Southline
Update
03/29/19
The BEAT Secures $252.74 Million in Financing
The BEAT in Dorchester has secured $252,747,880 in financing via Oaktree Capital.
The project calls for the repositioning of the 16.6-acre former Boston Globe headquarters at 135 Morrissey Boulevard in Dorchester. The existing three-story office and an industrial building will be retained and retrofitted into a 695,000-square-foot modern hub for creative office, laboratory and retail uses dubbed The BEAT. The project would create spaces to stimulate growth in fields such as robotics, life sciences, and high-tech manufacturing.
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