Jun 14, 2019
Dock Square Garage Addition Approved
The ten-level addition to the existing Dock Square garage has been approved by the BPDA. The addition will include 195 residential units along with private open space at the center of the 9th floor. While the project will reduce the current 698 publicly available garage parking spaces to 682 spaces, the redesign includes new valet services and mechanical lifts. In addition, the brick façade of the existing garage will be re-clad along its entire perimeter to create a warm-colored building base that fits into the context of the neighborhood. Once construction begins it is expected to last around 24 months.
Jun 13, 2019
Cambridge Discovery Park Building 400-500 Will be New Headquarters for FogPharma and LifeMine Therapeutics
The Bulfinch Companies, Inc., announced it has signed a 114,490 SF lease with FogPharma in building 400 at Cambridge Discovery Park (CDP). The lease marks the first signed tenant for Bulfinch’s new 400-500 property, a world class 280,000 SF Class A lab, R&D and office development. Peter Bekarian, Managing Director at Jones Lang LaSalle served as the broker on behalf of Bulfinch, and Evan Gallagher, Senior Vice President at Colliers International represented the tenant.
CDP towers 400 and 500 are state-of-the-art, LEED Gold buildings designed by Stantec, and located in an opportunity zone. The building was topped off in April 2019 and is set to deliver Q1 2020, with John Moriarty & Associates serving as General Contractor. The property includes unobstructed views of Boston, a connector on the third through sixth floors over the private Discovery Way Drive, two distinct lobbies and ground floor amenities including a café, fitness center, floor-to-ceiling windows, and energy efficient systems. Situated in Alewife’s life science cluster, CDP has emerged as a desirable alternative to East Cambridge’s low vacancy constraints offering ample space for innovators in Boston’s life science hub.
“We are thrilled that FogPharma has chosen to remain at CDP and expand in Building 400-500,” said Mike Wilcox, SVP, Director of Leasing at Bulfinch. “Bulfinch has enjoyed a close-working relationship with FogPharma for several years and looks forward to continued success for years to come. CDP provides an ideal location with flexibility for tenants to grow and expand their research long-term in a premier life science campus in Cambridge.”
As a current tenant in a 22,442 SF space in Building 100 at CDP, FogPharma has leased all six floors of Building 400 with a phased move-in set to begin in January 2020. FogPharma will have an exclusive lobby in Building 400, exterior signage and branding rights to the building. FogPharma recognized the advantages of both location and amenities at CDP, electing to move into Building 400 to accommodate the company’s recent, expansive growth. For the first 3-5 years of the lease, FogPharma plans to sublet roughly half of its space in Building 400 to its sister company, LifeMine Therapeutics.
“FogPharma and LifeMine have grown in leaps and bounds since their operational start-up in 2016 and 2017, respectively. Our remarkable scientific progress demands continued aggressive growth to efficiently develop our pipeline of cell-penetrating miniproteins that engage the most intractable of disease targets,” said Greg Verdine Ph.D, President and CEO, FogPharma and LifeMine Therapeutics. “Fortunately, FogPharma and LifeMine are in a financial position to support our ambitious plans. It is both our pleasure and privilege to partner with Bulfinch once again to dramatically expand our presence in Cambridge Discovery Park, and together, foster the emergence of a vibrant biotech ecosystem in West Cambridge.”
As the third largest campus in Cambridge behind Harvard and MIT, CDP offers a number of sustainable perks, including the surrounding Alewife Brook Reservation with 27 acres of walking trails and green space. While set in a natural location, CDP is easily accessible by foot or a short five-minute shuttle ride from the Alewife MBTA Red Line Station, directly off Route 2 and nine minutes from Route 128. CDP offers a 150-room AC Hotel Boston Cambridge with conference center, restaurant, bar and two 650-car covered parking garages. Other amenities at CDP include outdoor seating and dining areas, a full-service yoga and fitness center, an on-site café, multiple bike racks with a bike storage room, bike sharing, ATM banking, electric car charging stations and a new riverfront park with water sculpture. Two luxury residential developments are also under construction adjacent to CDP – Vox on 2 and the Residences at Alewife.
Notable tenants currently leasing in other CDP buildings include Forrester Research, Genocea Biosciences, Inc. and The Smithsonian Astrophysical Observatory.
Citizens Commercial Real Estate Finance team is leading the construction loan for CDP Building 400-500 as the lead arranger and administrative agent. Bulfinch has worked closely with Citizens for more than a decade and looks forward to expanding the relationship in the years ahead.
May 23, 2019
Foundation Work Started for Hilton Hotel at South Bay Center
Foundation work has started for the upcoming Hilton Hotel as part of the South Bay Center's redevelopment. The extended stay hotel will feature 130 rooms along with parking for 77 cars. Construction on the hotel is set to be complete in 2020.
May 17, 2019
Exterior Work Wrapping up for 2 Brookline Place
Curtain wall and terracotta install are wrapping up for Boston Children's Hospital's new 182,500-square-foot building at 2 Brookline Place. Roofing and mechanical work at the penthouse level area also ongoing. 2 Brookline Place will feature medical office space, ambulatory care along with ground floor retail. Construction on the core and shell is expected to wrap up in October with tenant fitout to follow.
Next door at 1 Brookline Place, work is nearly complete for the expansion of the existing building with final painting and connection and testing of MEP controls wrapping up.
May 13, 2019
Preleasing Begins for NEMA Boston
With construction nearly complete on the building's exterior, preleasing efforts have begun for NEMA Boston, at 399 Congress Street in the Seaport. NEMA Boston's 414 apartments will be smart home ready and feature luxury finishes including Lutron Caseta, Caesarstone kitchen countertops, and Bosch and Blombert stainless appliances.
Resident amenities will span the top floor of the tower and include a heated skyline pool, fitness center, and game, and media lounges. The first units in the project are expected to welcome residents this fall.
Apr 15, 2019
Modular Boxes in Place for 28 Austin Street in Newton
Over 100 modular boxes are in place for the residential portion of the 28 Austin Street development in Newtonville. The development will feature 68 mixed-income residences along with 5,000 square feet of retail space. Unit sizes will range in size from one to two bedrooms and resident amenities will include a common roof terrace and garden. A public plaza will also be built on site along with 123 public parking spaces at ground level and 90 new spaces below grade.
Apr 09, 2019
Yotel Boston Refinanced for $78.367 Million
Yotel Boston has been refinanced via Bank of America for $78.367 million.
Boston's first Yotel in the Seaport District features 326 "cabins," approximately 180 square foot rooms positioned as an affordable option for business travelers. All cabins feature signature Yotel adjustable SmartBeds with luxury bedding, rejuvenating monsoon rain showers, relaxing adjustable mood lighting, many power connectivity ports and smart TVs connectable to guests' mobile devices. "Super-fast" Wi-Fi internet is available throughout the building.
Apr 09, 2019
Cambridge Discovery Park's Newest Addition Tops Off
Construction is well underway on Building 400-500 a new 270,000-square-foot Class A lab, R&D and office development in Cambridge Discovery Park as the building topped off earlier this week. The project, just around the corner from Alewife Station will feature two distinct interconnected lobbies featuring a café and fitness center. There will also be parking adjacent to the building for 380 vehicles. Construction is set to be complete at the end of the year.
Apr 05, 2019
Interior Fit-out Ongoing for 145 Broadway in Kendall Square
With the high-performance curtain wall of painted aluminum and Low-E insulated glass panels in place, interior fit-out is ongoing for Akamai Technologies headquarters at 145 Broadway in Kendall Square. The 19-story tower will allow Akamai to consolidate its local workforce while accommodating future hires. Work is also ongoing to complete the ground floor spaces which will activate this corner of Kendall Square and create a public plaza. Construction is expected to wrap up later this year.
Mar 29, 2019
The BEAT Secures $252.74 Million in Financing
The BEAT in Dorchester has secured $252,747,880 in financing via Oaktree Capital.
The project calls for the repositioning of the 16.6-acre former Boston Globe headquarters at 135 Morrissey Boulevard in Dorchester. The existing three-story office and an industrial building will be retained and retrofitted into a 695,000-square-foot modern hub for creative office, laboratory and retail uses dubbed The BEAT. The project would create spaces to stimulate growth in fields such as robotics, life sciences, and high-tech manufacturing.
Mar 04, 2019
NEMA Boston Facade Nearing Completion
Construction is fast progressing for NEMA Boston, at 399 Congress Street in the Seaport. Window and facade install is nearly complete, showcasing the mix of textures that will cover the 21 story tower. The development will include 414 units, 63 of which will be designated as affordable. NEMA Boston will offer an array of resident amenities housed on the building's top floor.
NEMA Boston is expected to welcome its first residents this fall.
Feb 20, 2019
With Modular Boxes Set in Place, Austin Street Mixed-Use Development Moves Forward
GreenStaxx’ latest modular building has begun to take shape as the installation of the 102 modular “boxes” that will form the residential portion of 28 Austin Street is well underway.
28 Austin Street is a four-story mixed-use development comprised of 68 one and two-bedroom apartments and 5,000 square feet of ground floor retail located in the village of Newtonville. The project is being developed by Austin Street Partners, a joint venture between GreenStaxx (formerly Oaktree Development), an award-winning developer of transit-oriented, mixed-use, multifamily developments, and Dinosaur Capital Partners, the Boston-based real estate developer and investor. The project will also feature a beautifully landscaped public plaza with trees and plantings, a fountain designed by renowned Newton sculptor Nancy Schon and outdoor seating. Twenty-three of the apartments (1/3 of the total project) have been designated as affordable.
Designed by Stantec, the project is being built using GreenStaxx modular building technology, a patented design system that utilizes a digital library of 25 pre-designed and pre-engineered units that are “stacked” in a 3D program, and are designed and engineered to be assembled like Lego blocks to fit any site. The 65’ long x 13’ wide units were built in a climate-controlled factory in Canada, transported to Newton by flatbed truck, and are now being set in place. The GreenStaxx system, designed by founder Arthur Klipfel, has been utilized in a number of transit-oriented, multifamily projects developed by GreenStaxx, including 30 Haven in Reading, MA, a mixed-use 53-unit complex selected as one of five national finalists for the Urban Land Institute’s Jack Kemp Excellence in Affordable and Workforce Housing Award in 2014.
Austin Street Partners selected Stantec and NEI General Contracting as their development team based in part on their experience with modular construction. “The integral component for the GreenStaxx system is the vertical integration of the developer, architect, general contractor and the modular manufacturer, so that they’re operating as one company, marching to the same drummer, in order to achieve maximum efficiency for a project,” said Klipfel.
Built on a former municipal parking lot in conjunction with the City of Newton, the project will also replace 124 public parking spaces at ground level and add 90 new underground residential and retail employee parking spaces. A rooftop solar array will provide over fifty percent of the building’s electrical needs, and 28 Austin Street will be LEED certifiable, utilizing efficient heating and ventilation systems, fixtures and lighting. Electric car-charging stations are being installed, and all apartments will be equipped with EnergyStar appliances. Resident amenities include a common living room and roof terrace, a fitness center, and a play area for children and dogs. The project is expected to be completed in the summer of 2019.
“The development of 28 Austin Street reflects Dinosaur Capital Partners’ philosophy: Invest for the long-term while enhancing the quality of life for our neighbors,” said Scott Oran, principal of Dinosaur Capital Partners. “And 28 Austin Street repurposes an underutilized public parking lot while providing energy-efficient affordable housing options for Newton residents.”
Feb 20, 2019
Building Permit Issued for The BEAT
A building permit has been issued for The BEAT, the new development project at the former site of the Boston Globe headquarters in Dorchester, MA.
The BEAT will include 360,000 square feet of office space and 300,000 square feet of flex/light industrial space, along with retail including a 10,000-square-foot fitness center, a 100-seat restaurant and a micro craft brewery with a food component, including an outdoor beer garden. A portion of The BEAT will be dedicated to robotics-related work. 868 parking spaces and over 200 bicycle storage spaces will be provided on site. Smaller outbuildings will be removed from the existing 815,000-square-foot existing building in order to construct The BEAT, creating 695,000 square feet of space.
Feb 20, 2019
Site Work Underway for New Hotel at South Bay Center in Dorchester
Trees have been cleared and site work is underway for the upcoming 90,000 square foot hotel to be part of the South Bay Center's redevelopment. The Hilton hotel will feature 130 extended stay rooms and surface parking for 77 cars. The hotel will sit on Parcel E within the development, adjacent to the existing Courtyard Marriott. Construction on the hotel is set to be complete in 2020.
Feb 13, 2019
The Harlo Trades for $150 Million
The Harlo, located in the Fenway neighborhood of Boston has been acquired by Invesco Real Estate for $150,025,000.
New 17-story mixed-use building featuring 212 luxurious apartment residences and approximately 7,000 square feet of ground-floor retail space with premium dining options including Tatte Bakery, Oath Pizza and Cava Mediterranean Grill. Residences at The Harlo range from studios to three-bedrooms and feature elegant finishes including exposed concrete ceilings; quartz countertops; hardwood floors; oversized windows; and panoramic views of Fenway Park, the Charles River, and Downtown Boston. Select residences feature loft floor plans, as well as private terraces.
Feb 04, 2019
Construction Ongoing for Children's Hospital Brookline Place Expansion
Construction is ongoing for the renovation and addition for Children's Hospital at Brookline Place. Completion of fireproofing and metal framing is ongoing for the new eight-story building at Two Brookline Place. Terracotta install is also beginning for the 182,000 square foot building that will feature new medical office space, ambulatory care area, and ground floor retail.
Next door at One Brookline Place brick veneer install is moving forward for the 47,000 square foot addition to the existing building.
Dec 27, 2018
Window Install Begins for NEMA Boston in The Seaport
As exterior work continues and framing is rising to full height window install has also started for NEMA Boston, at 399 Congress Street in the Seaport. The 22 story mixed-use building will include 414 apartments along with 2,500 sf of retail, innovation, and lobby space, and parking for 144 cars. The luxury residences will range in size from micro innovation units to three bedrooms. Construction is expected to be complete in Fall 2019.
Dec 26, 2018
Cambridge Discovery Park Building Financed for $150 Million
Bulfinch has secured $150 Million in financing for building 400/500 at Cambridge Discovery Park via Citizens Bank.
Building 400-500 is the last phase of Bulfinch’s master-planned redevelopment totaling nearly 800,000 square-feet of lab, office, and amenities. Current tenants include Forrester Research’s World Headquarters, The Smithsonian Astrophysical Institution, FogPharma, LifeMine Therapeutics, and Genocea Biosciences, Inc., as well as a brand new 150 room AC Marriot Hotel.
Cambridge Discovery Park is a world-class office campus situated on a 27-acre landscaped site in Cambridge, MA. The Park, being the third largest campus in Cambridge (after MIT and Harvard), offers unparalleled convenience to both downtown Boston and Route 128, and delivers an abundance of green space, excellent on-site amenities, and is just steps to the Alewife MBTA stop.
Dec 13, 2018
Demo Ongoing for The Beat
Demolition of parts of the former Boston Globe headquarters is ongoing to transform the site into a creative hub of office, retail, and lab space. The existing three-story building at the center of the site will be retained and a new multi-story atrium will be built at the entrance. The atrium will be open to the public and offer a food hall and meeting space. In total, The Beat will include 360,000sf of office space, 300,000sf of flex/light industrial space, a 10,000sf fitness center, and a 100 seat restaurant.
Be sure to check out their website www.thebeatboston.com for some new renderings, like this amazing one of the lobby.
Dec 06, 2018
Fortis Property Group Acquires Stake in 47-55 LaGrange Street
Brooklyn-based Fortis Property Group has acquired a stake in the development at 47-55 LaGrange Street in Boston's Downtown Crossing neighborhood for $17.7 million.
The approved 21-story tower which will feature 176 luxury residential units including studios, one-bedrooms, and two-bedrooms in the heart of Downtown Crossing. The tower’s facade will feature a mix of glass and precast panels. Units will be graced with floor-to-ceiling windows. 20 vehicle parking spaces and 176 bicycle storage spaces will be located on site. 47-55 LaGrange Street is expected to achieve LEED Silver efficiency certification.
Nov 28, 2018
Construction Continues at 145 Broadway in Kendall Square
Both interior and exterior work is ongoing for the striking 19-story building just outside Kendall Square. When finished in late 2019 all of the office space within the project will be home to Akamai Technologies, a content delivery network and cloud service provider responsible for serving between 15% and 30% of all web traffic.
The project is also set to include around 10,000 square feet of active ground floor space for retail and a five-level underground garage.
145 Broadway is the first phase of Boston Properties' planned 1.1 million square foot Kendall Square redevelopment project. Future phases would entail the construction of a 14-story, 318,644 square foot commercial building, a 34-story, 350,000 square foot residential tower, and a 12-story, 71,300 square foot residential building.
Nov 21, 2018
Project Change Approved for Downtown Crossing Tower
The project change will bring the previously approved project for "up to 130 dwelling units" to a new total of "up to 176 dwelling units." No other aspects of the 47-55 Lagrange Street project, such as building size, will change.
The 21-story tower will feature 176 luxury residential units including studios, one-bedrooms and two-bedrooms in the heart of Downtown Crossing. The tower’s facade will feature a mix of glass and precast panels. Units will be graced with floor-to-ceiling windows. 20 vehicle parking spaces and 176 bicycle storage spaces will be located on site. 47-55 LaGrange Street is expected to achieve LEED Silver efficiency certification.
