First Condo Units Ready for Occupancy at One Dalton
A certificate of occupancy has been issued for a majority of the condominium units on floors 26 through 32 at One Dalton. With this CO in place, closings are also beginning to come in for the luxury project. The 180 condos within One Dalton sit above the 215 room Four Seasons hotel which opened at the end of May. Residents will have access to both the hotel amenities including a fitness center, spa, and curved lap pool and a private club on the 50th floor of the building. Final finishing is expected to last through this summer with the building fully complete sometime in September.
Wood Framing Going Up for Orient Heights Phase II
Wood framing is in progress for the second phase of the Orient Heights redevelopment project. All existing buildings, dating back to 1951, will be demolished and replaced with new townhouse and mid-rise buildings. The new buildings will contain a total of 331 public housing units ranging in size from one to five bedrooms. This phase will include two new townhomes and one midrise building, totaling 88 units.
ICYMI Encore Boston Harbor is Now Open
In case you had skipped town for a weekend break or may be living under a rock, Encore Boston Harbor is now open. The massive, 3 million square foot project which officially broke ground in early August of 2016 welcomed large crowds on opening day June 23rd. Around 7,400 construction workers helped build the $2.6B project. The Encore features...
- 671 guest rooms ranging in size from 650 - 5800 square feet- 210,000 square foot of casino space including 3158 slot machines & 231 table games- 15 restaurants & 5 shops- 50,000 square feet of meeting space- 26,000 square foot spa- Public waterfront park with boat dock
Inside One Dalton
On our previous visit to One Dalton this past fall, Boston’s newest skyscraper was still very much a construction site. Now with the Four Seasons open the property has been transformed into the 5-star, luxurious yet subtle retreat synonymous with the brand. During a tour hosted by the developer, Richard Friedman, President and CEO of Carpenter and Company, we got a look inside Boston’s second Four Seasons.
The One Dalton, Four Seasons Hotel Entrance. Residents will enter through a separate entrance to the property around the corner.
Developer Richard Friedman, President & CEO of Carpenter and Company, in one of the three duplex penthouses at One Dalton
After buying the land 7 years ago, One Dalton has been a long time in the making for Friedman and his team. Friedman, who will live at the property himself, mentioned it has been an “amazing experience to change the skyline” and he expects when fully complete One Dalton will be the “social hub of the city”.
In talking with Darren Messina, Executive VP Design and Construction at Carpenter and Company, we learned of some of the challenges the construction team faced while bringing the 742-foot tower to life on this postage stamp site. To mitigate movement, the team installed a giant belt truss around the 24th floor of the building, something that had never been done before in Boston. Messina credits Rachel Parks, at Suffolk Construction, with making this happen by creating the BIM modeling for this complex piece of the puzzle. The logistics of delivering the tons of concrete necessary for the poured-in-place reinforced concrete columns, core walls, and slabs and ensuring the proper strength also kept the construction team on their toes.
The view from the last remaining penthouse home at One Dalton
Up in the last available penthouse (a steal at around $40M) work still remains to be finished however the scale of the 7,500 square foot, duplex unit is impressive and the views of course amazing. Last time we visited we took the hoist elevator to the top of the tower. Luckily this time the permanent elevators were in place and when moving at top speed will transport residents to the 61st floor in under a minute.
Down a few levels, interior finishing is a bit further along for the other condo residences. These homes come with a choice of 3 kitchen cabinet, countertop, and flooring options. Wolf and sub-zero appliances are of course included. While the team won't tell us how many of the 160 condo units have been sold, they did comment that One Dalton is the fastest selling Four Seasons project to date.
Interior finishing is still wrapping up for the condo residences at One Dalton.
On the Wellness Floor (the 7th floor) the 2,500 square foot fitness center, offers an array of equipment selected by renowned celebrity trainer, Harley Pasternak. Also on this level is the gorgeous, curved lap pool and the spa. All amenities on the Wellness Floor are available for both residents and guests to utilize. Condo owners will also have access to their own private amenities including the 24th floor Entertainment Gallery featuring a golf simulator, private theater, and family activity center. On the 50th floor, the 50/50 Club designed by the interior designer and architect Thierry Despont offers residences an exclusive club and lounge featuring more of those wonderful views of the Charles River and Boston skyline.
The Wellness Floor at One Dalton features a fully equipped fitness center, lap pool, and spa.
Within the hotel's, 215 guest rooms, no detail has been left ignored including 6 different types of wallpaper in a deluxe guest room, a tv in the bathroom mirror, voice-activated remotes along with fine crystal for the bar and herringbone china for your morning coffee. The property also boasts 2GB internet, the fastest network in Boston (right behind MIT).
Guests rooms at One Dalton feature a mix of modern & classic finishes.
