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    BLDUP Newsletter

Seaport Circle (Massport Parcel H) Update 01/21/21

Lincoln Property Company to Develop Massport Parcel H

Lincoln Property Company won a 99-year lease of Parcel H from Massport, valued at $123,000,000, which includes a downpayment of $50,000,000.

The company is planning on constructing a 730,000-square-foot speculative life science building that could reach up to 240 feet. The development includes a 120,000 SF public space for improvements to the Silver Line as well as a 15,000-square-foot life-sciences training center. The total cost of development is valued at $590 million. 

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