Nov 01, 2018
Exterior Work Underway for Children's Hospital Redevelopment at Brookline Place
With structural steel in place at One Brookline Place and the penthouse being completed next door at Two Brookline Place, exterior work is now beginning along with rough install of mechanical, electrical, plumbing, and sprinkler systems throughout both buildings.
The project will feature a new eight-story, 182,500 sf building (Two Brookline Place) and add a six-story, 47,000 square foot addition to the existing six-story One Brookline Place medical building. The new Two Brookline Place will include a medical office and ambulatory care space on upper floors with retail along the ground floor.
Oct 25, 2018
Exterior Work Underway at NEMA Boston
As framing continues exterior work has also begun for NEMA Boston at 399 Congress Street in the Seaport. The new 414 unit luxury building will include a suite of resident amenities housed on the 21st floor with stunning downtown Boston Views. The project will also include around 2,500 sf of retail and a three-level parking garage with 144 spaces.
Construction is expected to be complete in Fall 2019.
Oct 04, 2018
The Andi at South Bay Nearing Completion
The Andi at South Bay is now leasing as work is wrapping up on the first building (Building D) in the project. The 475 luxury unit complex, located in the new section of the South Bay Center will offer residents a host of amenities including 2 fitness centers, a private courtyard, salt water pool, and co-working space. Units within the project range in size from 450 sf studios to 1400 sf 3 bed/2bath apartments.
The Andi is a key piece of the new 720,000 square foot mixed-use development that has transformed the 10-acre site at the intersection of Dorchester and South Boston.
Residential Building D nearing completion
Renderings of The Andi:
Sep 18, 2018
Facade Work Nearing Completion at 145 Broadway in Cambridge
The glass facade is nearing completion on the 19-story tower in Kendall Square which will be home to Akamai Technologies. In total the building will include just over 443,000 sf of office space and 10,000 sf of ground floor retail. A five-story below grade garage will offer car and bike parking for the property. The building is scheduled to be complete in late 2019.
Sep 04, 2018
The Merc Refinanced for $96 Million
The Merc in Waltham has been refinanced by Northland Investment Corporation via New York Life for $96 million.
The building containing 269 luxurious apartments is located in downtown Waltham. It features three new buildings with resident amenities including a sky deck with sweeping views, a billiards room, a fitness center, a business center and on-site parking. 27,500 square feet of retail space is located on The Merc's ground floor. The Merc is steps from multiple dining and entertainment options as well as direct transit service to downtown Boston.
Aug 24, 2018
Equity Residential Acquires Troy Boston for $216.125 Million
Equity Residential has acquired Troy Boston from Oregon-based Gerding Edlen for $216.125 million.
The property features 378 apartments with ground-floor retail space in Boston's South End. Troy Boston consists of two buildings—an 11-story mid-rise and a 19-story tower. Apartments range from studio to two-bedroom configurations. Amenities include a rooftop lounge, an outdoor swimming pool, a yoga, and fitness studio and an outdoor dog run area.
Aug 20, 2018
Framing Underway at NEMA Boston
The framing for NEMA Boston, 399 Congress Street, is rising in the Seaport district. The upcoming, 414 unit luxury building will include residences ranging from "micro" innovation units to three-bedrooms. Luxury resident amenities at NEMA Boston will be housed on the 21st floor of the building, framed by stunning views of the Boston skyline. Around 2,500 square feet of retail, innovation and lobby space will be located across NEMA Boston's ground floor. A three-level parking garage will sit underneath the tower containing 144 parking spaces.
NEMA Boston is set to open in Fall 2019.
Aug 17, 2018
Hotel to Residential Conversion Approved in Brighton
The 40 Mount Road project will transform an existing hotel into 151 homeownership residential units. The project will be a mix of studios, one, two and three-bedroom residential units, and is located in proximity to the B Branch of the MBTA Green Line.
The public realm surrounding the project will be improved with approximately 10,000 square feet of landscaped space lining the property on both Mount Hood and Egremont Roads, creating an active edge along a corridor that connects the residential neighborhood to Commonwealth Avenue. The area will be enhanced for pedestrians with new street furniture, trees, plantings, lighting and path patterning.
40 Mount Hood Road exceeds the required IDP and will have 16 percent of units as income-restricted. This means 24 of the total units will be income-restricted, of which 10 will be made affordable to households earning no more than 80 percent AMI.
Included in the project is a robust transportation mitigation package, consisting of $75,000 toward the Allston-Brighton Mobility Study, $20/month per unit for five years for a shuttle service, MBTA, or other transit measure deemed appropriate by BPDA, and the installation of a Blue Bike Station on the project site or in close proximity.
The developer will also contribute $75,000 toward public realm improvements along Commonwealth Avenue, including necessary upgrades to the pedestrian signals and accessible ramps at the Commonwealth Avenue and Mount Hood Road intersection. In addition, the developer will contribute $25,000 to the City of Boston's Parks and Recreation.
Aug 16, 2018
BPDA Approves Exchange South End
In a meeting held on August 16th, 2018 the BPDA approved the massive, 1.6 million square foot development in the South End along Albany Street. Positive comments regarding the project came from numerous sources including neighborhood associations, unions, and the board itself. The head of the South End Forum, a collection of the various South End neighborhood associations, applauded the development team for their community engagement throughout the past year and no opposition to the project was voiced at the public hearing.
The development of the 5.6-acre site will include four new buildings of commercial, technology, and life science space with ground floor retail. The front door to the site will be the 1-acre park, Albany Green. While questions around transportation remain, The Abbey Group hopes to start construction this coming spring, 2019.
Aug 07, 2018
Boston’s Life Time Center: A Leader in Proactive Wellness
Among its unmatched amenities, Boston's Life Time Center is the city's ultimate boutique with seven dedicated studios featuring a myriad exclusive fitness and athletic classes led by the best instructors in the area, along with LifeCafe, a full-service, fast-casual restaurant and bar, and LifeSpa, a full service salon and spa providing nine serene and relaxing treatment rooms for massage and facials as well full hair and nail services.
"Boston's high-performance lifestyle has met its match with our newest Chestnut Hill location," said Jeff Zwiefel, Life Time chief operating officer. "This extraordinary development allows us to deliver our highest level athletic club, providing Bostonians with their very own luxury athletic-meets-health and wellness destination. With our existing Westwood and Boston MetroWest club in Framingham, we're delivering the ultimate experience for members throughout the area."
The center opened in 2017 and remained on schedule using Touchplan, a construction software that allows developers to plan, implement, and monitor projects in their entirety. The innovative software gives developers the ability to see the full spectrum of their project down to every last detail. Touchplan has let developers keep their projects on or ahead of time leading to lower costs and more efficient construction.
Jul 25, 2018
Work Continues at South Bay Town Center
Work continues at South Bay town center as an interior fit-out of 5,000 square feet of space to accommodate a new restaurant is underway. The work includes new mechanicals (electrical, plumbing, HVAC, sprinkler, and fire alarm systems). Additionally, a new kitchen, dining room, interior petitions, and drywall interior finishes are being completed.
When complete, the project will include approximately 475 residential units, 120,000 square feet of retail space, a 60,000 square foot cinema and a 130-room hotel. A total of five new buildings will be built. South Bay Town Center will be pedestrian-oriented, with active ground-floor uses and open spaces.
Jul 06, 2018
Phase II Underway at Brookline Place
Phase II underway at Brookline Place as a temporary surface parking lot, which supplied parking for the existing six-story One Brookline Place medical office building during the garage’s construction, is now being razed to make way for Two Brookline Place.
Two Brookline place is an upcoming eight-story, 182,500 square-foot building, that will feature medical office and ambulatory care space, as well as ground-floor retail. Also, underway is a six-story, 47,000 square foot addition to One Brookline Place.
The project completion date remains on schedule for late 2018 using Touchplan, a construction software that allows developers to plan, implement, and monitor projects in their entirety. The innovative software gives developers the ability to see the full spectrum of their project down to every last detail. Touchplan has let developers keep their projects on or ahead of time leading to lower costs and more efficient construction.
Jul 05, 2018
Exchange South End Awaits Approval
With the Exchange South End proposal under board review, the $600 million commercial development is still aiming to begin construction in the fall of 2018. The development would transform 5.6 acres of South End real estate into a massive mixed-use opportunity for the neighborhood.
The nearly 1.6 million square foot project would include four new buildings featuring approximately 1,481,350 square feet of commercial, technology, and life science research space with 42,500 square feet of ground-floor retail space and 30,000 square feet of civic and incubator space oriented about a new public park.
Over one acre of new pedestrian-friendly public open space, known as Albany Green, would be constructed on site. Exchange South End would host 4,000 to 7,000 new jobs, and represent a total investment of over $1 billion in the South End neighborhood.
Jul 05, 2018
Facade Install Continues on 145 Broadway, Kendall Square
Work to install the glass facade at 145 Broadway in Cambridge continues. The 19 story building located in the heart of Kendall Square will be home to Akamai Technologies, who have already leased all of the office space at the site. The project is expected to be complete in late 2019.
Jul 02, 2018
Callahan completes 20-story Montaje luxury apartment tower at Assembly Row in Somerville
Callahan Construction Managers has completed Montaje for Federal Realty Investment Trust. The 768,000-square-foot luxury apartment and retail development, located at the heart of Assembly Row in Somerville, features a landmark 20-story, 236-foot-tall tower and a 77-foot-tall, six-story, wood framed building. Designed by Stantec, Montaje features 447 studio, one-bedroom, two-bedroom and three-bedroom residences that are outfitted with luxurious finishes, including quartz countertops and stainless steel appliances.
At Montaje’s summit is a top-floor Sky Lounge featuring striking views of Boston and the nearby Mystic River. The Sky Lounge includes an outdoor roof deck, a chef’s kitchen, a dining area and a media/living room. A second, lower level courtyard features grilling stations, a bocce court and an outdoor fireplace. Additional Montaje amenities include a resort-style swimming pool, a fitness center with a yoga studio, artist space, a resident lounge featuring a billiards table and a meeting room. A seven-story precast parking garage with space for 650 cars has also been constructed on site.
On Montaje’s ground floor is 40,000 square feet of retail, home to multiple shops, restaurants and bars including MidiCi Pizza, Ann Taylor Factory Shop, Yankee Candle, Fragrance Outlet, Columbia Sportswear Company, Mass General Hospital and American Fresh Brewhouse. Montaje is located next to the Assembly MBTA Orange Line station and minutes from Interstate 93, offering a short commute to Downtown Boston and Cambridge by transit or car.
Jun 18, 2018
Transit-Oriented Brighton Development Approved
The proposed development for 5 Washington Street in Brighton has received approval.
The project will bring a five-story residential building with 108 rental units and 12,500 square feet of ground-floor retail. In response to community feedback, the project increased the proposed number of affordable units. Eighteen units will be income-restricted, represented 16.4 percent of the total project. The project will set aside 1,000 square feet of retail for a local business at a discounted rate.
Jun 08, 2018
The Harlo is One of Boston's Best
The Harlo, a new 17-story mixed-use building featuring 212 luxurious apartment residences and approximately 7,000 square feet of ground-floor retail space with premium dining options remains one of the hottest apartment buildings in the city.
An ideal Fenway location, an absurd amount of amenities, and reasonable rental rates make this multi-family dwelling one of the most sought-after in Boston. Apartments start at around $2,500 a month and increasingly grow more expensive relative to square-footage.
With Multiple private outdoor spaces at The Harlo, including a yoga terrace; a fifth-floor outdoor terrace featuring cabanas, a fire pit and grills; and a top-level skydeck it makes sense that Bostonians are eagerly looking to call 1350 Boylston Street home.
The Harlo opened this past fall (2017) and the project remained on schedule using Touchplan, a construction software that allows developers to plan, implement, and monitor projects in their entirety. The innovative software gives developers the ability to see the full spectrum of their project down to every last detail. Touchplan has let developers keep their projects on or ahead of time leading to lower costs and more efficient construction.
Jun 07, 2018
Lovejoy Wharf Mortgaged For $125 Million
Related Beal, the developer of Lovejoy Wharf, has mortgaged the property via Deutsche Bank USA for $125 million.
The development features 160 North Washington Street, the completed redevelopment of the historic Hoffman Building into 214,000 square feet of office space housing the headquarters of the Converse footwear company. The property also features 100 Lovejoy Wharf, a 157-residence, 15-story, 250,000 square foot luxury condominium building with ground-floor retail space.
May 16, 2018
Night Moves: Night Shift Opening Lovejoy Wharf Location
Everett-based, Night Shift, a locally loved and award-winning micro-brewery plans on opening a second location under the Converse Building at Lovejoy Wharf. As the North Station area continues to boom, with the Hub on Causeway and multiple mixed-use developments in the area, the brewery will be a welcomed addition.
The upcoming brewpub will amass 12,000 square-feet of space at 1 Lovejoy Wharf and hopes that the additional location can continue to help establish them as a Boston brand. Seating will accommodate about 300 people and weather pending, people will have access to a waterfront patio that overlooks the Harborwalk Night Shift is excited about is the transit-oriented location, being right next to North Station and the MBTA.
According to Eater Boston, Night Shift’s production manager Anna Jobe will manage the Lovejoy brewery’s 10-barrel brewing system, which has a capacity of about 2,500 barrels per year. The taproom is set to have 30 draft lines with the majority of the beers brewed on-site and only poured out of the Lovejoy facility.
Apr 27, 2018
Steel and Metal Decking Underway
Work continues at 399 Congress, an upcoming 22-story mixed-use tower featuring 414 apartment residences ranging from innovation units to three-bedrooms. Current work on structural steel and metal decking in garage levels is underway
Apr 14, 2018
The Beat at 135 Morrissey gets BPDA approval
FROM THE BPDA:
The proposed project consists of the renovation and reuse of the approximately 695,000 square foot building located at 135 Morrissey Boulevard in Dorchester (the former Boston Globe Headquarters).
Live: A contribution of $4,772,723 in Housing Linkage to the Neighborhood Housing Trust (NHT), public community space
Work: 3,000 full-time jobs, STEM-focused campus, on-site career center
Connect: 275 bike storage spaces, building wifi, LEED Silver Certified
Size: 695,000 square feet
The 135 Morrissey Boulevard project is located in Dorchester at the former Boston Globe Headquarters building. The project includes a comprehensive renovation of both the inside and outside of the former Boston Globe Headquarters building. In addition, the project will include landscaping improvements throughout the project site.
Overall, the improvements will result in 695,000 square feet of refurbished space meant to attract creative office, technology, light manufacturing, warehouse, retail, and life science tenants, with approximately 868 off-street parking spaces and approximately 209 bicycle storage spaces. The envisioned building program is made up of the following uses: office/business, tech flex/light industrial, retail/restaurant, food service and fitness space.
In addition, the proposed 135 Morrissey Boulevard project will provide community benefits to Dorchester and Boston as a whole. These benefits include 2,500 square feet of space located at the project site to be programmed and utilized as a community job training/employment center, open to the public. This space will be provided at no cost to a local non-profit organization. In addition, a contribution of $4,772,723 in housing linkage will be made to the Neighborhood Housing Trust (NHT), along with a commitment to adopt the Commonwealth of Massachusetts Department of Conservation & Recreation (DCR)-owned public open space known as Patten’s Cove for no less than 10 years.
Apr 13, 2018
Ares Management Acquires 105 West First Street
New York-based, Ares Management, has acquired the development site for $25 million. The approved seven-story, 250,000 square foot research and development (R&D) office building that will be located on a 42,219 square foot site in South Boston across from A Street Park steps to the Channel Center development and the Broadway MBTA Red Line station.
The building will contain office, research, and development space, as well as ground-floor retail fronting West First Street, community-shared work or technology incubator space fronting West Second Street, convener space, and tenant amenities. A roof deck will be located on the building's top floor.
Apr 01, 2018
Exterior Work at South Bay Town Center
Exterior framing and drywall are going up at South Bay Town Center as they aim for a summer 2018 opening. The project will include approximately 475 residential units, 120,000 square feet of retail space, a 60,000 square foot cinema and a 130-room hotel. A total of five new buildings will be built. South Bay Town Center will be pedestrian-oriented, with active ground-floor uses and open spaces.
Mar 23, 2018
Site work continues at 399 Congress
Rebar and plumbing placement ongoing on upcoming 22-story mixed-use tower featuring 414 apartment residences ranging from innovation units to three-bedrooms. Additional work to include mud mat and foundation slab pours.
Mar 14, 2018
On Thursday, March 15th at 545 Medford St, Charlestown, Massachusetts at 6 PM there will be a public council hearing regarding the development of One Charlestown.
The proposed $1 billion development, is a 3.3 million square foot redevelopment of the existing 27.6-acre, 1,100-unit Bunker Hill public housing project into 3,200 mixed-income residential units with a neighborhood retail component. All 42 existing Bunker Hill housing buildings, dating to 1941, would be demolished and replaced with new buildings consisting of apartment and duplex unit formats.
Mar 12, 2018
Updated renderings of Exchange South End from Stantec, the architectural firm on the project. The $600 million commercial development is aiming to begin construction in the fall of 2018, transforming 5.6 acres of South End real estate into a massive mixed-use opportunity for the neighborhood.
