Iron Works South Boston Update 04/06/21

National Development Files PNF for 1.1 Million SF Development in South Boston

National Development has submitted a PNF for 1.1 million square feet of development across four buildings at 323-345 Dorchester Avenue in South Boston. Plans call for 285,550 SF of office, 358,550 SF of lab, 55,150 SF of retail, and 399,530 SF of residential space featuring 345 units totaling 1,146,700 SF of new development.

“National Development and AEW Capital Management, our partner in the South Boston project, are excited to expand our project from one building to four to include more housing as well as office/lab space," said Ed Marsteiner, Managing Partner of National Development. "We have spent the past two years working closely with and listening carefully to the various groups that have a vested interest in this corridor, and we have developed plans that we think are consistent with the top priorities we have heard. We look forward to continuing robust discussions with all involved.”

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