0 Northern Avenue Bridge Renovation Billed as ‘Postcard for Boston’

Seaport Bridge on Northern Ave

Credit: Boston Globe

Boston Seaport continues to be a destination for those who want to live, work and play in Boston’s newest neighborhood. The result of this influx has been traffic and headache. The Northern Avenue Bridge rehab won’t reduce traffic, but it will add a vibrant pedestrian connection back to the Financial District.

According to the Boston Globe, “the City of Boston has come up with this concept: an elevated, steel-truss bridge with dedicated lanes for pedestrians, bicyclists, and cars. The fixed span could be covered, and piers could be built to extend over the water. Cafes, shops, and public art could also line the bridge.”

‘It has the potential of being one of those places that serves as a postcard for Boston,’ said Rick Dimino, the president of A Better City, a Boston business group, and chair of the city’s advisory task force on the bridge.

The full Globe article is available on its website, here.






0 Globe Photographer Captures Evolution of Boston Waterfront, Seaport

121 Seaport development

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.

0 Uber Moving to North Station Area of Boston

uber bostonUber is on the move and headed for new digs in the North Station area of Boston.  The North Station office market still reigns as a value option compared with Back Bay and the Seaport.

The Boston Herald describes the scale of Uber’s new space at 239 Causeway St., noting “The 17,494-square-foot office is nearly three times the size of the company’s current office near South Station, and comes with an option to expand to another floor in the future.”

Rents in the Class B market can range from the low to mid $30’s PSF.

0 Demand Grows for Office Tower at Seaport’s Pier 4

Pier 4 Seaport low for Office Tower

Credit: Boston Herald

Will the Seaport see a new tower in the near future? Office demand is strong and New England Development is looking to accommodate.

According to a recent Boston Herald article, “strong demand for new Seaport District office space has prompted New England Development to settle on an office tower for the second phase of its 1 million-square-foot, mixed-use Pier 4 project.”

The full article is available here: Boston Herald real estate

0 Mayor Menino’s Departure to Impact Boston Real Estate

Credit: Twitter.com @mayortommenino

Should we expect the new mayor of Boston address commercial development differently in the city? YES. We can agree or disagree with Mayor Menino, but change is coming.

The Boston Business Journal alluded to the prospective impact of Mayor Thomas M. Menino’s departure on the Boston real estate market:

“developers are salivating at the prospect that a new mayor will jump-start stalled projects that have been shunned by Mayor Thomas M. Menino…a handful of proposed commercial real estate projects have faced roadblocks at City Hall…But all that could change in January when Menino retires, a move that could also lead to changes at the top of the Boston Redevelopment Authority.”

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

0 Law Firm, Goodwin Procter, Moves Offices to Boston Waterfront

Boston waterfront office space at fan pier

Photo: Original image Boston Business Journal; Illustration by BRA

Why do companies go through all the trouble of moving?  Many reasons, but that two that stand out are the opportunity to design space that reflects the company’s vision today, and the second is economics.

The design of office space today, compared with 10 years ago, show an evolution to more efficient layouts that incorporate green technology. The financial side is comprised of many factors that can range from rent abatement, tenant improvement dollars, base year expenses and the price per square foot.

The Boston Business Journal on December 21, 2012, reported that “Goodwin Procter signed a letter of intent this week to lease 360,000 square feet in an office building to be built next to the Institute of Contemporary Art in on the South Boston waterfront that Mayor Thomas M. Menino has dubbed the Innovation District. The firm would move 860 attorneys and support staffers to the new building, which would also include a 135-room hotel and retail space.”

The complete article, Goodwin Procter to Waterfront, is available on the Boston Business Journal’s website.

Related Commercial Listings
Office space for lease near the Boston Waterfront

0 Commercial Buildings in Boston Harbor Face Height Limits

boston waterfront office space building at nightHow high will Boston rise above the waterfront?  That is the question for soon to be hired $300,000 consultant by The Boston Redevelopment Authority.

Reporting on the development study, The Boston Herald cautioned that “downtown waterfront property owners face a wave of scrutiny as Hub planners launch a lengthy study that will influence their development ambitions and outline potential public benefits.”

For additional details on the study, read the full report on The Boston Herald.

Related Property Listings
Office Space in Boston’s Waterfront District

Boston Commercial Real Estate