Mar 04, 2018
178 residences proposed at site of Brighton motel
A newly proposed development would replace the existing Hotel Boston motel at 40 Mount Hood Road in Brighton with 178 residences. The proposed five-to-seven-story building, which would be located just off of Commonwealth Avenue steps from the MBTA Green Line, would contain 64 apartments and 114 condominiums. Amenities would include lounges, fitness space and an outdoor courtyard with a pool.
142 garage parking spaces would be located on site, including 114 for condominiums and 28 for apartments. Construction of the 40 Mount Hood Road development is expected to start in Spring 2019 and last approximately 24 months. Proponent 1650 Commonwealth LLC has filed plans for 40 Mount Hood Road with the City of Boston, who is now reviewing the proposed development.
Feb 27, 2018
Vertical steel construction underway at 19-story Akamai global headquarters in Kendall Square
The steel superstructure of 145 Broadway, an upcoming 19-story tower in Kendall Square that will become the new headquarters of Akamai Technologies, has reached the building’s fifth floor and counting. Following completion of steel construction, a high-performance glass facade will be installed along 145 Broadway’s facade. The 453,768-square-foot tower will be fully leased by Akamai, and is expected to open by the end of 2019. The following are photographs of 145 Broadway:
Feb 22, 2018
Brookline Place medical office property redevelopment begins next phase
Following completion of a new seven-level, 683‐space parking garage, the redevelopment of the Brookline Place medical office property in Brookline Village is beginning its’ next phase. A temporary surface parking lot, which supplied parking for the existing six-story One Brookline Place medical office building during the garage’s construction, is now being razed to make way for Two Brookline Place, an upcoming eight-story, 182,500 square foot building, as well as a six-story, 47,000 square foot addition to One Brookline Place. The upcoming structures will feature medical office and ambulatory care space, as well as ground-floor retail. The following are photographs of the Brookline Place site:
Feb 15, 2018
Renderings revealed of proposed condominium addition to Dock Square Garage overlooking Greenway
Fortis Property Group has revealed renderings of its' proposed addition of 195 condominium residences atop the existing Dock Square parking garage overlooking the Rose Kennedy Greenway. The spiral-shaped, glass-enclosed addition would be 10 stories tall, and would expand the garage to 17 stories and 209 feet tall as well as 535,000 square feet in size.
As part of the proposed redevelopment, the Dock Square Garage would be re-cladded with a modern facade. Parking capacity would be reduced slightly from 698 spaces to 682, and restaurant space would be reduced from approximately 15,000 square feet to approximately 8,000 to accommodate a new residential lobby.
Fortis aims to start construction of the proposed redevelopment in the second quarter of 2019. Completion is expected in the second quarter of 2021. Fortis has filed plans for the proposed redevelopment with the City of Boston, who is now reviewing the plans. The latest renderings of the proposed redevelopment are posted above.
Feb 15, 2018
Exchange 200 to bring creative office and data center space to Malden Center
Malden Center is set to receive new creative office and data center space with the upcoming repositioning of a four-story, 315,000-square-foot former bank building located at 200 Exchange Street, steps from the MBTA Orange Line. Dubbed Exchange 200, the repositioned building will feature 200,000 square feet of flexible commercial space, as well as 60,000 square feet of energy-efficient data center space including 25,000 square feet of critical operation space.
“The redevelopment of Exchange 200 will preserve [the building’s existing data center] infrastructure while installing and incorporating modern design features to enhance the interior and exterior of the property,” said Young Park, President of project developer Berkeley Investments, in a prepared statement. New features will be added to the building including glass curtain wall along the facade, a high-ceilinged lobby and new common spaces.
Along Exchange 200’s ground floor will be over 16,000 square feet of ground-floor restaurant and retail space, further enhancing Malden Center’s growing street-level experience. Space at Exchange 200 is now available for lease, presenting a convenient and affordable alternative to Boston and Cambridge.
Feb 02, 2018
The BEAT to provide Dorchester with creative office and industrial hub
Nordblom Company and Alcion Ventures, who acquired the former Boston Globe property in Dorchester for $81 million in December 2017, propose to transform the property into The BEAT, a $200 million office and industrial innovation hub that would bring over 3,000 new jobs to the Dorchester economy. The BEAT would repurpose the existing building on site, creating a total of 695,000 square feet including 360,000 square feet of office space and 300,000 square feet of flex/light industrial space.
At The BEAT’s center would be a natural light-laden atrium open to the public during working hours, including a food hall and collaborative meeting and gathering spaces. The BEAT would also include a 10,000-square-foot fitness space, a 100-seat restaurant and a micro craft brewery with a food component, including an outdoor beer garden.
Nordblom and Alcion hope to start construction of The BEAT in the third quarter of 2018; construction would last 12 to 14 months. The City of Boston is now reviewing the proposed project plans.
Jan 30, 2018
Plans for 1.9-million-square-foot Allston Yards development revealed
The proponents of Allston Yards, the proposed 1.9-million-square-foot redevelopment of the 11-acre Stop & Shop supermarket property located next to Boston Landing in Allston, have revealed preliminary project plans. Developed by Stop & Shop and New England Development in partnership with The Bozzuto Group and Southside Investment Partners, the project as proposed would consist of four buildings constructed across several phases and feature up to 1,050 apartment and condominium residences, 300,000 square feet of Class-A office space, 50,000 square feet of restaurant/retail space and a new 67,000-square-foot flagship Stop & Shop supermarket.
The first phase of Allston Yards would contain 360 apartment residences with ground-floor retail and the flagship supermarket, and is expected to start construction in the second quarter of 2019. The current supermarket would remain open throughout Phase One, which would also construct a a 24,000-square-foot community green with a restaurant. The proponents have filed plans for Allston Yards with the City of Boston, who is now reviewing the project. The latest project renderings are posted above.
Jan 23, 2018
19-story Akamai global headquarters in Kendall Square beginning vertical construction
Two tower cranes are now in place at the future site of Akamai Technologies’ 19-story, 453,768-square-foot global headquarters tower, located at 145 Broadway in Kendall Square, signaling the impending start of vertical construction of the building's superstructure. 145 Broadway’s five-level underground parking garage, which will contain 374 vehicular parking spaces and 151 bicycle parking spaces, is just about complete, with concrete pouring about to reach ground level. Developed by Boston Properties, 145 Broadway broke ground last Summer and is expected to open by the end of 2019. The building will feature a high-performance glass facade and 12' - 8" floor heights, allowing for abundant natural lighting, and will be fully leased by Akamai. The following is a photograph of 145 Broadway:
Jan 21, 2018
31-story mixed-use tower proposed in Chinatown
Millennium Partners, Asian Community Development Corporation (CDC), Corcoran Jennison Companies and Tufts Shared Services propose to construct a 31-story, $174 million tower at 286-290 Tremont Street in Chinatown, replacing a City-owned surface parking lot. The tower would contain 171 affordable apartment and condominium residences, a 140-room expansion of the adjacent Doubletree Hotel, a 264-space expansion of the adjacent Tufts Shared Services parking garage and 8,000 square feet of ground-floor community space. The four proponents were the only respondents to a City request for proposals (RFP) to develop the parcel.
Residences would include 45 apartments and 126 condominiums, and would represent Millennium’s affordable housing contribution for the upcoming 115 Winthrop Square tower. Corcoran Jennison owns the adjacent hotel, and Tufts owns the adjacent parking garage. Asian CDC recently completed the 21-story One Greenway mixed-income housing tower in partnership with New Boston Fund.
The proposed tower’s ground floor could contain a new Chinatown branch for the Boston Public Library. New outdoor public space would be constructed at the tower’s ground floor as well. The City of Boston is now reviewing the proponents’ proposal which, if officially selected, would require additional design review. The proponents hope to begin construction of the tower in December 2018, with completion expected in December 2020.
Jan 21, 2018
Proposed development at Brighton-Brookline line would break ground by end of year
The proposed 5 Washington Street mixed-use development, located at the Brighton-Brookline line, would break ground in the fourth quarter of 2018 per newly revealed project plans. The proposed building would contain 115 apartment residences including studios, one-bedrooms, two-bedrooms and three-bedrooms, ranging from 558 to 1,111 square feet in size.
12,500 square feet of retail space would be located on the building’s ground floor, potentially including a pharmacy as well as approximately 1,000 square feet designated as local retail leased at a discounted rate with flexible lease terms in order to support new business creation. 104 vehicle parking spaces would be located on site, primarily within a below-grade parking garage. As part of the project, a new public ground-level landscaped open space with seating would be created.
Construction of the proposed building would take approximately 18 months, with completion expected by Summer 2019. The project’s proponent, KIG Real Estate Advisors, has filed plans for the proposed building with the Boston Planning & Development Agency (BPDA), who is now reviewing the project.
Jan 08, 2018
Dock Square Garage buyer proposes 195-unit residential addition
Fortis Property Group, who acquired the six-story, 698-space Dock Square Garage in Downtown Boston for $170 million in September 2017, proposes to construct an “upward-spiraling” addition above the garage containing 195 residential units. Fortis has not yet disclosed whether units would be apartments or condominiums; 25 units would be designated affordable. The spiral-shaped addition would be nine stories high, increasing the garage’s height to 194 feet. As part of the project, the existing garage would be re-cladded. Renderings of the proposed addition have not yet been revealed; with the addition, the garage’s total parking capacity would be reduced to 538 spaces. The garage also contains 16,100 square feet of ground-floor retail home to Hard Rock Cafe. Fortis has filed a Letter of Intent (LOI) with the Boston Planning & Development Agency (BPDA) formally proposing the project and will reveal additional plans in the coming months.
Dec 30, 2017
Skanska sells ownership stake in Watermark Seaport luxury apartments for about $60 million
Skanska, in partnership with project co-developer Twining Properties, has announced the sale of its’ Watermark Seaport luxury apartment tower in the Seaport District to CLPF Residences at Seaport LLC. The sale of Skanska’s equity ownership in the development, 42.75%, will reportedly amount to about $60 million. The transfer of ownership of Watermark Seaport to CLPF will reportedly occur in the first quarter of 2018.
The 17-story Watermark Seaport was completed in the first quarter of 2016 and features 346 luxurious apartment residences, including 65 lofts in a six-story building adjacent to the main tower. Watermark Seaport, which is LEED Gold sustainability certified, also includes 25,000 square feet of ground-floor retail, including an 11,590-square-foot CVS Pharmacy and multiple dining options. Resident amenities at Watermark Seaport include a roof deck with views of the Financial District and Boston Harbor, a wellness studio, a resident lounge, an innovation lab and underground parking.
Dec 28, 2017
The Harlo new-construction luxury apartment tower now open in Fenway
The Harlo, a new-construction luxury apartment tower located in the heart of the Fenway neighborhood, has opened to residents. The building features 212 studio to three-bedroom apartments, with amenities including a top-level sky deck with sweeping views; a fifth-floor terrace with barbecue stations, canopies and a fire pit; intimate lounges and co-working and fitness spaces. The Harlo's facade is distinctively multifaceted, with a unique blend of red, yellow, brown and black exterior finish panels meshed with floor-to-ceiling windows. On The Harlo’s ground floor, Tatte Bakery and Oath Pizza are now open, and Cava Mediterranean Grill will open in early 2018. The following are photographs of The Harlo:
Dec 21, 2017
Sale of Boston Globe’s former Dorchester headquarters closes for $81 million
Nordblom Company and Alcion Ventures, who propose to develop The Boston Globe’s former headquarters at 135 Morrissey Boulevard in Dorchester into a hub for high-tech jobs, have acquired the property for $81 million. The sale of the 815,000-square-foot office and industrial building, which stands on 16.5 acres located just off of Interstate 93, amounts to about $99 per square foot. Acore Capital Mortgage LP provided $75 million in financing towards the acquisition.
Nordblom and Alcion plan to construct an urban innovation campus on the property, renovating and reusing the existing building to create 690,000 square feet of creative office space for technology and life sciences companies, light industrial space and food & beverage-oriented retail including a craft brewery. The adjacent Patten’s Cove public park would also be overhauled, and improvements would be made to the connectivity of the Savin Hill neighborhood to the nearby JFK/UMass MBTA Red Line station. The Boston Planning & Development Agency (BPDA) is now reviewing Nordblom and Alcion’s proposed plans for 135 Morrissey Boulevard.
Nov 25, 2017
Proposed apartment development at Brighton-Brookline line resurrected with revised plans
KIG Real Estate Advisors proposes to construct a five-story building containing 115 apartment residences and 12,500 square feet of ground-floor retail space at 5 Washington Street in Brighton, steps from the Brookline line. The building would be located across from the Brighton Whole Foods Market and contain studio to three-bedroom residences. KIG’s proposed development replaces a previous 2014 proposal by Urban Spaces, which would have constructed 145 apartment residences above ground-floor retail that could have included a pharmacy.
KIG is a newly formed real estate development firm led by Justin Krebs, who was President of Trans National Properties until Fall 2016 and formerly a partner at Normandy Real Estate Partners. Krebs and KIG continue to work on behalf of Trans National to develop 2 Charlesgate West, a proposed $250 million, 29-story tower containing residences, offices and retail in the Fenway. KIG has filed a Letter of Intent (LOI) formally proposing the 5 Washington Street development with the Boston Planning & Development Agency (BPDA), starting the project’s official review process. Additional details and renderings will be revealed in a Project Notification Form (PNF) filing in the coming months.
Nov 24, 2017
Ground lease secured for Newtonville mixed-use development breaking ground Spring 2018
Dinosaur Capital Partners and Oaktree Development have secured a 99-year ground lease for the City of Newton-owned surface parking lot at 28 Austin Street in Newtonville, which the developers will transform into a mixed-use development breaking ground Spring 2018. The 28 Austin Street development will feature 68 apartment residences, including 23 (34%) affordable, with 5,000 square feet of ground-floor retail including an innovation center. The development will also restore existing public parking and create new public space. Construction completion of the 28 Austin Street development is expected in Summer 2019.
Nov 19, 2017
One Greenway market-rate apartment component sold to Prudential for $144.5 million
Prudential has paid $144.5 million to acquire the 217 market-rate apartments at the new-construction, 21-story One Greenway tower in Chinatown. Prudential’s acquisition amounts to nearly $666,000 per apartment; market-rate apartments at One Greenway, which opened in Fall 2015, range from 486-square-foot studios to 1,618-square-foot three-bedrooms.
HFF represented One Greenway developers New Boston Fund and Asian Community Development Corporation in the deal and procured Prudential as the buyer. HFF also arranged $114.7 million in financing for the $150 million Phase I One Greenway development, including a $104 million construction loan through PNC Bank, People’s United Bank and Boston Private Bank & Trust and a $10.7 million equity investment from National Real Estate Advisors, in Fall 2013 upon the project’s groundbreaking.
Prudential’s acquisition does not include 66 Hudson Street, an adjacent 10-story mid-rise that was part of Phase I home to 95 affordable apartments, or 88 Hudson Street, a 50-unit affordable condominium building currently under construction that entails Phase II of One Greenway. Phase I of One Greenway also includes 3,300 square feet of retail, with tenants including East Boston Savings Bank, and 5,000 square feet of community space.
Nov 14, 2017
Nordblom begins city review process for 135 Morrissey commercial development in Dorchester
Nordblom Company has submitted a Letter of Intent (LOI) to the Boston Planning & Development Agency (BPDA) for 135 Morrissey, the proposed redevelopment of the former Boston Globe Headquarters in Dorchester into a hub for high-tech jobs, kicking off the project’s official review process. As previously reported, the existing building would be renovated and reused, resulting in approximately 690,000 square feet of uses including creative office space for technology and life sciences companies, light industrial space and food & beverage-oriented retail. Significant landscaping and pedestrian realm improvements would be made to the 16.61-acre site, including an overhaul of the adjacent Patten’s Cove public park and increased connectivity of the Savin Hill neighborhood to the nearby JFK/UMass MBTA Red Line station. Nordblom will reveal additional details of the 135 Morrissey proposal in a Project Notification Form (PNF) filing in the coming months.
Nov 10, 2017
Newly built 55 Seaport offices sold for $23.5 million, setting new Seaport District price per square foot record
Boston Global Investors has sold 55 Seaport Boulevard, a new-construction 13,550-square-foot office building in the Seaport District home to the firm's headquarters, to Zurich Alternative Asset Management for $23.5 million. The sale amounts to approximately $1,734 per square foot, topping the $1,027 per square foot paid by Union Investment in April 2016 to acquire the 440,000-square-foot 101 Seaport and setting the new record for most expensive price per square foot sale of a Seaport District office building.
55 Seaport Boulevard features approximately 7,175 square feet of office space, occupied by Boston Global Investors, and approximately 6,375 square feet of retail space, occupied by CapitalOne. Boston Global Investors listed 55 Seaport Boulevard for sale in October 2016 through Newmark Knight Frank. The building was completed in Fall 2016.
Nov 09, 2017
City seeks development team to construct mixed-income housing on Chinatown parcel
The Boston Development & Planning Agency (BPDA) is seeking development proposals for the 0.67-acre City-owned parcel at 290 Tremont Street in Chinatown, aiming to create a mixed-use development up to 360 feet tall with housing for a range of incomes. Any development would be required to have a housing component, of which at least 50% would need to be designated affordable. Rental units would need to target households earning 30-60% of the area median income (AMI), and condominiums would need to target households earning 60-100% of AMI, not averaging more than 80%. The BPDA is offering the parcel through a long-term ground lease. Buildings would be limited to a height of 360 feet and a floor area ratio (FAR) of 20.
