Credit: Boston Globe
The Seaport has evolved as a live, work and play destination recent years and WS has an interesting spin on, Harbor Way.
From the Boston Globe:
Seaport Square is a 23-acre parcel that stretches from Northern Avenue to Summer Street and represents the last chance for the district to save itself from becoming a sea of generic office and condo buildings and a playground for those who can only afford it.
WS thinks Boston’s answer to Manhattan’s High Line is the Harbor Way, a tree-lined pedestrian promenade that will connect Summer Street to the water’s edge by Fan Pier. The thoroughfare will extend a third of a mile through Seaport Square and hook up with the HarborWalk in an attempt to finally make the Seaport District pedestrian friendly.
Credit: Boston Magazine
Roof decks are on office tenants’ list of top 10 of amenities. When thinking about your next office space, consider these 5 roof decks with amazing views, courtesy of Boston Magazine.
Image Credit: Boston Globe
Joe Fallon’s 100 Northern Ave. in the Seaport is preparing for a launch party different then we have seen before: vertical dance. Boston’s Seaport is one of the country’s hottest submarkets with office tower trades in excess of $1,000 per square foot and the new world headquarters to GE.
According to the Boston Globe, “the vertical dance group Bandaloop rehearsed its creative moves from the 17th floor of the new building on 100 Northern Ave. on Tuesday…The pioneering vertical dance company is making a rare appearance in Boston to commemorate The Fallon Company’s latest development milestone: The 534,000-square-foot, 17-story commercial building. It’s the fifth building to be completed at the vibrant, mixed-use Fan Pier neighborhood and is set against the backdrop of Boston’s cityscape and Boston Harbor.”
You can read the full article on the Globe’s website.
Credit: Banker & Tradesman
Movies, bowling and fitness are on their way to the Seaport. The Seaport transformation continues to evolve as more neighborhoods amenities are added, along with the designation of Seaport Square.
“Seaport Square master developer Boston Global Investors and Morgan Stanley acquired the 23-acre parcels, most covered with surface parking, from News Corp. in 2006. The full buildout would contain enough space to fill more than five Prudential Towers…The next phase will be a 450,000-square-foot office building on the parcel directly east of One Seaport Square. The site is currently occupied by Our Lady of Good Voyage chapel, which will be relocated to 51 Seaport Boulevard. Hynes said the office building could be built on speculation beginning in 2016.”
Credit: Boston Business Journal
2013 was a big year for construction starts in the city of Boston. Will 2014 be the same as projected? Will construction commence above the Turnpike?
The Boston Business Journal posted a robust review of the top development projects in Boston over the course of the previous year. Among its findings:
One of the biggest events of the year saw construction crews returning to the former Filene’s site in Downtown Crossing…But Filene’s was not the only major development to see construction crews: Across town in Brighton, New Balance began work to convert a previously shuttered manufacturing plant into a new facility; in Westwood, a new team took over the stalled Westwood Station project and now promise to deliver on 2 million feet of mixed-use development along Route 128; in Chinatown, a section of the neighborhood that decades ago was taken to build the Southeast Expressway is now home to construction of a 21-story tower that will provide much needed affordable housing; and in the Seaport District, Skanska got underway with the first office for Seaport Square.
The complete article is available on the BBJ website, here.
Image Credit: Banker & Tradesman
If you come we will build it for you! That is what Skanska USA Commercial Development agreed to do for PwC. This is usually how new projects get in the ground, most developers and landlords would prefer not to build on spec, but that model has shifted in the very recent past due to the lack of inventory and increased rents most notably in the Seaport District.
According to Banker & Tradesman, “PricewaterhouseCoopers has signed a 15-year lease to occupy the majority of a planned office tower in Boston’s Seaport District. Inking a deal with the accounting firm gave Skanska USA Commercial Development the anchor tenant it needed to begin construction on the 440,000-square-foot tower at the southeast corner of Seaport Boulevard and Boston Wharf Road.”
The complete article is available on Banker & Trademan’s website.
Photo Credit: InnovationDistrict.org
Rents continue to rise, but with that comes landlords willing to build new buildings. Office rents have continued up quarter over quarter within the Seaport and Innovation District. However, according to an article in The Boston Globe, “accounting giant PricewaterhouseCoopers LLP is negotiating to occupy a 16-story building that would be built along Seaport Boulevard.”
The complete article is available to all readers on The Boston Globe website: PWHC to Lease Office Space in Innovation District
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Photo Credit: Elkus Manfredi Architects (via Boston Globe)
The Boston Seaport, one of the hottest office markets nationally, continues its transformation with plans to build a pair of 22-story towers on Seaport Boulevard.
The Boston Globe posted an article earlier this morning, revealing, “a deal is emerging to build one of the South Boston Waterfront’s largest developments: a pair of 22-story towers on Seaport Boulevard that would include up to 800 apartments and a 300,000-square-foot retail and entertainment complex. The towers would be among the first major buildings at the long-planned Seaport Square project, a 23-acre complex that would eventually replace the district’s sea of parking lots with residences, office buildings, stores, restaurants, and public parks.”
The Boston Globe’s website offers additional details on the Seaport Square Project.
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