A key piece of the One Dalton finishing is the art curated by Kate Chertavian. Chertavian, who has over 25 years of experience curating independent projects, traveled the world finding unique and fitting pieces for the project with Friedman. While we are certainly not art critics, the pieces chosen throughout the lobby and hotel space are all unique and beautiful but not stuffy or pretentious.
A sampling of the art specially curated for One Dalton.
Our final stop of the tour was the globally renowned Zuma restaurant. The restaurant space, designed by Studio Glitz, features a variety of textures, including wood, stone, glass, and metal to offer the visitor hidden pockets of discovery throughout the space. The restaurant is definitely eye-catching and the cocktails and food we sampled were delicious. Zuma's GM says business has been busy with bookings being made 3 weeks in advance.
Along with final finishing on the condos, yet to come at One Dalton is the Trifecta Bar, named for the soft triangle design of the building. Currently blocked by the crane, future guests of the hotel will walk through this bar to access the elevators. A small park across from the hotel entrance is also now underway, adding some green space to the project site. The development team expects construction to be 100% complete sometime in September.
Four Seasons One Dalton Now Open
The Four Seasons One Dalton is now open and welcoming guests to its 215 rooms. Boston's newest skyscraper features the hotel rooms on the lower floors topped by 180 luxury condos. Residents and guests alike will have access to luxury service and a full suite of amenities including The Wellness Floor. Spanning the entire 7th floor, The Wellness Floor features a fitness center, 64-foot lap pool, and salon, all overlooking Back Bay. Also now open within One Dalton is global dining sensation Zuma. Zuma specializes in dishes designed for sharing from three open kitchens: the main kitchen, sushi counter, and robata grill.
Demo Wrapping Up for Phase II of the Orient Heights Redevelopment
Demo of four existing buildings within the Orient Heights Development is wrapping up to make way for two new townhomes and one midrise building. The new buildings will include a total of 88 state public housing units. This is the second phase of the master plan to redevelop the 331 units of affordable housing located at the existing Orient Heights development in East Boston.
Construction Nearing Completion at One Dalton: Expected Opening Late April
The tower crane for the 61-story One Dalton has started shrinking as construction is nearing completion for one of Boston's most anticipated projects. The 712,500 square feet development will include 180 luxury condos along with a 215 room Four Seasons Hotel. Residents and guests alike will have access to an array of amenities including a fitness center and spa with lap pool, Zuma Restaurant, and a 5,000-square-foot park designed by award-winning landscape architect Michael Van Valkenburgh. One Dalton is expected to open late next month.
Interior Finishing Wrapping up for Pier 4 Luxury Condos
With completion expected this spring interior finishing is wrapping up for the 106 luxury condo homes at Pier 4 Phase II. Each waterfront residence features an expansive private balcony with direct water views along with custom designer finishes. Resident amenities will include white-glove concierge service, fitness center, resident lounge, and golf simulation room. A farm to table restaurant from notable culinary mind Kristin Canty will be located on the first floor of the project.
PTC Relocates to 250,000 SF Global Headquarters in Boston’s Seaport District
Cresa and Margulies Perruzzi Architects lead project team to deliver PTC’s transformational, technology-rich workplace at 121 Seaport Blvd.
The Boston office of Cresa, the world’s largest occupier-focused commercial real estate firm, and Margulies Perruzzi Architects (MPA), one of New England’s most innovative architectural and interior design firms, today announced the completion of a new 250,000 SF global headquarters for PTC Inc.(PTC), a global provider of technology that transforms how companies design, manufacture, operate, and service things in a smart connected world. PTC relocated its headquarters from Needham, Mass., to 121 Seaport Boulevard, a newly constructed 17-story, 400,000 SF office building in Boston’s Seaport District. The building recently received the USGBC’s Leadership in Energy and Environmental Design (LEED) Platinum certification, its highest level of sustainability achievement.
PTC’s new technology-rich headquarters is a key part of the company’s business transformation, enhancing PTC’s profile and serving as a premier destination for employees, customers, and partners to experience PTC’s technology. At the heart of PTC’s new transformational headquarters is the Corporate Experience Center (CXC), an interactive showcase for PTC’s innovative technology, including its ThingWorx® industrial Internet of Things and Vuforia Augmented Reality (AR) platforms.
To facilitate the move to a new headquarters, PTC engaged Cresa as a global partner across multiple service lines, including site selection, lease administration, transaction management, workplace strategy, and project management. Cresa accomplished a six-month process in 30 days with fast-tracked negotiations that secured PTC’s 18.5-year lease for 250,000 SF at 121 Seaport. As the first signed tenant, PTC leased 63 percent of the building, where the company will house 1,000 of its 6,000 worldwide employees. PTC will occupy the building’s top nine floors with direct access to the roof deck from the top floor and access to a common area with an outdoor terrace on the third floor. Cresa also advised PTC on workplace strategy and facilitated PTC’s shift toward an activity-based, open office plan and free address concept for its workspace.