Oct 04, 2017
Plans unveiled for former Boston Globe headquarters in Dorchester
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. Per a Dorchester Reporter report, MassRobotics and Cambridge Innovation Center are interested in opening a joint workspace at 135 Morrissey Boulevard.
Some smaller outbuildings would be removed from the existing 815,000-square-foot 135 Morrissey Boulevard building, resulting in 690,000 square feet of available space. A portion of the property would become a micro craft brewery with a food component. As part of the project, a multi-use path would be created around the site, renovating the underutilized adjacent Patten’s Cove park. Nordblom’s deal to acquire 135 Morrissey Boulevard is expected to close in mid-November. The latest details and renderings of the proposed project are posted above.
Oct 01, 2017
Boston Global Investors selling Seaport headquarters to Zurich Alternative Asset Management for $23 million
Boston Global Investors will reportedly sell its' newly built 13,500-square-foot headquarters building at 55 Seaport Boulevard in the Seaport District to Zurich Alternative Asset Management for almost $23 million. Per a report by The Real Reporter, the building’s location, combined with its' triple-net leases with a weighted-average lease term of almost 10 years, created intense competition for the building. The sale, which has yet to close, would top $1,700 per square foot, higher than the record $1,027 per square foot Union Investment paid in April 2016 to acquire the 440,000-square-foot 101 Seaport office and retail building in the Seaport District. 101 Seaport's sale price was $452 million; the transaction currently holds the title of most expensive price per square foot sale of a Seaport District office building.
Tenants at 55 Seaport Boulevard include CapitalOne, who has leased the building's 6,375-square-foot retail space for 15 years, and Boston Global Investors, whose headquarters occupies the building's 7,175 square feet of office space. CapitalOne is reportedly paying above $133 per square foot in rent; Boston Global Investors is reportedly on a five-year pact averaging $40 per square foot. Boston Global Investors listed 55 Seaport Boulevard for sale in October 2016 through Newmark Knight Frank. The building was completed in Fall 2016.
Sep 23, 2017
Dock Square Garage acquired by New York developer for $170 million
Fortis Property Group of New York has acquired the six-story, 264,462-square-foot Dock Square parking garage, situated on 1.2 acres steps from Faneuil Hall, for $170 million. The sale amounts to nearly $643 per square foot. MetLife Real Estate Investors provided $110 million in financing towards Fortis' acquisition. The Dock Square Garage's seller is Sullivan Properties, who originally developed the garage in 1980. The garage contains 698 parking spaces and 16,100 square feet of ground-floor retail. Existing zoning for the garage site would allow up to 125 feet of height, roughly 12 stories, on the parcel, allowing for the addition of new office or residential floors above the existing garage.
Newmark Knight Frank (NKF)'s Boston capital markets brokered the sale of the garage to Fortis. Fortis also owns the 36-story, 1-million-square-foot One Lincoln Street tower, fully occupied by State Street Corporation, which Fortis acquired for $889 million, or $889 per square foot, in 2006. “Dock Square Garage is among the top three highest-grossing parking facilities in Boston,” said NKF Executive Managing Director Matthew Pullen in a prepared statement. “The garage is directly surrounded by 24/7 demand drivers including Faneuil Hall, the North End, Rose Kennedy Greenway, TD Garden and 33 million square feet of Downtown office space.”
Sep 20, 2017
Abbey Group reveals plans for 1.6-million-square-foot Exchange South End commercial development
The Abbey Group has revealed its’ plans to redevelop the 5.6-acre Boston Flower Exchange site in the South End into Exchange South End, a commercial, technology, and life science research hub totaling nearly 1.6 million square feet. Pegged at $600 million and representing an over $1 billion total investment in the South End neighborhood, The Abbey Group’s proposed development would feature four new buildings up to 20 stories and 282 feet tall, featuring 1,481,350 square feet of commercial space in addition to 42,500 square feet of ground-floor retail space and 30,000 square feet of civic and incubator space.
Over one acre of public open space would be constructed at Exchange South End. Construction of the Exchange South End’s first phase, which would construct two buildings, would start in Fall 2018 and last approximately two years. Additional buildings would be constructed based upon demand. The Abbey Group has filed plans for Exchange South End with the Boston Planning & Development Agency (BPDA), who is now reviewing the proposed project.
Sep 20, 2017
Edens acquires junk company site at gateway to South Bay Town Center development for $3.6 million
Edens, developer of the $200 million, 720,000-square-foot South Bay Town Center project in Dorchester, has acquired the 0.2-acre site of the Lenox Junk Company, located at the future gateway to South Bay Town Center, for $3.6 million. The parcel, located at 1170 Massachusetts Avenue at the corner of Allstate Road, presents an unprecedented opportunity for Edens to construct an engaging, appropriate gateway for South Bay Town Center, a pedestrian-oriented development which will feature approximately 475 residential units, 120,000 square feet of retail space, a 60,000 square foot cinema and a 130-room hotel. 1170 Massachusetts Avenue’s seller is Core Investments, who acquired the site for $900,000 in May 2013. Core Investments is currently developing the nearby $400 million, 735,000-square-foot Washington Village mixed-use development in South Boston’s Andrew Square.
Sep 15, 2017
Newly opened Life Time Center wellness-oriented development in Chestnut Hill now 100%-leased
The 286,000-square-foot Life Time Center health, wellness and medical development in Chestnut Hill, which opened in June, is now 100%-leased with Newton-Wellesley Hospital's lease of 6,185 square feet. Newton-Wellesley Hospital joins tenants Life Time Athletic, who opened a 129,000-square-foot fitness center at Life Time Center in June, and Dana-Farber Cancer Institute, who will open a 140,000-square-feet medical care facility at Life Time Center in late 2019. “We are thrilled to have Newton-Wellesley Hospital select Life Time Center,” said Michael Wilcox, Senior Vice President and Director of Leasing at Life Time Center developer The Bulfinch Companies, in a prepared statement. “Newton-Wellesley Hospital’s lease reinforces our vision of establishing the premier medical and wellness facility in Greater Boston.” Life Time Center is prominently situated on Route 9, a short drive or transit ride to the Longwood Medical Area and Downtown Boston. The building features large efficient floor plates, a sunlit atrium and over 1,000 garage parking spaces. Private shuttle service is provided to the Chestnut Hill MBTA Green Line station.
Sep 14, 2017
Helical Drilling provides ground improvement solution at South Bay Town Center development in Dorchester
Helical Drilling has completed ground improvement at the 720,000-square-foot South Bay Town Center mixed-use development in Dorchester. Ground improvement was necessitated by South Bay's geotechnical composition of unstable urban fill, including up to 15 feet of loose-to-medium dense granular fill with ash, slag, cinders, and brick underlain by up to 10 feet of soft organic silt and followed by medium dense sand and gravel. In order to strengthen the soil, Helical Drilling installed Geopier® Rammed Aggregate Pier® Elements (RAPs), providing both spread footing support and slab-on-grade support. GeoConcrete® Column Rigid Inclusions (GCCs) were used in areas with thicker organic deposits and high footing bearing pressures.
Upon completion in 2018, the 10-acre South Bay Town Center will feature 475 apartment residences, 120,000 square feet of retail space, a 60,000-square-foot AMC cinema, a 130-room addition to the existing Holiday Inn Express hotel and three precast concrete parking garages. The following are photographs of ground improvement underway at South Bay Town Center, courtesy Helical Drilling:
Aug 15, 2017
Ribbon cut on Lovejoy Wharf luxury condos
A ribbon cutting ceremony was held last week for the new Lovejoy Wharf waterfront luxury condominiums in Bulfinch Triangle, marking the completion of construction and welcoming the building's first residents, who will take occupancy this Fall. Lovejoy Wharf developer Related Beal was joined by Boston Mayor Marty Walsh and Massachusetts Secretary of Transportation Stephanie Pollack at the ribbon cutting. Lovejoy Wharf feautres 157 condominium residences now on sale, located steps from Downtown Boston and multiple dining and shopping options. Available residences include studios, one-bedrooms, two-bedrooms and three-bedrooms, with prices starting at $750,000. Lovejoy Wharf residents will have access to exclusive amenities including a landscaped 12th floor rooftop terrace, a spacious wharfside health club, a fitness studio, a resident lounge, a waterfront event room, a distinctive fireside library lounge, a billiards room, a business center and a children’s room. The following is a photograph from the ribbon cutting ceremony, courtesy Related Beal:
Aug 03, 2017
Nordblom acquiring 16.5-acre Boston Globe headquarters in Dorchester
Local real estate developer Nordblom Company will reportedly acquire the 16.5-acre former Boston Globe headquarters site at 135 Morrissey Boulevard in Dorchester. The Boston Globe and Nordblom reportedly signed an agreement for the acquisition this past Tuesday, August 1st; the deal will likely close this Fall. Development plans for the site have not yet been revealed. A vacant three-story, 815,000-square-foot building currently stands on the site, with the site's remainder comprised of surface parking. The Boston Globe has moved its' operations to a 75,000-square-foot office at Exchange Place in the Financial District, and its' printing and distribution to a 330,000-square-foot industrial building in Taunton.
Jul 20, 2017
Bell Partners acquires new Olmsted Place apartments in Jamaica Plain for $103.25 million
Residential real estate developer and investor Bell Partners has acquired the 196-unit Olmsted Place luxury apartments in Jamaica Plain, which opened in Fall 2015, from developers Boston Residential Group (BRG) and Carlyle Realty for $103.25 million in cash. The sale amounts to $526,785.71 per apartment. Olmsted Place overlooks the scenic, Frederick Law Olmsted-designed Emerald Necklace parklands and features desirable amenities including an outdoor pool deck, a tree-lined terrace, a fitness center and a resident lounge. BRG and Carlyle acquired the Olmsted Place site, located at 161 South Huntington Avenue, for $10,127,857 in December 2013 and proceeded to develop the $84 million Olmsted Place apartment community. A 55,000-square-foot complex home to The Home for Little Wanderers formerly stood on the site. Olmsted Place is located steps from the MBTA Green Line and the Longwood Medical Area, a short drive or train ride to Downtown Boston.
Jul 18, 2017
475 new residences break ground at South Bay Town Center in Dorchester
Two new buildings featuring 475 residences have broken ground at the 720,000-square-foot South Bay Town Center mixed-use development in Dorchester. Initial site work for a 45,000-square-foot addition to the existing Holiday Inn Express hotel on site is underway as well. A 602-space precast concrete parking garage is nearing completion at South Bay Town Center, and interior and exterior finishing are underway at the development’s new AMC movie theater. The 10-acre South Bay Town Center is expected to open in 2018 and will feature approximately 475 residential units, 120,000 square feet of retail space, a 60,000 square foot cinema and a 130-room hotel, all oriented about an active pedestrian streetscape. The following is an aerial photograph of South Bay Town Center, courtesy Lee Kennedy Company:
Jul 18, 2017
Akamai breaks ground on new global headquarters in Kendall Square
Akamai Technologies held an official groundbreaking ceremony today for its’ new 19-story, 453,768-square-foot headquarters tower at 145 Broadway in Kendall Square. The tower, developed by Boston Properties, will feature a high-performance glass facade, bringing abundant natural lighting to an open office floor plan. Demolition of a preexisting office building on site is now complete, allowing Akamai and Boston Properties to start construction of the tower. 145 Broadway is expected to open at the end of 2019 and is the first phase of Boston Properties’ 1.1-million-square-foot Kendall Square redevelopment project. The following are video and photographs from the 145 Broadway groundbreaking ceremony:
Jul 17, 2017
Spring 2018 groundbreaking anticipated for approved Newtonville mixed-use development
28 Austin Street, a mixed-income housing development with ground-floor retail that will transform an existing surface parking lot in the heart of Newtonville, is set to break ground in Spring 2018. A settlement has been reached with residents who sued to prevent 28 Austin Street’s development, ending over a year of delays. “With this settlement agreement, a major impediment to a timely construction commencement has been resolved,” said 28 Austin Street developer Scott Oran in a letter to Newton city officials. Terms of the settlement are confidential; the residents have agreed to drop all claims against the developers. The developers are now working with MassHousing to finalize financing for the project. 28 Austin Street was originally approved in December 2015 and will feature 68 mixed-income apartment residences with 5,000 square feet of ground-floor retail; 23 residences at 28 Austin Street will be designated affordable. Completion of 28 Austin Street is expected in 2019.
Jul 12, 2017
The Harlo, new luxury residences opening this Fall in Fenway, revealed
Skanska has taken the wraps off of The Harlo, a new luxury residential building featuring 212 studio to three-bedroom apartments opening this Fall at 1350 Boylston Street in the Fenway. The Harlo will feature an eclectic collection of today’s most desirable amenities, including a top-level sky deck with sweeping views; a fifth-floor terrace with barbecue stations, canopies and a fire pit; intimate lounges; and co-working and fitness spaces. Residences will feature elegant finishes including exposed concrete ceilings, quartz countertops and hardwood floors. The Harlo will be professionally managed by Bozzuto. On The Harlo’s first floor will be premium dining options including Tatte Bakery, Oath Pizza and Cava Mediterranean Grill. Additional information about The Harlo, including the latest building renderings, is posted above.
Jul 09, 2017
399 Congress mixed-use tower in Seaport District starts foundation work, new rendering revealed
Preparations for foundation work are now underway at the future site of the 22-story 399 Congress mixed-use tower in the Seaport District, which will feature 414 apartment residences and approximately 12,000 square feet of ground-floor retail, innovation and lobby space. Foundation work, including excavation of the building’s three-level, 144-space underground parking garage, is scheduled to last through next April, at which point structural frame construction will begin.
399 Congress' facade will feature a mix of dark and light grey metal panels with glass curtain wall, as opposed to the originally-proposed tan finish panels; the latest 399 Congress rendering is posted above. The building will be located across from the $900 million, 1.3-million-square-foot Echelon Seaport mixed-use development, which broke ground last month, and steps from the $157 million, 325,000-square-foot Waterside Place Phase 1B mixed-use development, which is expected to start construction this year. Developer Crescent Heights acquired the 0.7-acre 399 Congress Street site for $36 million in January 2016. Crescent Heights recently closed on $157 million of construction financing for 399 Congress provided by The Union Labor Life Insurance Company.
Jun 28, 2017
32-story tower proposed at Huntington Theater site in Fenway, existing theater would be retained and expanded
QMG Huntington LLC proposes to construct an iconic 32-story, 405,500-square-foot mixed-use tower at the 0.76-acre Huntington Theater site in the Fenway, creating new residential and retail space while expanding and preserving the Huntington Theater Company (HTC)’s existing 890-seat, 35,654-square-foot theater. The theater would be gifted to HTC, allowing the company to keep its’ prime location on Boston’s Avenue of the Arts for the foreseeable future. 14,000 square feet of new theater space would be constructed across the first two floors of the proposed tower; the space, which would be leased to HTC at a nominal rent, would be connected to the existing theater and would include a new accessible entrance.
The proposed tower would serve as a symbol of pride for the Avenue of the Arts, with a facade inspired by Greek drama masks. The tower would feature 426 studio, one- and two-bedroom apartment residences and approximately 7,500 square feet of retail and restaurant space across the first and second floors. QMG aims to start construction of the proposed project in the fourth quarter of 2018; construction would last approximately 26 months. A Project Notification Form (PNF) formally proposing the project has been filed with the Boston Planning & Development Agency (BPDA), who is now reviewing the proposed project plans.
Jun 22, 2017
Dana-Farber leases 140,000 square feet at Chestnut Hill’s new Life Time Center, building now over 95%-leased
Dana-Farber Cancer Institute has leased 140,000 square feet of space at the new 286,000-square-foot Life Time Center health and wellness development in Chestnut Hill, also home to a 129,000-square-foot Life Time Fitness location, bringing the building to over 95%-leased. Dana-Farber’s long-term lease totals two floors; Dana-Farber's new location will open in late 2019, serving as an extension of the Institute’s main campus in the Longwood Medical Area. The facility will provide clinical trials and patient care, including exams, infusions, and supportive services to newly diagnosed adult cancer patients, as well as follow-up and survivorship care. Life Time Center officially opened on June 1st, with the grand opening of Life Time Fitness. The property is prominently situated on Route 9, located at the gateway to Chestnut Hill, a short shuttle ride from the MBTA Green Line.
Jun 19, 2017
Yotel Boston construction complete, hotel will open this Thursday in Seaport District
Construction is complete at the new Yotel Boston hotel in the Seaport District, which will open this Thursday, June 22nd with a host of new nightlife options. Yotel Boston features 326 rooms targeted towards business travelers, in addition to a year-round, indoor-outdoor Sky Lounge rooftop terrace and bar with sweeping skyline views and a ground-floor Club Lounge with co-working, meeting and dining space. Both lounges will be open to the public. The following are photographs of Yotel Boston:
Jun 15, 2017
47-55 LaGrange Street, new mixed-use tower in Downtown Crossing, approved
47-55 LaGrange Street, a new 21-story mixed-use tower in the heart of Downtown Crossing featuring 176 residences, was approved at last night (June 15th, 2017)’s Boston Planning & Development Agency (BPDA) Board Meeting. Construction of the 47-55 LaGrange Street tower is expected to commence in the fourth quarter of 2017, with expected completion in the fourth quarter of 2019. 47-55 LaGrange Street will require additional approval by the City of Boston’s Zoning Board of Appeals (ZBA) in order to proceed with construction.
