain.  This would range from the haul road, ferry service and Silver line.  This by no means will happen overnight, but at least it is getting the attention it requires.

Banker and Tradesman outlines the immediate actions recommended within [the next] six months:

• Expand use of the Bypass Road to all vehicles from Richards Street to West Service Road full-time and from I-93 to Richards Street eastbound during the morning rush hour.
• Allow all vehicles to use the northbound HOV lane from I-93 to the Ted Williams Tunnel.
• Speed up the Silver Line by giving it signal priority at the D Street intersection and add real-time arrival information for passengers.
• Install new Hubway bike sharing stations at Thomson Place, the Gillette Co. and Channel Center.
• Consolidate corporate shuttle bus services along A Street.

You can read the full B&T article on its website, here.

0 Seaport District, Fort Point Channel Thriving

seaport office space

Credit: Bostonsf

The Seaport continues to show the market that it’s going to remain a dominate force in the Boston office market.  Rents are up, vacancy is down and demand is strong.  The challenge is the only new construction is Class A, so if you are seeking updated brick-and-bean, wait in line or be prepared to pay for it.

Alternatives that trade about $8 – $12 per square below would be Boston’s Financial District or the Leather District.

Indicative of the Seaport neighborhood’s appeal, BostonSF.com reports HFF recently closed a “$105.625 million sale of 3-building office portfolio Boston’s Seaport District…HFF announced that it has closed sale of three best-in-class, creative office assets totaling 221,064 square feet and 35 parking spaces.”

You can read more about the significant, three-building office space sale in the Seaport on Bostonsf.com.