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Parcel K Update 09/11/16

New developer taking over Parcel K project in Seaport, breaking ground early 2017


Banker & Tradesman reports that Lincoln Property Company of Boston will take over the approved Parcel K development project in the Seaport District and hopes to break ground in early 2017. Lincoln Property Company Executive Vice President John Miller confirmed the news; Lincoln Property Company will self-manage the property. Conroy Development of Stoughton, MA was designated by Massport, the site's owner, as Parcel K's developer in 2009; Conroy Development's project plan received approval from the Boston Redevelopment Authority (BRA) in May 2014. The approved Parcel K plan will construct an 11-story residential building containing 304 rental apartments and a 10-story hotel building containing 250 rooms. Approximately 16,000 square feet of innovative office space and 25,000 square feet of retail will be located at the project's ground floor.

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