Jun 15, 2017
105 West First Street, new 250,000-square-foot office building, approved in South Boston
105 West First Street, a new seven-story, 250,000-square-foot research and development (R&D) office building located in South Boston steps to Broadway Station, was approved at last night (June 15th, 2017)’s Boston Planning & Development Agency (BPDA) Board Meeting. In addition to office space, 105 West First Street will feature 1,600 square feet of ground-floor retail, 2,400 square feet of convener space, 10,000 square feet of innovation space and 3,000 square feet of tenant amenity space. 105 West First Street will require additional approval by the City of Boston’s Zoning Board of Appeals (ZBA) in order to proceed with construction. Construction of 105 West First Street is subject to finalization of necessary financing and leasing commitments.
Jun 11, 2017
Dock Square Garage, situated on 1.2 acres overlooking Greenway, listed for sale, presenting transformative development opportunity
The Dock Square Garage, a six-story, 264,462-square-foot parking structure standing on 1.2 acres of land overlooking the Rose Kennedy Greenway with transformative development potential, has been listed for sale. The property, which is located steps from Government Center and the 2.9-million-square-foot Bulfinch Crossing mixed-use development, could fetch $160 million per Banker & Tradesman, which would amount to $606 per building square foot and $133,333,333 million per acre. Existing zoning would allow up to 125 feet of height, roughly 12 stories, on the parcel, allowing for the addition of new office or residential floors above the existing garage, which was built in 1980 and renovated in 2007, or construction of a large new building. The Dock Square Garage's seller is Sullivan Properties, the building's original developer and longtime owner.
Jun 04, 2017
Construction complete at Lovejoy Wharf luxury condominiums, new renderings revealed
Construction operations at 100 Lovejoy Wharf, a new 157-residence waterfront luxury condominium building in Bulfinch Triangle, are complete, and residences are now on sale. JM Electrical Company, Inc. has put the finishing touches upon 100 Lovejoy Wharf, installing a complete building automation system. Residences at Lovejoy Wharf will feature advanced in-unit HVAC controls, tailoring to residents’ specific needs and ensuring utmost comfort. The building’s state-of-the-art automation system will control heating ventilation and air conditioning across the new building, ensuring top-notch energy-efficiency.
Amenities at the now-complete Lovejoy Wharf condominium building include a private 12th floor terrace with sweeping views, a spacious wharfside health and wellness space, resident lounge space, a business center and more. Residences are now on sale, ranging from a 10th floor, 750-square foot 1-bedroom/1-bathroom residence offered for $915,000 ($1,220 per square foot; $915,000 per bedroom) to a 5th floor, 1,601-square-foot 3-bedroom/3-bathroom residence offered for $2.6 million ($1,623.99 per square foot; $866,666.67 per bedroom). New renderings, posted above, have been revealed of Lovejoy Wharf’s stunningly luxurious interior spaces.
Jun 02, 2017
Life Time Fitness opens new club at Chestnut Hill’s Life Time Center
Life Time Fitness’ new 129,000-square-foot club at the newly built 286,000-square-foot Life Time Center health, wellness and medical development in Chestnut Hill opens its’ doors this morning. Dubbed Life Time Athletic Chestnut Hill, the club is Life Time Fitness’ first Diamond Premier location and features seven dedicated studios; LifeCafe, a full-service, fast casual restaurant and bar; and LifeSpa, a full-service salon and spa with nine serene and relaxing treatment rooms. LifeSpa will provide massages, facials and full hair and nail services. Classes at the club will include AMP, EDG and PWR cycle, Strike and TCX group fitness, barre and Pilates, in addition to an entire Yoga portfolio.
Life Time Athletic Chestnut Hill is the first opening at Life Time Center and will have access to exclusive in-house amenities, including LT Proactive Care/Chestnut Hill Medical, a medical practice, and LT Proactive Care/Chestnut Hill Physical Therapy and Chiropractic, a physical therapy center. The club will also include 26,000 square feet of functional and TEAM training space, including Life Time's exclusive Burn, Cut, Bootcamp and Alpha Training program. A Kids Academy will be dedicated to building a healthy foundation for children aged 3 months to 12 years, with classes and programming including Life Skills, Mind and Body, Fitness and Agility, Language, Arts and Culture.
In total, over 400 pieces of best-in-class cardiovascular and resistance training equipment are located at Life Time Athletic Chestnut Hill. The club is Life Time’s third Greater Boston club and first club within Route 128; two additional clubs are open in Framingham and Westwood, with another opening in Burlington in 2018. Life Time Athletic Chestnut Hill will be open seven days a week, from 4 AM through Midnight. The following are photographs of the new Life Time Athletic Chestnut Hill:
May 21, 2017
Demolition begins for construction of new 19-story Akamai headquarters in Kendall Square
Demolition of the existing four-story, 78,636-square-foot office building at 145 Broadway in Kendall Square is now underway in order to clear the site for construction of Akamai Technologies’ new 19-story, 453,768-square-foot headquarters building. The new 145 Broadway building, which is expected to open at the end of 2019, will be 100%-leased by Akamai and is the first phase of Boston Properties’ 1.1-million-square-foot Kendall Square redevelopment project. The following is a photograph of demolition underway:
May 21, 2017
Finishing touches underway at 1350 Boylston Street luxury apartments, opening this Fall in Fenway
Just about all exterior finishes have been installed along 1350 Boylston Street’s 17-story facade, with window installation complete. Inside the building, state-of-the-art finishes and appliances are being installed in 1350 Boylston Street’s distinctive luxury apartment residences, which will feature sweeping views of the Boston skyline and the Emerald Necklace. Upon completion, 1350 Boylston Street will feature 212 luxurious apartment residences and approximately 7,000 square feet of ground-floor retail space located steps to the MBTA Green Line and a short walk to the Back Bay. The following are photographs of 1350 Boylston Street:
May 18, 2017
Developer backs out of deal to acquire 16.5-acre Boston Globe headquarters in Dorchester
Center Court Properties has reportedly backed out of a deal to acquire the 16.5-acre Boston Globe headquarters in Dorchester for over $80 million. “We’re enthusiastic about exploring other possibilities,” said Globe Chief Operating Officer Sean Keohan in the Globe's report. Center Court's abandonment of the deal follows Winstanley Enterprises pulling out of its' agreement to acquire the Globe property in 2015. The Globe will still move forward with its' move to a new 75,000-square-foot office at Exchange Place in the Financial District this June.
May 05, 2017
Lovejoy Wharf luxury condos hit market, new renderings revealed
Sales have begun for the 157 new luxury condominium residences at Lovejoy Wharf, and stunning new renderings of the distinctive waterfront property have been revealed. Condominium prices start at $750,000; condominiums for sale average $1,343.26 per square foot, ranging from $755,000 for a 629-square-foot 7th floor studio to $2.6 million for a 1,601-square-foot 5th floor 3-bedroom/3-bathroom. The 15-story Lovejoy Wharf condominium building will feature state-of-the-art amenities; more information about amenities is posted above. Construction of the building is just about complete, with occupancy expected in Summer 2017. The following are the latest renderings and photographs of the Lovejoy Wharf condominium building:
Apr 20, 2017
Archdiocese, WS Development swap Seaport District chapels, investing $25 million in neighborhood
The Archdiocese of Boston and WS Development have swapped ownership of the old and new Our Lady of Good Voyage Chapels in the Seaport District, allowing for development of the old chapel site on Northern Avenue and ensuring the chapel’s continued presence in the Seaport District with the newly completed Seaport Boulevard house of worship. The swap represents a total investment of nearly $25 million in the Seaport District. WS Development acquired the 0.85-acre Northern Avenue site from the Archdiocese for $17,952,490, or $21,120,576.50 per acre. The Northern Avenue chapel will be demolished in the coming months to make way for a 499,400 square foot mixed-use building featuring 425,000 square feet of office/research space atop 69,400 square feet of retail, 4,000 square feet of cultural/educational space and underground parking. The Archdiocese acquired the 6,200 square foot new chapel from WS Development for $6,952,490, or $1,121.37 per square foot. The new chapel will officially open this Sunday (April 23rd, 2017).
Apr 10, 2017
Facade complete at Yotel Boston in Seaport District, interior fit out underway
Yotel Boston’s 12-story facade is fully installed, with all brick finishes, metal finish panels and windows installed. Interior fit out is now underway in anticipation of the hotel’s August 1st opening. Yotel Boston will feature 326 hotel rooms ideally suited for business travelers, as well as amenities including a ground-floor Club Lounge and a 12th floor indoor-outdoor roof terrace featuring stunning panoramic skyline views of the city. The following are photographs of Yotel Boston:
Apr 09, 2017
Plans revised for proposed 105 West First Street office development in South Boston
Developers Ares Management and CV Properties have revised the proposed 105 West First Street office development in South Boston in response to community feedback. The proposed building’s height has been reduced from 8 stories to 7; as a result, total proposed square footage has been reduced by 15,000 square feet to approximately 250,000 total gross square feet, and height has been reduced to 102 feet high at West First Street and approximately 90 feet high at West Second Street. For comparison, the adjacent Channel Center Garage is 102 feet high.
105 West First Street's proposed entrance along West Second Street has also been altered to have more of “a sense of presence,” mirroring the entrance to the adjacent Artists For Humanity building. Updated renderings of the proposed 105 West First Street are posted above. The developers would also financially support a community request to add a pedestrian-only cycle to the nearby intersection of West Broadway & A Street, and improve signage and crosswalk striping at the nearby intersection of West Second Street & B Street.
Apr 05, 2017
New Our Lady of Good Voyage Chapel in Seaport District opening this month
The new Our Lady of Good Voyage Chapel in the Seaport District is finished and will open this month on St. George’s Day (Sunday, April 23rd). The new 250-seat chapel, located at 51 Seaport Boulevard, will replace the current chapel on Seaport Square Block D, freeing the approximately 0.85-acre parcel for development and ensuring the presence of a place of worship in the Seaport District for years to come.
Following the new chapel’s opening, the former chapel will be demolished to make way for future development. The most recent preliminary development plans for Block D, detailed in proponent WS Development’s Notice of Project Change (NPC) for Seaport Square submitted to the Boston Planning & Development Agency (BPDA) in February 2017, call for a 499,400 square foot mixed-use building featuring 425,000 square feet of office/research space atop 69,400 square feet of retail, 4,000 square feet of cultural/educational space and underground parking. In conjunction with Block D’s development, a new head house for the Silver Line rapid transit service will be constructed at the corner of Seaport Boulevard and Seaport Common with direct visual and pedestrian access to Boston Harbor, promoting public access to the waterfront. A new street connecting Seaport Boulevard and Northern Avenue, Pier Street, will also be constructed. Completion of the Block D development is expected in 2020. Detailed plans and renderings for this development have not yet been revealed.
The following are photographs of the new Our Lady of Good Voyage Chapel:
Mar 26, 2017
Mosaic at the Riverway residences in Mission Hill now open
Mosaic at the Riverway, a 145-unit mixed-income residential building in Mission Hill, is now complete and open, with all condominiums sold and affordable apartments now leasing. Located steps to the Longwood Medical Area, Mosaic on the Riverway features 42 market-rate condominiums, 43 affordable condominiums and 60 affordable apartments. The following are photographs of Mosaic at the Riverway:
Mar 16, 2017
1.6 million square foot office and retail hub envisioned at South End's Boston Flower Exchange
Developer The Abbey Group has unveiled preliminary development plans for the 5.5-acre Boston Flower Exchange site in the South End. Per a Boston Globe report, The Abbey Group presented a vision for four lab and office buildings with ground-floor retail and restaurant space oriented about "Albany Green", a 1-acre "European [public] plaza", at a Wednesday night community meeting this week; a newly revealed rendering is posted above.
The Boston Flower Exchange project, which would total approximately 1.6 million square feet and rise about 200 feet, would also construct a new cultural center and improve the nearby South Bay Harbor Trail. “We want to extend public space across the entire ground floor of the project”, said Abbey Group Managing Partner Bill Keravuori. The Abbey Group has not yet filed plans for the project with the Boston Planning & Development Agency (BPDA).
Mar 16, 2017
Waterfront restaurant nears completion at East Boston’s The Eddy, luxury apartments now leasing
Interior fit out of Reel House, the upcoming 5,000 square foot waterfront seafood restaurant at The Eddy in East Boston, is nearly complete in advance of Reel House’s opening this Spring. Reel House will serve a “globally coastal seafood menu” and will feature a dining area with seating for over 200 people, two mahogany bars and a large outdoor patio. Sweeping views of the Boston skyline will be visible throughout the Reel House space.
Luxury apartment residences are now leasing at The Eddy. With unparalleled resident amenities including a top-floor roof deck with sweeping views, a second-floor pool deck with a fire pit and barbecues, a fitness center and a communal lounge space as well as the upcoming Reel House restaurant, The Eddy will conveniently enable a live, work and play lifestyle. For more information about leasing apartments at The Eddy and to schedule a private showing, please call 866-318-2748 or click Contact Broker above. The following are photographs of The Eddy and the upcoming Reel House restaurant:
Mar 13, 2017
Seaport District's Yotel Boston set to open August 1st, new details and renderings revealed
The brand-new Yotel Boston hotel in the heart of the Seaport District is now taking room reservations beginning August 1st ahead of the hotel's anticipated summer opening. Additionally, the Yotel Boston team has announced that "craft cocktails, local beer [and] fabulous wines" will be served at the hotel's 12th floor Sky Lounge and Rooftop Terrace, which will be open year round to both guests and the public. "Rooftop wellness classes, live music and arts collaborations" will also be offered on the 12th floor. New renderings of Yotel Boston's interior amenities have been revealed; these renderings are posted above.
Mar 13, 2017
Modern supermarket, multi-story buildings envisioned at Allston Yards
Stop & Shop has released a new rendering of what the 1.9 million square foot Allston Yards development, which will replace the grocery chain’s existing Allston supermarket, would look like. This rendering is posted above. The rendering shows a modern, distinctive 2-story supermarket building topped off with what appear to be large skylights. Surrounding Stop & Shop’s new supermarket are multiple multi-story buildings which appear to rise as high as 16 stories. Stop & Shop has not yet filed a Project Notification Form (PNF) with the Boston Planning & Development Agency (BPDA). The PNF, which is expected to be filed within the coming months, will include a timeline and detailed plans for the project.
Mar 12, 2017
Facade fully weatherproofed at 1350 Boylston Street luxury apartments in Fenway
Windows and moisture-resistant cladding have been fully installed at 1350 Boylston Street, and exterior finish panels have been installed along over half of the building's facade. Inside 1350 Boylston Street, metal framing is being erected to partition individual residential units. Opening this Fall, 1350 Boylston Street will feature 212 luxury apartment residences and approximately 7,000 square feet of ground-floor retail. The following are photographs of 1350 Boylston Street:
Mar 08, 2017
Allston Yards development moves forward with Letter of Intent filing
Stop & Shop has filed an official Letter of Intent (LOI) with the City of Boston to construct Allston Yards, a mixed-use redevelopment of the existing 11-acre Allston Stop & Shop supermarket property. Per the LOI, Stop & Shop would construct a total of 1,010 residential units along with retail, Class A office space and open public space across two phases. A new Stop & Shop supermarket would be constructed as part of the project’s first phase, allowing the supermarket to remain open throughout construction. Allston Yards will be located adjacent to upcoming Boston Landing commuter rail station, which is expected to open this May. Stop & Shop will file formal plans for Allston Yards with the City of Boston in the coming months.
Mar 07, 2017
New renderings revealed of planned Huntington Theater tower in Fenway
New renderings have been released of the tower planned at the site of the Huntington Theater in the Fenway. The latest renderings, which are posted above, show a 32-story structure with floor-to-ceiling windows on all floors as well as a large communal rooftop outdoor space. A fitness center is shown on the tower's 3rd floor, and a lounge area is shown on the tower's 4th floor. Current plans for the tower call for 350 to 400 residences above 2 stories of retail. The Huntington Theater building is planned to be retained and restored; two additional existing buildings would be demolished. Plans for the tower have not yet been filed with the City of Boston.
Mar 01, 2017
Lovejoy Wharf luxury condominium sales launching in April, new amenity details revealed
Related Beal has announced that sales of the 157 new luxury condominium residences at Lovejoy Wharf will commence in April, with occupancy slated for Summer 2017. Sales are expected to start at $750,000, with residences ranging from studios to three-bedrooms. New details of condominium amenities at Lovejoy Wharf have been released; the latest details are posted above. Distinctive amenities at Lovejoy Wharf will include a landscaped 12th floor rooftop terrace with sweeping views, as well as 34-bottle wine coolers by Gaggenau and Kaldewei deep-soaking tubs in each residence.
Feb 17, 2017
Reel House, globally-inspired waterfront seafood restaurant, opening at The Eddy in East Boston this spring
Reel House, a new waterfront restaurant featuring a "globally coastal seafood menu," will open this spring at The Eddy, the East Boston Waterfront's newest luxury building. Led by award-winning Executive Chef Marc Orfaly and owned by Navy Yard Hospitality Group, Reel House will serve a distinctive seafood menu with "a fusion of flavors" and "approachable plates" inspired by worldwide waterfront cuisines.
