Seaport Hotel & World Trade Center - Commonwealth Pier Update 12/10/18

LOI Filed to Revitalize Seaport Hotel & World Trade Center

Commonwealth Pier Trust II (the "Proponent") and its affiliates have owned and occupied the Seaport World Trade Center (the "SWTC") on the prominent Commonwealth Pier for over three decades. The proposed revitalization of the SWTC is a transformative project that will modernize and reposition the existing building and Commonwealth Pier for its next generation of use as a vibrant place for work, retail, events and active public waterfront experiences within the city's Seaport District.

While the existing building and project site require a significant infrastructure investment to enable the adaptive re-use and revitalization, the project has tremendous potential to create an exciting, flexible, and creative workspace that attracts and retains talented employees and provides a unique waterfront experience for the public.

The project will enhance its current uses by replacing the existing exhibition hall with new public realm spaces and improvements and expanded ground-floor retail space, as well as creating new flexible and innovative office space and first-class event spaces.

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