Top Boston-Area Developments and New-Construction Buildings of October 2017
Update
11/13/17
Below are BLDUP's most active* Boston-area real estate developments and new-construction buildings of October 2017.
*Most active based on our database activity.
Boston – Allston
Opens Fall 2018
Type: Housing
Cost: $7.2 million
Square Feet: 41,053
Height: 6 stories
Address: 20 Penniman Road, Allston, Boston, MA
New-construction condominium building in Allston featuring 36 high-end residences. Sales of Penniman on the Park residences began in late October 2017 starting at $500,000. Located steps from the new Boston Landing MBTA commuter rail station, Penniman on the Park will feature garage parking, elevator access and a gorgeous finish palette featuring wood flooring and designer-level kitchen, bath and lighting finishes such as custom cabinetry, quartz countertops and high-end Jenn Air appliances. Penniman on the Park is expected to open in Fall 2018. Learn more >>>
Boston – Charlestown
Now Open
Type: Office
Square Feet: 180,000
Height: 3 stories
Address: 1 Constitution Road, Charlestown, Boston, MA
Newly renovated 180,000-square-foot creative Boston waterfront office building now leasing. Constitution Wharf’s common spaces include a lounge, a cafe, a fitness area and a revolutionary outdoor work & social room featuring an oversized media screen, creative seating, interactive event space, a fire pit and sweeping Boston Harbor views. In late August 2017, online shoe shopping destination Shoes.com opened its’ new 31,300-square-foot headquarters at Constitution Wharf. Shoes.com’s headquarters takes full advantage of Constitution Wharf’s unparalleled waterfront location, with oversized windows overlooking Boston Harbor and a dedicated rooftop patio featuring sweeping views of the Boston skyline. Learn more >>>
Boston – Bulfinch Triangle
Type: Hotel, Housing, Office, Retail
Cost: $950 million
Square Feet: 1.87 million
Height: 38 stories / 498 feet
Address: 100 Causeway Street, Bulfinch Triangle, Boston, MA
The Hub on Causeway is a 1.87-million-square-foot mixed-use development featuring three towers with retail, office, hotel and residential uses. Construction of the project will come in three phases, with the first, consisting of 175,000 square feet of creative office space, 210,000 square feet of multi-level retail/restaurant space, 64,000 square feet of TD Garden expansion space, 10,000 square feet of outdoor space and 540 new underground parking spaces, expected to be completed in late 2018. Phase Two will consist of a 38-story residential tower with about 440 units and a 10-story hotel tower with approximately 260 rooms, while Phase Three calls for a 21-story, 525,000-square-foot office tower. Big Night Entertainment Group and Live Nation New England signed a 31,680-square-foot lease this past August to create a new entertainment venue in the Phase One building featuring a nightclub, a restaurant, a concert venue and bowling. Learn more >>>
Boston – Seaport District
Opened Summer 2017
Type: Housing, Retail
Cost: $650 million
Square Feet: 1.5 million
Heights: 22 stories (The Benjamin); 20 stories (VIA)
Addresses: The Benjamin – 25 Northern Avenue, Seaport District, Boston, MA; VIA – 5 Fan Pier Boulevard, Seaport District, Boston, MA
The Benjamin & VIA features 1.5 million square feet of residential and retail space across 3 acres, making it Boston’s largest mixed-use project in over 30 years. Located in the heart of the Seaport District, the luxurious, LEED Silver-certified buildings feature sweeping views of the Boston skyline and Boston Harbor. The Benjamin offers 354 modern apartments, including ultra-luxurious penthouses with private balconies on floors 17-22, with amenities such as two outdoor terraces including a pool terrace overlooking Fort Point Channel. VIA offers 478 apartments geared towards flexible lifestyles with amenities such as work pods and a spacious outdoor terrace. 250,000 square feet of retail are spread across both buildings’ first three stories, with retail such as an Equinox fitness club, Seaport Barbers, The Grand nightclub and Mexican cantina bar and restaurant Scorpion Bar & Restaurant now open. Learn more >>>
Boston – Financial District
Type: Hotel, Housing, Office, Retail
Square Feet: 458,300
Height: 14 stories / 175 feet
Address: 40 Water Street, Financial District, Boston, MA