Designed by Sousa Design Architects, Reel House's 5,000 square foot waterfront space overlooking Boston Harbor will be open 7 days a week for lunch, brunch and dinner. The space will accommodate over 200 seated diners across a main dining room, 2 mahogany bars and a large outdoor patio facing the Boston skyline. A complimentary boat shuttle will connect Reel House and The Eddy to the Charlestown Navy Yard and Navy Yard Hospitality Group's Pier 6 waterfront restaurant. Visit ReelHouseBoston.com for more information about Reel House.
Luxury apartment residences are now leasing at The Eddy. In addition to the upcoming Reel House restaurant, Eddy residents have access to amenities including a top-floor roof deck with unparalleled views of the Boston skyline and Boston Harbor, a second-floor pool deck and more. Click "Contact Broker" above or call 617-561-9600 for more information about leasing apartments at The Eddy. The following are renderings of the Reel House restaurant space:
Feb 14, 2017
Tatte Bakery & Cafe opening at 1350 Boylston Street this Fall
Tatte Bakery & Cafe has signed a lease to open a new location on the ground floor of the upcoming 1350 Boylston Street luxury residential tower, which will open this Fall in the Fenway. Tatte's new space will occupy approximately 2,900 square feet; 1350 Boylston Street will have 7,000 total square feet of retail. The space will feature handpicked lights and antique fixtures and will serve crafted confections and cuisine for breakfast, brunch, lunch and dinner, offering future building residents a convenient and luxurious dining option.
Feb 10, 2017
Lovejoy Wharf condominiums near completion, sales start expected this spring
The 17-story, 162-unit luxury condominium building at Lovejoy Wharf, located at 131 Beverly Street in Bulfinch Triangle, is nearing completion. Facade finishes and windows have been fully installed, and condominium interior fit out is well underway. Condominium sales are expected to start this spring. The following are photographs of 131 Beverly Street:
Feb 02, 2017
South Bay Town Center structural framing rising
Structural framing for the cinema and precast parking garages at the upcoming 720,000 square foot mixed-use South Bay Town Center, opening 2018 in Dorchester, is rapidly rising. A new parking garage is 25% erected, and interior structural framing is being installed to construct individual cinema screening halls. Site work is underway to construct the project's residential component, with the construction team at work installing site utilities and removing excess soils in order to commence foundation work. The following is an aerial photograph of the South Bay Town Center site:
Feb 02, 2017
New Yotel Boston amenity details revealed
New details of amenities at the upcoming Yotel Boston have been revealed in advance of the Seaport District hotel's opening this summer. Yotel Boston will feature multiple amenities including a signature ground-floor Club Lounge and a year-round indoor-outdoor rooftop terrace. Rooms at Yotel Boston will feature adjustable SmartBeds, rejuvenating monsoon rain showers and relaxing adjustable mood lighting. A new rendering has been released of a room at Yotel Boston. The latest Yotel Boston details and renderings are posted above.
Jan 31, 2017
8-story office building proposed near Broadway Station
CV Properties has revealed new details and renderings of the proposed 266,000 square foot office building which would be located at 105 West First Street in South Boston near Broadway Station. The developer has filed plans with the Boston Planning & Development Agency (BPDA). These plans are now under official review. The following are renderings of 105 West First Street:
Jan 27, 2017
Windows and exterior finishes nearly fully installed at 1350 Boylston Street
The 1350 Boylston Street apartment and retail building's envelope is nearly weather tight, with window installation nearing completion and finish panels installed across over half of the Fenway building. At 1350 Boylston Street’s rooftop mechanical penthouse, dunnage steel has been erected to enclose utilities. Opening within the next year, 1350 Boylston Street will feature 212 luxury residential apartments with approximately 7,000 square feet of ground-floor retail. The following are photographs of 1350 Boylston Street:
Jan 26, 2017
Yotel Boston facade nears full completion, interior finishing underway
Yotel Boston's brick and metal facade is complete facing Seaport Boulevard, and just about fully complete at the building's rear. Windows have been fully installed across Yotel Boston's facade. Interior finishing of Yotel Boston’s common spaces and 326 "cabins” is now underway. Yotel "cabins" are approximately 180 square feet in size and are
positioned as an affordable option for business travelers. Yotel Boston is on track to open this summer. The following are photographs of Yotel Boston:
Jan 19, 2017
Plans filed for 21-story luxury residential tower in Downtown Crossing
Plans for a 21-story luxury residential tower proposed at 47-55 LaGrange Street in the heart of Downtown Crossing, first preliminarily revealed in Fall 2016, have been officially filed with the Boston Planning & Development Agency (BPDA). The tower would feature 176 luxury residences. Owing to the tower's walkable location and the close proximity of public transit, only 20 vehicle parking spaces would be constructed on site. Construction of the tower is expected to commence in the fourth quarter of 2017. Plans for the tower are now under official review.
Jan 19, 2017
Life Time Center interior fit out underway
Interior fit out for Life Time Fitness' upcoming 115,000 square foot Chestnut Hill location, opening Spring 2017 at the new Life Time Center on Route 9, is well underway. Over 275 construction workers are now on site daily constructing Life Time Fitness' new space. Medical and retail space at Life Time Center is now leasing. The following is a photograph of work underway at Life Time Center:
Jan 05, 2017
Exterior facade nears completion at 1350 Boylston Street
Exterior finish panels and windows have been fully installed along a large section of the upcoming 17-story 1350 Boylston Street apartment and retail tower in the Fenway. HVAC units have been installed on the tower’s roof, and framing of interior spaces is now underway. Moisture-resistant cladding has been installed along nearly the entire facade, and pouring of concrete floors is complete. 1350 Boylston Street is expected to open this fall. The following is a photograph of 1350 Boylston Street:
Jan 03, 2017
Fit out underway for waterfront restaurant opening Spring 2017 at The Eddy
Interior fit out work is underway for Navy Yard Hospitality Group and Chef Marc Orfaly’s waterfront destination restaurant opening Spring 2017 at the iconic new Eddy apartment building in East Boston. The restaurant will be located on The Eddy’s ground floor and will feature sweeping views of Boston Harbor and the Boston skyline. Open since Fall 2016, The Eddy features 258 luxury residential apartments with picturesque views. Call 855-534-3833 for information about leasing apartments at The Eddy. The following are photographs of The Eddy:
Dec 22, 2016
266,750 square foot R&D office building proposed in South Boston
CV Properties is proposing to construct a new 266,750 square foot research and development (R&D) office building in South Boston, which would be located steps to the Broadway MBTA Red Line Station. The proponent has filed a Letter of Intent (LOI) to develop the building with the Boston Planning & Development Agency (BPDA) and will soon file a Project Notification Form (PNF) with additional information.
Dec 14, 2016
Montaje, Assembly Row’s next luxury apartment community, opening mid-2017
Montaje, 447 luxury residential apartments at Somerville’s Assembly Row, will begin leasing in Spring 2017 in anticipation of a mid-2017 opening. Formerly known as Block 6 at Assembly Row, Montaje’s 20-story tower topped off last month. Exterior and interior finishing are now underway at Montaje in anticipation of leasing.
Dec 11, 2016
1,000 residential units planned for Allston supermarket site
1,000 new residential units could soon be built on the Stop & Shop supermarket site next to Boston Landing in Allston. Banker & Tradesman reports that Stop & Shop Supermarket Company is in the early stages of planning a 1,000-unit residential development that would be constructed on surface parking lots outside the existing Allston supermarket. The project would also include office and retail space.
Dec 06, 2016
South Bay Town Center foundation work underway
Concrete foundations are being installed for the future cinema and parking garages at the 720,000 square foot South Bay Town Center development in Dorchester. Across the South Bay Town Center site, which will host five new buildings on former surface parking lots, site work and utility installation are also underway. The 720,000 square foot mixed-use South Bay Town Center is expected to open in 2018. The following is an aerial photograph of the South Bay Town Center site:
Dec 04, 2016
1350 Boylston nears weather tightening
1350 Boylston will soon be weather tight and fully sealed. Along a large section of the upcoming Fenway apartment and retail building, exterior finishes are in place over 16 of 17 stories. Final concrete pouring is underway on 1350 Boylston’s top floor. Windows and finish installation systems are installed at the building’s base, and moisture-resistant cladding has been nearly fully installed. The following is an aerial photograph of 1350 Boylston:
Nov 27, 2016
Akamai announces headquarters move to new Kendall Square tower
Kendall Square-based global content delivery network (CDN) leader Akamai Technologies has announced that is has entered into an agreement with Boston Properties to fully lease 100% of office space at the upcoming 19-story 145 Broadway office tower in Kendall Square. Akamai will relocate its’ headquarters to the new building, which is scheduled to open at the end of 2019. Akamai’s lease at 145 Broadway is for 15 years. Akamai has also agreed to lease a minimum of 150,000 additional square feet of space within Boston Properties' Kendall Square office portfolio, which will represent part of the second phase of Akamai’s Kendall Square headquarters campus build out.
Occupancy of Akamai’s new headquarters will be coordinated with the lease expirations of the current Akamai office locations in Cambridge. "We look forward to creating a campus environment for Akamai's employees to further foster innovation and collaboration, and to build a headquarters that complements the thriving Kendall Square community, complete with first-floor retail space,” says Erica Chapman, Vice President, Global Real Estate and Workplace Productivity at Akamai.
Nov 27, 2016
IMP completes $187 million acquisition of Bulfinch Triangle’s The Victor
Institutional Multifamily Partners (IMP), a partnership between CalPERS of California and GID of Boston, has closed on the acquisition of The Victor, a 377,000 square foot Bulfinch Triangle luxury apartment building with ground-floor retail, for $187 million or $496 per square foot. With the acquisition, IMP has assumed the 99-year ground lease of the Victor parcel, which is owned by the Massachusetts Department of Transportation (MassDOT). “The Victor represents an opportunity to add to our portfolio in a dynamic location with incredible access to transportation, jobs and entertainment,” says Bill Chiasson, Senior Vice President of Acquisitions at GID, in an official release. The acquisition of The Victor is GID’s first in Downtown Boston. The following is the deed for IMP’s acquisition of The Victor:
Nov 23, 2016
Waltham’s The Merc now leasing
Luxury apartments at The Merc, a three-building mixed-use development in the heart of walkable Downtown Waltham, are now leasing. The final building at The Merc, which will stand prominently at the intersection of Moody and Main streets, is nearing completion with exterior finishes fully installed. The Merc is located steps to the Waltham commuter rail station. Visit LiveAtTheMerc.com for apartment leasing information. The following are photographs of The Merc:
Nov 18, 2016
1350 Boylston Street tops off
Skanska held a topping off ceremony for 1350 Boylston Street, a 17-story mixed-use tower in the Fenway, on Wednesday (November 16th, 2016). The ceremony marks completion of structural steel erection on 1350 Boylston. Work will now commence in earnest on exterior and interior finishing targeting a Fall 2017 opening.
Students from the nearby McKinley Preparatory High School joined Skanska for 1350 Boylston Street's topping off. Throughout the building's construction, Skanska has dedicated time to educating McKinley students about the construction process. “Through each of our construction projects, we aim to contribute to the communities where we work, and 1350 Boylston is a perfect example of that philosophy,” said Kerim Evin, head of Skanska’s Greater Boston building construction operations. “Our partnership with the McKinley School has benefitted our team as well as the students we’ve had the privilege of working with.” The following are photographs from the topping off:
Nov 17, 2016
Residential tower planned at Huntington Theater site
The Matteson Companies, a member of the investment group who acquired the Huntington Theater property in the Fenway, has released preliminary renderings of a 350 to 400-unit residential tower planned at the Theater site. Two existing buildings on site would be demolished to construct the tower. The theater building is currently planned to be retained. The following are renderings of the tower:
Nov 17, 2016
152-unit luxury residential tower planned in Downtown Crossing
Development partner The Matteson Companies has released preliminary renderings of a 152-unit luxury residential tower planned for the 7,500 square foot parcel at 47-55 Lagrange Street in Downtown Crossing. Retail space would be located on the tower’s first floor. The tower would be constructed on a 7,500 square foot parcel currently used as a surface parking lot.
Nov 15, 2016
Oak + Rowan, latest Fort Point restaurant, opens at 319 A Street
Oak + Rowan, a new pasta, seafood, and meat restaurant, has opened on the ground floor of the recently completed 319 A Street luxury condominium building in Fort Point. In tune with the 319 A Street building’s rich history, Oak + Rowan features a rustic brick-and-beam atmosphere graced with sleek modern furnishings and amenities. The restaurant features unique historic details including a private dining area constructed within a former elevator shaft complete with the original sliding elevator door. Visit oakandrowan.com for more information; the following is an Oak + Rowan feature by Eater Boston. The following are photographs of Oak + Rowan, courtesy Rachel Leah Blumenthal for Eater Boston:
Nov 15, 2016
Block 6 at Assembly Row officially tops off
A topping off ceremony was held Monday (November 14th, 2016) for Block 6 at Assembly Row, a 20-story development with 447 residential apartments and 40,000 square feet of retail opening in Early 2018 in Somerville’s rapidly growing Assembly Row neighborhood. Representatives of the Block 6 development and construction team gathered to sign the 20-story Block 6 tower’s final steel beam then lifted the beam and connected it to the tower’s top floor.
Block 6, along with neighboring Alloy, will bring increased vitality to Assembly Row. “We are honored to play a role in the advancement of one of the region’s most exciting new neighborhoods in collaboration with such valued partners,” said Patrick Callahan, President of Block 6 General Contractor Callahan Construction Managers. Both Block 6 and Alloy are developed by Federal Realty Investment Trust. Upon completion, Assembly Row will include over 600,000 square feet of retail, 1,800 residential units and 2.8 million square feet of office space. The following are photographs from the Block 6 topping off ceremony, courtesy the Block 6 team:
Nov 14, 2016
New entrepreneurial AC Hotel Cambridge opens to guests
The new 150-room AC Hotel Cambridge, located in West Cambridge convenient to Alewife Station, is now open to guests. The hotel is targeting modern innovators and prides itself in its’ entrepreneur-geared design. Amenities include an "artistic workspace" designed for maximum productivity, a media salon "wired for productivity" with "up-to-the-minute conference technology" and lounge space serving craft drinks from nearby distilleries and microbreweries.
Rooms at AC Hotel Cambridge are designed as "warm, Zen space to remove life’s frictions and renew energy," with the motivation that "smart design is crucial to modern business travel." Rates at AC Hotel Cambridge start at about $235 per night. Visit achotelbostoncambridge.com for more information. AC Hotels by Marriott will soon open a similar hotel, AC Hotel South End, in Boston. New photographs of AC Hotel Cambridge, courtesy AC Hotels, can be found above.
Nov 11, 2016
Derenzo completes Brookline Place demolition, site work underway
J. Derenzo Companies has fully demolished the former storefront block at Brookline Place and is now performing site work to construct a temporary surface parking lot. The temporary lot will provide parking for the existing One Brookline Place building, which will be retained, while the existing Brookline Place parking garage is demolished and a new garage is built in its’ place as part of the Brookline Place Redevelopment project. Following construction of the new garage, a new eight-story building and a new addition to One Brookline Place will be constructed. The following are photographs of the Brookline Place site:
Nov 11, 2016
Enjoy luxurious waterfront living with sweeping skyline views at The Eddy
The Eddy, a luxurious new 258-unit waterfront apartment tower overlooking the Boston skyline, is now leasing. Eddy residents will enjoy amenities including a waterfront resident lounge graced with exquisite artwork, a panoramic furnished roof deck and sweeping skyline views from every corner. A new waterside restaurant will open at The Eddy in Spring 2017. Call 855-534-3833 for more information about leasing apartments at The Eddy and to schedule a tour of the building. The following are photographs of the Eddy roof deck:
The following are photographs of an apartment at The Eddy:
The following are photographs of amenities at The Eddy:
The following are exterior photographs of The Eddy:
Oct 23, 2016
1350 Boylston Street nears topping off
1350 Boylston Street, a new mixed-use building in the Fenway, is about to top off at 17 stories tall. Moisture-resistant sheathing is being installed at the tower's base, and concrete has been poured on nearly half of the building's floors. A construction elevator is being assembled along 1350 Boylston Street's facade in anticipation of installation of exterior and interior finishes. 1350 Boylston Street is expected to open in Fall 2017; additional information about 1350 Boylston Street can be found above. The following is a tweet by Girder-Slab showing 1350 Boylston Street's nearly topped-off frame:
Thanks @SkanskaUSA for the tour of 1350 Boylston St #Boston. Girder-Slab is available competitively from your customary steel fabricators! pic.twitter.com/YzhXbbQKkv— GIRDER-SLAB® (@GirderSlab) October 19, 2016
Oct 21, 2016
Boston Global Investors selling new Seaport headquarters building
Boston Global Investors (BGI) has hired NGKF as the exclusive agent to sell its' 16,000 square foot new headquarters building located at 55 Seaport Boulevard in the heart of the Seaport District, The Real Reporter reports. The building, which contains office and retail space, reportedly could be fetching record prices. Recently completed 101 Seaport, a 440,000 square foot office building located in the Seaport District steps away from BGI's new headquarters, traded in April 2016 for $1,027 per square foot, the highest price per square foot ever recorded for a Boston office building over 200,000 square feet. As recently reported below, Boston Global Investors will move to its' new headquarters on November 1st.
