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Totals

Total Square Footage 1,825,000
Total Dollar Volume $1,465,000,000.00

General

Established 1994
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Partners HealthCare is an integrated health care system, founded by Brigham and Women’s Hospital and Massachusetts General Hospital, that offers patients a continuum of coordinated and high-quality care. In addition to its two academic medical centers, the Partners system includes community and specialty hospitals, a managed care organization, a physician network, community health centers, home health and long-term care services, and other health care entities. Partners HealthCare is committed to patient care, research, teaching, and service to the community. Partners is one of the nation’s leading biomedical research organizations and several Partners hospitals are principal teaching affiliates of Harvard Medical School. Partners HealthCare is a non-profit organization.

Updates

MGH Expansion Project
- Feb 20, 2019

MGH Expansion Project Under Official Review MGH's proposed expansion project at 555 Fruit Street is now under official review. The proposed Clinical Building will include approximately 1,035,000 square feet of gross floor area in approximately 12 above grade stories. The Clinical Building will flank both sides of North Anderson Street, which is proposed to be realigned, with connections above and below the street. The Proponent is also studying the abandonment of North Anderson Street which would allow for a consistent activated street edge along Cambridge Street and associated changes to Main Campus access and circulation. The Campus Services Building will be a seven-story (with two stories below grade) structure of approximately 81,000 square feet, which will be erected on the site north of Parkman Street. The Campus Services Building will contain approximately 29,500 square feet of administrative space, approximately 29,500 square feet of mechanical space, and approximately 22,000 square feet of support services space. The existing loading dock and trash compactors will continue to be on the ground floor of the Campus Services Building.  


MGH Expansion Project
- Jan 23, 2019

MGH Announces $1 Billion Expansion Massachusetts General Hospital has announced it will spend more than $1 billion to expand its Boston campus to accommodate growing capacity needs.  MGH president Peter Slavin announced MGH plans to build a 12-story building for 450 single-bed rooms housed in a pair of connected towers. The new building will be a “much-needed, vital structure that will enable the MGH to deliver 21st-century care in a 21st-century environment,” Slavin said. The new additions will be located entirely within MGH’s current campus, with a facade along Cambridge Street, extending from North Grove Street (the main hospital entrance) to Blossom Street and going back to Parkman Street. Single-bed rooms are the national standard of care for new hospital construction as they offer privacy, space for families, and a quiet environment for patients to recover. Currently, 38 percent of MGH’s beds are in single rooms, which Slavin said is “far less than most other hospitals in Boston and lagging well behind national peer institutions.” MGH, which is owned by Partners Healthcare, will file a letter of intent with city planners at the Boston Planning & Development Agency today. The hospital’s major development project is slated to start in 2020 and completed by 2026, Slavin wrote in his email. “It’s important that our hospitals are making the improvements needed to keep Boston at the global forefront of health care,” Boston Mayor Martin J. Walsh said in a statement to the Herald. “We look forward to closely reviewing Mass General Hospital’s proposal once it is filed and beginning the comprehensive public process with input from the community.” Below the building will be six levels of underground parking that can accommodate more than 1,000 vehicles, Slavin said, replacing the spaces from the hospital’s Parkman Garage. Several MGH buildings will be demolished and redeveloped. via Boston Globe


Partners Healthcare at Assembly Row
- Aug 11, 2016

Federal Realty acquires retail component of Partners HealthCare Assembly Row headquarters for over $25 million This past Tuesday (August 9th, 2016), Partners HealthCare (Partners) transferred ownership of the 100,000 square foot ground-floor retail component of Partners' new 13-story, 825,000 square foot Assembly Row headquarters building to Federal Realty Investment Trust (FRIT) for just over $25 million as recorded in the Middlesex County Registry of Deeds; the exact sale price was $25,172,396. FRIT will manage the building's retail space. FRIT is the proponent of Somerville's $1.2 billion, 56-acre Assembly Row development project of which Partners' new headquarters building is a component. Approximately 400 Partners employees moved into the new headquarters this summer on June 13th, 2016. Partners' headquarters are located next to the Assembly Row station on the MBTA Orange Line with direct service to Downtown Boston. The following is the deed for the ownership transfer of Partners' headquarters' ground-floor retail component to Federal Realty:    


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Projects

MGH Expansion Project
Partners Healthcare at Assembly Row