Tag Archives: Back Bay office developments

0 John Hancock II Planned for 380 Stuart Street in Back Bay

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rendering of new john hancock_tower at 380 Stuart Street

Credit: Boston Business Journal

The John Hancock tower Version 2.0 is being planned for 380 Stuart Street in Back Bay.

An article on the BBJ outlines the “six things you need to know about the tower proposal;” here are a few excerpts from the Boston Business Journal’s report:

  • What’s being proposed: A 625,000-square-foot, 26-story tower with street-level retail and cafe space and 175 underground parking spaces. The tower would top out at 380 feet.

  • Where would the tower go: 380 Stuart St., which is home to a nine-story, 140,000-square-foot office that dates back to 1924 and houses John Hancock Financial Services employees.

  • Who would go in: John Hancock envisions “owner-occupancy and commercial office” tenants using the space.

  • How would it be financed: John Hancock, which is a wholly owned subsidiary of Canadian financial services firm Manulife Financial (NYSE: MFC), would finance the building in its entirety.

  • Who’s leading development:Colliers International is the project manager representing John Hancock. The architects are Chicago-based Skidmore Owings Merrill and Boston-based CBT Architects.

  • What’s the project timeline: If approved, construction would start in late 2016, and the tower would be complete in early 2019.

 

0 Proposals Submitted for Parcel 13 Over Mass Pike in Back Bay

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Credit: The Boston Globe

One thing that we truly aren’t making more of is real estate.  The recent focus is Back Bay at the intersection of Mass Ave and Boylston Street above the Pike; will this become the next hot development site?  Parcel 13 is getting a lot of attention and the stars might be aligning for building above the Pike.

The Boston Globe reports, “three companies on Friday submitted proposals to build large complexes on the 50,000-square-foot lot, across from the Hynes Convention Center. The pitches include a curvy, 11-story building with residences, a hotel, and stores, as well as a 21-story complex with shops and 350 apartments…The Massachusetts Department of Transportation will select a winner in the coming months. The redevelopment would create a new entrance to the Back Bay and help enliven a disjointed section of the otherwise bustling neighborhood.”

You can read more on the contest and proposals for Parcel 13 on The Boston Globe.