Oct 16, 2016
Block 6 at Assembly Row nears topping off
The 20-story tower at Block 6 at Assembly Row is about to top off. Concrete has been poured on many floors. Exterior finish panels have been installed along a large section of the tower's steel structural frame. Moisture-resistant sheathing and fireproofing are being installed along the adjacent six-story wood-framed structure. A new pre-cast parking garage has been constructed at the project's rear. Block 6 is targeting a January 2018 opening and will contain 447 residential units and 40,000 square feet of retail space. Across from Block 6 is Alloy at Assembly Row, a mixed-use hotel, residential and retail building that is about to top off. The following are photographs of Block 6 at Assembly Row:
View From Wynn Casino Site -
Tweet by Girder-Slab with Aerial View. Alloy at Assembly Row is in foreground, Block 6 is in background -
Low Floor to Floor Heights with Structural Steel. Designed, fabricated and built by you. pic.twitter.com/YdEilAVslf— GIRDER-SLAB® (@GirderSlab) October 5, 2016
Oct 14, 2016
Yotel Boston exterior finishing underway, rooftop bar coming
Exterior finishes, which include bricks and metal panels, have been installed along a large section of Yotel Boston’s facade fronting Seaport Boulevard. Windows have been fully installed, including a distinctive vertical curtain wall at the building’s center. Fireproofing and moisture-resistant cladding are installed throughout Yotel Boston’s facade. Per the Yotel Boston Facebook page, the hotel will open Summer 2017 and will feature a rooftop bar. The following are photographs of Yotel Boston:
Oct 14, 2016
Our Lady of Good Voyage Chapel nears Easter opening
Exterior finishes are fully installed at Our Lady of Good Voyage Chapel, and interior finishing is underway. An anonymous source confirmed that the chapel is anticipated to open in April 2017 in time for Easter. The following are photographs of Our Lady of Good Voyage Chapel:
Oct 14, 2016
Boston Global Investors moving to new Seaport headquarters November 1st
Developer Boston Global Investors’ future headquarters building on Seaport Boulevard in the Seaport District is just about complete and ready for occupancy. Exterior finishes are fully installed along the four-story office building’s facade, and finishing of interior spaces is underway. An anonymous source confirmed that Boston Global Investors will move to the new building November 1st. The following are photographs of Boston Global Investors’ future headquarters:
Oct 05, 2016
Mosaic on the Riverway condominium closings underway, 100% sold out
Closings of Mosaic on the Riverway’s 85 mixed-income condominiums commenced last Friday (September 30th, 2016). 11 condominiums have closed to date for an average of $928 per square foot. Closing prices to date range from $499,408 for a 569 square foot one-bedroom/one-bathroom unit to $825,300 for an 892 square foot two-bedroom/two-bathroom unit. Mosaic on the Riverway’s condominium component is 100% sold out per the Mosaic on the Riverway condominium sales website. The 145-unit Mosaic on the Riverway contains 42 market rate condominiums, 43 affordable condominiums and 60 affordable rental units.
A 569 square foot sixth floor one-bedroom condominium at Mosaic on the Riverway has been listed for rent for $3,600/month per Trulia. The following are photographs of a completed unit at Mosaic on the Riverway via Trulia:
Oct 02, 2016
319 A Street closings underway, one unit left for sale
Sales of 37 of 319 A Street’s 48 luxury condominiums have closed to date. 47 condominiums (98% of total) are sold or under agreement, with one studio condominium remaining for sale. Units at 319 A Street to date have closed for an average of $1,200 per square foot. Closing prices range from $499,000 for a 456 square foot studio to $2.787 million for a 2,099 square foot three-bedroom/three-bathroom unit, with a median closing price of $595,000 for a 572 square foot studio. At least two sold units represent the combination of multiple units; 319 A Street was originally planned to contain studio, one-bedroom and two-bedroom units.
At least 15 units at 319 A Street have been listed for rent by their new owners per Zillow, with rents ranging from $2,400/month for a 470 square foot studio to $3,890/month for a 1,058 square foot two-bedroom/two-bathroom unit. 319 A Street’s ground-floor restaurant, Oak + Rowan, is expected to open this month per Eater Boston. The following are interior photographs of a completed unit and the roof deck at 319 A Street, courtesy property manager Luxury Residential Group, LLC:
Sep 29, 2016
One Charlestown detailed plans filed with BPDA
Proponents Corcoran Jennison and SunCal have filed a Project Notification Form (PNF) with the Boston Planning & Development Authority (BPDA) containing detailed plans for One Charlestown, the proposed $1 billion, 3.3 million square foot redevelopment of the existing 27.6-acre, 1,100-unit Bunker Hill public housing project in Charlestown; the following is a link to the PNF. One Charlestown would reconfigure the project site, replacing the existing low-rise buildings with new ones ranging from six to 21 stories tall containing a total of 3,200 mixed-income residential units and approximately 100,000 square feet of civic and retail space. All 1,100 public housing units would be preserved, and all current residents would have the right to return. One Charlestown housing units would include 750 affordable rentals, 350 senior affordable rentals, 1,500 market rate rentals and 600 market rate ownership condominiums ranging from studios to four-bedrooms.
Two new public parks would be constructed at One Charlestown along with streetscape improvements. One Charlestown would be built in three phases over an approximately
ten year period beginning in 2018. Additional information about and renderings of One Charlestown can be found above.
Sep 23, 2016
Ribbon cut on first new Watertown hotel in over 50 years
A ribbon cutting ceremony was held last Tuesday (September 20th, 2016) marking the opening of Residence Inn Boston Watertown, the first new Watertown hotel in over 50 years; the following is a link to the official press release announcing the opening. The hotel features 150 studio, one-bedroom and two-bedroom suites with guest amenities including meeting space, a swimming pool, a fitness center and complimentary on-site parking.
Residence Inn Boston Watertown is conveniently located along the Charles River a short drive to Downtown Boston. The proposed Arsenal Project, a mixed-use development that would contain approximately 500 residential units and approximately 350,000 square feet of retail, is located across from the hotel. “We built a contemporary building on purpose that has a 24/7 life to it,” said William McQuillan, Principal of developer Boylston Properties. “It’s about the future of Watertown, and it’s one of a number of projects going on in the East End that are all about the future of Watertown.”
Sep 18, 2016
Akamai Technologies signs Letter of Intent to fully occupy 145 Broadway
The Boston Globe reports that Kendall Square-based global internet content delivery leader Akamai Technologies has signed a Letter of Intent (LOI) with Boston Properties to fully occupy 145 Broadway, the proposed 19-story Kendall Square office tower that will contain approximately 454,000 square feet of office space. The move will allow Akamai to house most of its' 1,700 Kendall Square-based employees in one building; Akamai currently leases approximately 500,000 square feet across several Kendall Square buildings. Akamai's existing leases expire in 2019. Akamai is seeking a state tax break for the move, pledging to add 700 additional jobs in return.
Sep 14, 2016
286-unit Bulfinch Triangle luxury residential building selling for nearly $190 million
The Real Reporter reports that Institutional Multifamily Partners (IMP) of California will acquire The Victor, a 286-unit Bulfinch Triangle luxury residential apartment building with 17,000 square feet of ground-floor retail, from developer Simpson Housing for nearly $190 million. IMP has reportedly submitted a non-refundable deposit for the acquisition. The LEED Gold-certified Victor opened in 2013 and cost $140 million to build; the building is located on a state-owned parking lot. Rents at The Victor range from $2,705/month for a studio to up to $5,250/month for a two-bedroom unit per the Victor leasing website.
Aug 31, 2016
19-story office tower proposed in Kendall Square
Boston Properties has filed formal design plans with the City of Cambridge to construct 145 Broadway, a new 19-story, 454,000 square foot office tower in the heart of Kendall Square at the intersection of Broadway and Galileo Galilei Way; the following is a link to the Design Review Submission for 145 Broadway. An existing four-story, 87,636 square foot office building would be demolished; demolition could commence in 2017. The Cambridge Planning Board will consider Boston Properties' plans at a public hearing on September 20th. 145 Broadway is the first step of Boston Properties' planned 1.1 million square foot Kendall Square mixed-use redevelopment project; the following is a link to Boston Properties' full project Concept Plan.
Aug 22, 2016
The Eddy, opening September on the East Boston Waterfront, ready to welcome residents
The Eddy, a 16-story, $135 million mixed-use tower on the East Boston Waterfront, is ready to welcome its first residents this coming month. Visit the Eddy website for residential leasing information. The Eddy will feature 258 studio, one and two-bedroom residences with a ground-floor waterfront destination restaurant operated by Navy Yard Hospitality Group and Chef Marc Orfaly. State-of-the-art residential unit finishes are designed in keeping with the building’s waterfront location, with blue kitchen tiles, an open floor plan and oversized windows throughout. With sweeping harbor and skyline views from every corner, and a particularly breathtaking vista from the top-floor communal roof deck, The Eddy is a uniquely positioned offering that is sure to be a great place to call home.
Matt Edlen, Director of Acquisitions and Development at Gerding Edlen, sees being able to invite people to experience the East Boston neighborhood as “a tremendous opportunity.” In addition to “very cool, show-stopping” water views that will be “a huge part” of the Eddy resident experience, explains Edlen in an interview with BLDUP, East Boston is “contextually is not the same [experience] you would find in Back Bay or downtown,” with unique culture, art and food and an inherent sense of community. Kelly Saito, a Partner at Gerding Edlen, notes in an interview with BLDUP that while East Boston “seems distant across [Boston Harbor], it is actually really well connected.” With Downtown Boston one subway stop away, Saito notes, East Boston is a “very viable place to live for downtown workers” that is close to, but outside of, downtown and surrounded by water, parks and beaches. “The most unique thing about [The Eddy] is the views,” explains Saito, but “the biggest surprise will be its’ convenience.”
The following are photographs of views from The Eddy’s top-floor roof deck:
The following are photographs of the Eddy building:
The following are photographs of a unit at The Eddy:
The following are photographs of the pool deck at The Eddy:
The following are photographs of the Harborwalk and waterfront park at The Eddy:
Aug 20, 2016
One Charlestown development moving forward, Letter of Intent filed
Proponents Corcoran Jennison Associates and SunCal filed a Letter of Intent (LOI) with the Boston Redevelopment Authority (BRA) last Tuesday (August 16th, 2016) to construct One Charlestown and anticipate filing an Expanded Project Notification Form (EPNF) with additional information and renderings within the next 30 days. The proposed One Charlestown would revamp the existing 27.6-acre, 1,100-unit Bunker Hill public housing project into 3,200 mixed-income residential units with a neighborhood retail component. The following is a link to the LOI for One Charlestown; additional information about the One Charlestown proposal can be found above and at the One Charlestown website. The following are renderings of One Charlestown:
Jul 22, 2016
Envoy Hotel sold to Hersha Hospitality for over $70 million
Norwich Partners, developer of the Envoy Hotel in Boston's Seaport District, has sold the Envoy Hotel building for $70,789,300 to Hersha Hospitality of Pennsylvania as recorded today in the Suffolk County Registry of Deeds. Norwich Partners acquired the hotel site in December 2011 for $8,998,000 and secured $38.5 million in financing for the project through RBS Citizens NA in August 2013. The Envoy Hotel broke ground in October 2013 and cost approximately $70 million to build.
The Envoy Hotel, open since summer 2015, features 136 keys as well as the popular Lookout rooftop and Outlook restaurants/bars. The hotel was voted Best New US Hotel of 2015 by USA Today. The following is the deed for the sale of the Envoy Hotel to Hersha Hospitality:
Jul 21, 2016
Center Court Properties acquiring Boston Globe’s Dorchester headquarters
Banker & Tradesman reports that David Ridini of Center Court Properties, based in New York, will acquire The Boston Globe’s 16.5-acre Dorchester headquarters facility for approximately $80 million. The sale price would top the $70 million that John Henry paid to acquire The Boston Globe in 2013.
Ridini is a partner in JDMD Owner LLC, developer of the 71-unit Archer | Donahue condominium project on Beacon Hill approved by the Boston Redevelopment Authority for construction this month. Ridini is also a partner in 171 Tremont LLC, developer of the 18-unit 171 Tremont Street condominium project in Downtown Crossing. Ridini is also a partner in CC Bunker Hill Owner LLC, who acquired the 52,944 square foot Bunker Hill Business Center at 440 Rutherford Avenue in Charlestown for $14.725 million in September 2015.
Jul 20, 2016
Our Lady of Good Voyage Chapel exterior nearing completion, new cross installed
Our Lady of Good Voyage Chapel's exterior is nearing completion, with brick finishes and slate roofing just about fully installed. Windows are installed as well, and a cross was lifted to the steeple's top in June. Work is now underway to prepare the Chapel's interior. The chapel, located at the gateway to Boston's Seaport District, could be completed this summer, with a possible Christmas opening. The following are photographs of Our Lady of Good Voyage Chapel:
Chapel along Sleeper Street
Chapel along Seaport Boulevard
More information about Our Lady of Good Voyage Chapel is posted below.
Jul 18, 2016
Boston Globe reaches agreement to sell 16.5-acre Dorchester headquarters
The Boston Globe reports that it has reached an agreement to sell its 16.5-acre headquarters facility located along Morrissey Boulevard and Interstate 93 in Dorchester. A locus map of the facility is posted above. The 16.5-acre facility includes the 815,000 square foot Boston Globe headquarters building in addition to surface parking lots.
Citing a confidentiality agreement, The Boston Globe has not disclosed the facility's buyer. The Boston Globe's headquarters will move to Exchange Place (53 State Street) in Downtown Boston, and printing and delivery operations will move to a new facility in Taunton, MA. This page will be updated with additional details as they become available.
Jun 30, 2016
1350 Boylston Street foundation nearly complete, superstructure steel rising
1350 Boylston Street’s concrete foundation is nearly complete, and the 18-story elevator core is finished. Concrete has been poured along the entire base of the 105-car underground parking structure. The horizontal foundation support system, used to reinforce the under-construction foundation, has been dismantled. Steel forms are posted along the sides of the parking structure; concrete will soon be poured into these forms to complete 1350 Boylston Street’s foundation. Additional concrete framing equipment is staged along the base, as well as cast iron pipes that will be used to construct the building’s drainage system.
Superstructure construction at 1350 Boylston Street is off to a strong start; vertical steel girders are installed along nearly the entire parking structure’s base. 1350 Boylston Street will be a 17-story building that will feature 212 rental residential apartments and approximately 7,000 square feet of ground-floor retail space.
View of superstructure steel and foundation from Private Alley 932
Panoramic view of construction site from Private Alley 932
Foundation under construction
Material for drainage system
View of superstructure steel and foundation from corner of Boylston Street and Kilmarnock Street
Tower crane and elevator core
More information about 1350 Boylson Street is posted below.
Jun 22, 2016
Exterior shell of Mosaic on the Riverway is sealed, condos over 95% sold
Installation of windows at Mosaic on the Riverway is complete, and the exterior of the building is completely sealed from the elements. Exterior finishes are nearly fully installed, and installation of interior finishes is underway. Per the Mosaic on the Riverway project website, condominiums are over 95% sold with one remaining. Mosaic on the Riverway will contain a mix of homeownership condominiums and rental apartments.
Looking west on Fenwood Road
View from Riverway
View from Riverway
View from Brookline Avenue
View from Riverway
USG Securock Sheathing (green) and Carlisle Waterproof Coating (blue) are installed along the Mosaic on the Riverway facade, providing a moisture and mold resistant air/water barrier system. Exterior finish panels are being installed along the facade using a pulley system anchored at the roofline. VMZINC facade application material is being used to affix finish panels.
South corner of building
East corner of building
Pulley system anchored on roof
Crates of VMZINC facade material
Installation of facade
Work is underway on sidewalks and curbing surrounding Mosaic on the Riverway.
Workers curbing out the project
Excavation rigs and telescoping forklift
More information about Mosaic on the Riverway is posted below.
May 26, 2016
Abbey Group confirmed as Boston Flower Exchange developer
In today's Boston City Council meeting, Boston Flower Exchange developer The Abbey Group gave a brief overview of the potential redevelopment program. The Abbey Group hopes to construct a commercial component to the project that would include space for technology companies. The project could also include residential and retail components.
The Abbey Group has not yet closed on the acquisition of the 5.5 acre Boston Flower Exchange parcel. This page will be updated with additional details as they become available. A live stream of the Boston City Council meeting is available here.
May 13, 2016
South Bay Town Center approved for construction
The Boston Redevelopment Authority approved South Bay Town Center for construction at last night's board meeting. Located in Dorchester at the existing South Bay Center shopping mall, the 720,000 square foot mixed-use development project will include approximately 475 residential units, 120,000 square feet of retail space, a 60,000 square foot cinema and a 130-room hotel. Construction of South Bay Town Center could start in the third quarter of 2016.
A rendering of South Bay Town Center is posted above. More information about South Bay Town Center is posted below.
May 10, 2016
Elevator core at 1350 Boylston Street tops off
1350 Boylston Street's elevator core has topped off. At the top of the elevator core is a decking system that was used to frame pouring of concrete to construct the core.
1350 Boylston Street's topped-off elevator core. Note decking at top of core.
View of 1350 Boylston Street's elevator core from nearby Pierce Boston
Construction of 1350 Boylston Street's 17-story steel superstructure has begun. The first pieces of superstructure steel have been installed at the building's base.