“Our move to Boston’s Seaport District signals a continued focus on innovation through forward-thinking technological advancements, as well as an evolution of our workplace strategy to anticipate the technology and workforce of the future,” said Eric Snow, senior vice president, corporate communications, PTC. “This workspace is intended to be transformational in every way: the urban location, workplace design, and abundant use of technology will provide our employees with the best possible work environment to thrive and innovate, all while offering our customers a state-of-the-art venue for experiencing our technology. We are thrilled to make this exceptional space our new home.”
MPA’s design for PTC’s headquarters was strongly influenced by the unique, elliptical-shaped glass tower of 121 Seaport. To maximize views of Boston Harbor and downtown Boston, the open office design places conference rooms and meeting spaces around the building core on each floor, and arranges bench seating with ergonomic sit-to-stand desks in a radial fashion that aligns with the oval shape. More than 200 technology-enabled collaboration and huddle rooms support PTC’sactivity-based workplace, which has no private offices and no assigned seats, encouraging employees to work where they want. Open-seating collaboration areas and touchdown spaces anchor the north and south end with a variety of seating styles. On every floor, a themed work café/coffee space, each dubbed “The Hive,” offers employees a diverse experience for casual meetings, socialization, and quiet time. Gigantic curved LED light fixtures span the arc on each floor, with colored lights on the 17th floor providing a dramatic view from the street at night.
With its convergence of digital and physical features and a layout that encourages employees and customers to co-mingle, the 17th floor is at the forefront of PTC’s new headquarters design. The world-class CXC provides visitors with a customized, hands-on tour to experience a world powered by PTC’s Industrial Internet of Things, Augmented Reality, Product Lifecycle Management, and 3D CAD technologies. This is made possible through a combination of state-of-the-art meeting space and more than 20 experiential exhibits showcasing customer and partner innovations. These exhibits dynamically demonstrate PTC’s technology by using Augmented Reality, Virtual Reality, and even a ride-on experience to bring the solutions to life. In addition, an adjacent R&D lab and maker space allow customers to engage with PTC engineers as they develop the next generation of innovative technology. A large café called “The Common” faces the CXC on the other side, providing plenty of seating for both employees and visitors. A large, open stair with a glass head-house connects The Common to the landscaped roof deck with outdoor seating.
In addition to the LEED Platinum-certified 121 Seaport building, PTC’s headquarters is expected to achieve LEED Gold certification. The company is also implementing the FitWelSM program for employee health and wellness.
Final Sections of Glass Facade Install Underway on Penthouse Levels of One Dalton
With a spring opening fast approaching, the final pieces of One Dalton's glass facade are being put in place. These last sections will enclose the duplex penthouse homes on the building's 60 & 61st floors. One Dalton will be the tallest residential tower in New England at 740 feet with the upper floors containing 180 private luxury condos. Underneath will be a Four Seasons luxury hotel with 215 rooms.
At the base of the tower, work is also being completed on the building's grand entrances, one for the hotel and one for residences.
Both residents and guests of the hotel will have access to numerous amenities including a fitness center, spa, and indoor pool. Construction is set to be complete in April.
Serenity Apartments Acquired for $123.25 Million
Oxford Properties Group has acquired the property at 101 South Huntington Ave in Boston, MA for $123.25 million.
The property features a mixed-use building that sits on a long-vacant Mission Hill parcel. Serenity features 195 apartments including studios, one-bedrooms, two-bedrooms, and three bedrooms. 24 residences overlooking Olmsted Park feature private elevator access. A 2,100 square foot retail space fronts South Huntington Avenue. Amenities at Serenity include a swimming pool, a fitness center, and a green roof deck. Underground parking is located on site for 100 cars.
Pier 4 Refinanced for $230.4 Million
The property at 130-140 Northern Avenue in Boston's Seaport District has been refinanced for $230.4 million via American General Life Insurance, Variable Annuity Life Insurance, and National Union Fire Insurance Company of Pittsburgh.
Tishman Speyer's $500 million Pier 4 development project overlooking Boston Harbor features two buildings. A 13-story office building containing 353,000 square feet of office space with 20,000 square feet of ground-floor retail that was sold to Commonwealth Partners in August 2018. The nine-story residential building containing 106 luxurious one-to-four-bedroom condominiums with 17,000 square feet of ground-floor retail is still under construction. A total of 37,000 square feet of ground-floor retail will be located at Pier 4. Both buildings will feature rooftop terraces and state-of-the-art amenities. Pier 4 will include a one-acre public waterfront park. A two-level underground parking garage will be located on site.