Congress Square is a 458,300-square-foot mixed-use development featuring state-of-the-art hotel, office, residential and retail space located in the heart of Downtown Boston overlooking Post Office Square. The project, which has already begun construction, will result in the restoration of five historic buildings and an additional 92,700 square feet of new construction. In total, Congress Square will feature 284,600 square feet of office space, including a 200,000-square-foot joint headquarters for advertising agencies DigitasLBi and Publicis.Sapient, an 85,700-square-foot Hyatt Centric boutique hotel, 51,350 square feet of residential space and 36,650 square feet of retail space. The Congress Square office building’s vertical addition topped off in October, and vertical construction began of the hotel’s new-construction addition. Completion of the office building and hotel is expected in the second quarter of 2018. Learn more >>>
Dorchester – Boston
Type: Industrial, Office, Retail
Square Feet: 690,000
Height: 3 stories
Address: 135 Morrissey Boulevard, Dorchester, Boston, MA
Developer Nordblom Company, who has an agreement in place to acquire the 16.5-acre former Boston Globe headquarters at 135 Morrissey Boulevard in Dorchester, plans to transform the existing three-story building into a hub for high-tech jobs. Existing structures would be retrofitted for new uses including large labs and offices for robotics, life sciences and high tech manufacturing. A portion of the property would become a micro craft brewery with a food component. Learn more >>>
Boston – Financial District
Type: Office, Retail
Cost: $250 million
Square Feet: 972,000
Height: 41 stories
Address: One Post Office Square, Financial District, Boston, MA
Developers Anchor Line Partners and JLL propose to reposition and expand the aging 41-story One Post Office Square office tower overlooking Norman Leventhal Park in Boston’s Financial District, giving the tower a striking new glass facade and constructing additions totaling 140,000 square feet of new space. The $250 million project, designed by Gensler, would start construction in the third quarter of 2018, following anchor tenant Putnam Investments’ move from 300,000 square feet at One Post Office Square to 250,000 square feet at nearby 100 Federal Street. Learn more >>>
8. Columbia Point Mixed-Use Development
Boston – Dorchester
Address: 200 Mount Vernon Street, Dorchester, Boston, MA
UMass Boston received 16 responses in October to its’ Request For Information (RFI) from prospective developers seeking to transform the 20-acre former Bayside Expo Center site, located on the Columbia Point waterfront in Dorchester, into a “modern-day Harvard Square” through a public-private partnership. With the RFI process complete, a Request for Proposals (RFP) will now be issued for the 20-acre site. Learn more >>>
Cambridge – East Cambridge
Opens Q2 2019
Type: Housing, Office, Restaurant, Retail
Square Feet: 4.5 million
In late October 2017, DivcoWest, who acquired the 45-acre NorthPoint development site in East Cambridge for $291 million in August 2015, rechristened the project Cambridge Crossing. DivcoWest will construct 4.5 million square feet at Cambridge Crossing in the coming years with a mix of uses. In total, Cambridge Crossing will feature 2.1 million square feet of state-of-the-art science and technology-geared office space, 2.4 million square feet of residential space with 2,400 residential units, 100,000 square feet of retail and over 11 acres of urban green space located steps from science and technology hotbed Kendall Square. The first buildings at Cambridge Crossing, a 430,000-square-foot science and technology building with ground-floor retail and retail structures totaling 15,000 square feet, are expected to be ready for occupancy in the second quarter of 2019. Learn more >>>
Cambridge – North Point
Opens August 2019
Type: Housing, Office, Retail
Square Feet: 300,000
Height: 12 stories
Address: 10 North Point Boulevard, North Point, Cambridge, MA
Education First (EF) broke ground in early October on a new 12-story, 300,000-square-foot mixed-use building adjacent to its’ existing campus in East Cambridge’s NorthPoint neighborhood. The building will contain approximately 278 units with 500 beds across the top seven floors, 22,754 square feet of office space, 14,566 square feet of student cafeteria and restaurant space with approximately 400 seats and 13,873 square feet of student lounge and administrative space. The building will provide EF and its’ Hult International Business School with their first on-campus housing option, allowing the institutions to expand their North American operations. Learn more >>>