Vertical pieces of superstructure steel installed at 1350 Boylston Street
View of rising steel superstructure (center) with respect to elevator core (left) and sheet pile wall (right)
At the base of the parking structure, the construction team is assembling a PERI Skydeck system that will be used to frame pouring of concrete to construct 1350 Boylston Street's superstructure. A similar system is being used to build Pierce Boston, a 30-story tower also under construction in the Fenway neighborhood.
At the parking structure's base are the walls and yellow beams used to build the Skydeck system
Concrete for 1350 Boylston Street's mat foundation has been poured at the base of the parking structure. Additional foundation concrete is now being poured vertically along the sheet pile wall. With foundation concrete poured and superstructure construction underway, 1350 Boylston Street's horizontial foundation support system will soon be dismantled.
View of foundation support system extending horizontially across the poured foundation
View of foundation concrete poured vertically along the sheet pile wall up to the horizontal foundation support system. Concrete will be poured along the entire sheet pile wall following dismantling of the support system.
View of foundation support system against sheet pile wall
View of foundation support system against sheet pile wall
More information about 1350 Boylston Street is posted below.
Feb 20, 2016
Tower crane installed at 1350 Boylston Street
A tower crane has been installed at 1350 Boylston Street, signaling the impending start of elevator core and superstructure construction. When we arrived at 1350 Boylston Street, tower crane installation had just been completed. The crane used to build the tower crane was parked on site.
View of completed red tower crane (right) beside the white crane (left) used to build the tower crane
A second smaller white crane was also present, presumably to lift the excavators out of the nearly fully excavated parking structure.
At right is the larger white crane used to build the tower crane. At left is the smaller white crane, which has presumably just lifted the yellow excavator beside it out of the parking structure.
View of both white cranes along Boylston Street
View of white crane securing system
Excavation of 1350 Boylston Street's foundation and parking structure is almost complete. Foundation concrete will soon be poured along the sheet pile wall and the base of the parking structure.
An excavator at the base of the nearly fully excavated foundation. Along the perimeter of the foundation is a sheet pile wall horizontally reinforced by a foundation support system.
May 02, 2016
Huntington Avenue theater sale closes for $25 million
The sale of the Huntington Avenue theater property, owned by Boston University for 62 years, to QMG Huntington LLC closed today for $25 million as recorded in the Suffolk County Registry of Deeds. QMG Huntington LLC is a limited liability company with an address of 133 Pearl Street, home of developer GFI Partners. It was previously reported by BU Today that developer John Matteson, whose firm The Matteson Companies is a development partner of GFI Partners, was involved with the investment group acquiring the theater property. QMG Huntington LLC's registered manager is local real estate investor Fan Du of Qianlong Property Development.
The following is the deed for today's sale of the Huntington Avenue theater property to QMG Huntington LLC:
May 01, 2016
319 A Street's historic exterior restored as summer 2016 opening nears
319 A Street's historic exterior has been restored as the building's summer 2016 opening nears. New windows have been installed along the building's facade. These windows have been expertly designed to meet historic specifications, restoring 319 A Street to its original glory.
319 A Street facade with new windows
319 A Street facade with new windows
319 A Street was originally a leather warehouse for the Kistler Leather Company. The building later housed P. Pastene & Company
, a food importer and retailer. The alley adjacent to 319 A Street is known as Pastene Alley to this day.
Historic photograph of 319 A Street as P. Pastene & Company
Work is moving forward on 319 A Street's rooftop terrace. Steel framing has been erected for elevator and stair access to the roof.
Steel framing for 319 A Street roof elevator and stair access
Interior work continues on 319 A Street's 48 luxurious condominiums and on the Oak + Rowan
restaurant in the building's ground floor retail space. 319 A Street's newly restored exterior is a prominent feature along A Street.
319 A Street facade as seen from vicinity of Necco Court
More information about 319 A Street is posted below.
Apr 01, 2016
Related Beal sells Lovejoy Wharf building for $150M
Related Beal's sale of the Hoffman Building, located on Lovejoy Wharf, to Union Investment of Germany closed Thursday. Recorded sale price is $150,000,001. Related Beal acquired the Hoffman Building, located at 160 North Washington Street, for $11,250,000 in 2012. The agreement for the sale was first reported in November 2015 by Banker and Tradesman.
The Hoffman Building houses the headquarters of shoe manufacturer Converse and contains a total of 214,000 square feet of office space. Related Beal remains the owner and developer of 131 Beverly Street, an under-construction condominium tower located on Lovejoy Wharf adjacent to the Hoffman Building. 131 Beverly Street will contain 162 residential units across 17 stories. Additional information about the Lovejoy Wharf project is posted below.
The following is the deed for Thursday's sale of The Hoffman Building to Union Investment:
The following is the deed for Related Beal
's acquisition of The Hoffman Building in 2012:
Mar 30, 2016
The Royal Belmont, currently pre-leasing, tops off
The Royal Belmont has topped off, and exterior finishes are being installed across the project's five residential buildings. The building permit for the project was issued on March 5th, 2015. Anticipated opening of The Royal Belmont is in summer 2016; apartments are currently pre-leasing.
A new photograph of The Royal Belmont is posted above. Additional project information is posted below.
Mar 30, 2016
AC Hotel Cambridge on schedule for August 2016 opening
AC Hotel Cambridge is fully topped off, and windows and sheathing have been installed. Exterior finishes will soon be in place, giving AC Hotel Cambridge a distinctive presence at the Cambridge Discovery Park and along Route 2.
Anticipated opening of AC Hotel Cambridge is in August 2016. Hotel guests at AC Hotel Cambridge will be surrounded by nature in a unique location steps to public transportation and a short drive to downtown Boston:
New photographs of AC Hotel Cambridge are posted above. Additional project information is posted below.
Mar 21, 2016
BU Today reports the Huntington Avenue theater property currently owned by Boston University is under agreement for $25 million to an investment group working with Boston-area developer John Matteson. Matteson is currently a partner at Harbinger Development, a Wellesley-based real estate investment firm currently developing the Haymarket Hotel and Parcel A Hotel in Boston. Matteson is also the founder and CEO of real estate investment firm The Matteson Companies.
Following closing of the sale, the Huntington Theater Company will receive rent-free use of the Huntington Avenue property, on which it has operated for 34 years, through June 2017. BU Today reports that Matteson is speaking with the theater company regarding the possibility of continued use of the Huntington Avenue property past June 2017. The sale includes the 890-seat theater building at 264 Huntington Avenue in addition to two adjoining buildings at 252 and 258 Huntington Avenue. The three buildings have been owned by Boston University for 62 years.
Mar 04, 2016
Yotel Boston's foundation is nearly complete. Excavation has concluded, and concrete will soon be poured. The following is a photograph of the Yotel Boston construction site:
Mar 04, 2016
Exterior finish installation underway at Our Lady of Good Voyage Chapel
Exterior finish installation is underway at Our Lady of Good Voyage Chapel. Moisture-resistant cladding and fireproofing have been installed along much of the Chapel's completed steel frame. The future Chapel bell was installed in the future steeple on February 12th.
Chapel along Sleeper Street
Chapel along Seaport Boulevard
Mar 04, 2016
Concrete has been poured on the pile caps of Block H Offices' foundation. With pile driving complete, excavation of Block H Offices' foundation is moving forward. The following is a photograph of Block H Offices:
Feb 23, 2016
In an update delivered today by Boston Global Investors Managing Director John Hynes at a Seaport Square Parcels M1 and M2 public meeting, it was announced that a CapitalOne 360 cafe and bank will occupy the ground-floor retail space at the Block H Offices building on Seaport Boulevard.
Feb 19, 2016
Ten New's facade is just about complete. Interior work continues to progress on the 16-story building's apartments, resident amenities and ground-floor commercial space. Located on Boston Harbor, Ten New residents will enjoy sweeping views of the downtown Boston skyline. Ten New's ground floor is anticipated to house a waterfront restaurant.
Feb 11, 2016
UPDATE: Buyer is Boston developer GFI Partners.
BREAKING: A deed was recorded in the Suffolk Registry of Deeds transferring ownership of the Downtown Crossing parking lot at 47-55 Lagrange Street to QMG Lagrange LLC, a limited liability company with an address of 49 Melcher Street in Fort Point. 47-55 Lagrange Street is located steps to a number of development projects. Recorded sale price is $3,950,000.
Deed for the sale:
Feb 08, 2016
The Boston Flower Exchange will likely be sold to local developer The Abbey Group, according to sources familiar with the deal. The Boston Flower Exchange has been told to move out by the end of 2016. Sale of the property has not yet closed.
Jan 29, 2016
Pile driving and foundation work are moving forward at Boston Global Investors' new four-story office building on Seaport Square Parcel H in Boston's Seaport District. Boston Global Investors will relocate its' headquarters to the building once complete; Boston Global Investors is currently headquartered in Boston's Financial District. The building is located in between under-construction Yotel Seaport Boston and Our Lady of Good Voyage Chapel, both of which are also developed by Boston Global Investors.
Jan 28, 2016
The Seaport District parcel approved for construction of The Residences at 399 Congress Street was sold today by Madison Seaport Holdings LLC to 399 Congress LLC, an affiliate of developer Crescent Heights. Sale price was $36,000,000.
The parcel was last sold in 2006 to Madison Seaport Holdings LLC for $5,650,000.
Jan 27, 2016
With piles driven, construction is moving forward on Yotel Seaport Boston's foundation; digging is currently taking place. Yotel Seaport Boston's frame will rise above the foundation pictured and will also extend over the existing MBTA Silver Line transit station, towards recently-completed Watermark Seaport. Yotel Seaport Boston is an exciting addition to Boston's growing Seaport District, providing today's travelers and innovators with a unique, affordable place to stay in Boston's most innovative Seaport District.
Jan 27, 2016
Our Lady of Good Voyage Chapel frame nearing completion
The frame of Our Lady of Good Voyage Chapel is just about complete. Welding is wrapping up, and walls and finishes will follow shortly. Our Lady of Good Voyage Chapel brings added character to Boston's growing Seaport District, serving as a unique and distinctive gateway to the neighborhood. The under-construction Chapel is being built in place of the existing Our Lady of Good Voyage Chapel located on Seaport Square Parcel D, which will eventually be demolished to make room for additional development.
Jan 15, 2016
Exterior finishes and glass are just about fully installed at Ten New!
Jan 12, 2016
Foundation construction underway at 1350 Boylston Street
Foundation construction is underway at 1350 Boylston Street. The construction crew is currently excavating the building’s future basement and underground parking garage.
Excavation underway at 1350 Boylston Street
Excavation underway at 1350 Boylston Street
A sheet pile wall has been constructed along the perimeter of the 17-story building's foundation. An excavation support system has been installed horizontially across the foundation area to reinforce the completed sheet pile wall.
Excavation support system reinforces sheet pile wall
View of excavation support system across foundation area
Oct 20, 2015
Burger King demolished
Burger King has been demolished, and construction of the new 17-story building at 1350 Boylston Street will commence
by the end of the month.
1350 Boylston Street parcel, now vacant
Jun 14, 2015
Burger King demolition imminent
Construction fencing has been installed surrounding the 1350 Boylston Street parcel, signaling the imminent demolition of the Burger King restaurant structure to make way for a new 17-story building.
Construction fencing surrounding Burger King
Jan 06, 2016
Brick finishes have been installed along much of 131 Beverly as the building moves closer to topping off! New photographs posted.
Jan 01, 2016
131 Beverly's frame is about to top off! New photographs posted.
Dec 29, 2015
Shell nearly sealed at Mosaic on the Riverway
Exterior finishes and windows are nearly fully installed at Mosaic on the Riverway. Work will soon commence on interior finishes.
Frontage along the Riverway
Frontage along the Riverway
Installation of windows and finishes underway
Frontage along Brookline Avenue
Frontage along Brookline Avenue
Dec 09, 2015
The City of Newton's Board of Aldermen voted last night to approve 28 Austin Street for construction.
Nov 24, 2015
We visited under-construction 131 Beverly Street on Lovejoy Wharf. Consigli Construction is hard at work, and the building's core continues to rise. When complete, 131 Beverly Street will be 14 stories tall. View our photographs of 131 Beverly Street above and learn more about the project below.
Also, Steve Adams of Banker and Tradesman reports that developer Related Beal is expected to sell the recently-completed Hoffman Building on Lovejoy Wharf, currently home to Converse headquarters, to a German pension fund for $150 million: http://www.bankerandtradesman.com/2015/11/german-fund-exse-hq-for-150m/
Nov 16, 2015
We stopped by the 6-26 New Street, since officially named Ten New, construction site and were excited to see that installation of finishes had progressed significantly! We were able to gain a closeup view of the finishes as they were delivered on street level; see our photographs above. Ten New was officially topped off on Friday, November 13th; congrats to Gerding Edlen, Suffolk Construction and all involved!
Nov 09, 2015
We stopped by 6-26 New Street last week and were thoroughly impressed. The building has grown significantly and appears just about ready to top off. Finishes and windows are also beginning to be installed on the building's ground floors. With its added height, 6-26 New Street is now visible from all around, throughout East Boston as well as from downtown Boston.
Nov 02, 2015
Olmsted Place opened yesterday, November 1st, 2015, to new residents. The following are photographs of Olmsted Place taken on opening day:
Oct 18, 2015
Recently-completed One Greenway stands proudly at the front of downtown Boston's southern skyline! Check out our photograph above of One Greenway as seen recently from the South End at Ink Block.
Previous five photographs above, taken in April 2015, show the final months of construction at One Greenway.
Oct 16, 2015
Interior demolition moving forward at 319 A Street
Thank you to general contractor Lee Kennedy Company
for giving us an inside look at progress on 319 A Street! Renovation and restoration of the historic warehouse into 48 luxurious condominiums is progressing swiftly, on target for summer 2016 completion.
Interior demolition is well underway. We were impressed by the abundance of natural lighting in 319 A Street's interior spaces!
Interior demolition on 319 A Street fifth floor
Interior demolition on 319 A Street fifth floor
Interior demolition on 319 A Street fifth floor
Interior demolition on 319 A Street first floor
The construction team will soon remove 319 A Street's windows and thoroughly restore the historic facade. Scaffolding has been partially installed surrounding the building.
319 A Street scaffolding seen from Summer Street
319 A Street scaffolding seen from Melcher Street
319 A Street's new windows will be crafted to meet the building's historic specifications. Condominiums at 319 A Street will feature unique views of the Fort Point neighborhood streetscape.
View of 319 A Street from vicinity of Necco Street
View from 319 A Street fifth floor towards Channel Center
Lee Kennedy Company has established a field office in 319 A Street's future retail space, which will be home to restaurant Oak + Rowan
Entrance to Lee Kennedy Company field office
Lee Kennedy Company field office interior
Oct 06, 2015
Work begins at 319 A Street
Interior demolition work is starting at 319 A Street. Demolition is taking place in 319 A Street's future retail space, which will house a new restaurant, Oak + Rowan
Demo! Sawdust makes us happy. #fortpoint #CRGthird #restaurantopening pic.twitter.com/ub3yPXalMA— Oak + Rowan (@OakandRowan) September 22, 2015
Fencing has been installed surrounding 319 A Street, and construction boom lifts have been parked on site. The construction team is preparing to remove and replace 319 A Street's windows.
Fencing and construction boom lifts along Pastene Alley
Work starting on removal of windows
New marketing banners have been hung along 319 A Street's historic facade.
319 A Street facade with new marketing banners
319 A Street facade with new marketing banners
Developer Boston Residential Group and investment partner Broder Properties closed on the acquisition of 319 A Street on June 24th, 2014 for $12.5 million as recorded in the Suffolk County Registry of Deeds. 319 A Street's seller was a partnership of Synergy Investments and Divco West. The following is the deed for the sale of 319 A Street:
Oct 01, 2015
We stopped by 6-26 New Street on the East Boston Waterfront recently. Construction is progressing smoothly. We are excited to watch this game-changing development continue to take shape!
Sep 24, 2015
Mosaic on the Riverway tops off
A topping-off ceremony was held today
for Mosaic on the Riverway. Expected completion of the project is in 2016.
Sep 24, 2015
Envoy Hotel now open
The Envoy Hotel officially opened
today! Also open are the hotel's new Lookout and Outlook restaurants
Sep 13, 2015
Construction starts at Our Lady of Good Voyage Chapel
Construction has started on the new Our Lady of Good Voyage Chapel in Boston's Seaport District, with initial excavation underway. The following is a photograph of the Chapel site:
The following is a link to more photographs
by excavator The Welch Corporation.
Jun 01, 2015
Converse moved into its completed space at 160 North Washington Street in mid April 2015. Soon afterwards, the new Harborwalk space on Lovejoy Wharf opened to the public. 131 Beverly Street broke ground in late April 2015 and is expected to be complete by spring 2017.
Apr 30, 2015
We stopped by 6-26 New Street recently. Construction appeared to be actively progressing. At the time, demolition of the structurally unsound nine-story building was not yet approved. (The Boston Redevelopment Authority approved the new development plans on April 16th, 2015.) The tallest building shown on site is the nine-story building that would have been renovated along with a seven-story height addition. Both buildings shown in our site photos will now be demolished, and new ones will be built in their stead.