Project Progress: Letter of Intent
About 244-284 A Street
Fort Point, Boston, MA
The property features a 275,686 square foot parking lot/vacant parcel of land along the Fort Point Channel in Boston.
The land sits adjacent to the currently under construction GE Headquarters dubbed Innovation Point. The parking lot sits in a blossoming location in Fort Point with the Seaport District and South Boston nearby. The location provides easy access to South Station, MBTA transit lines, Interstate-93, and Route 1.
Related Beal plans a mixed-use development totaling approximately 1.1 million square feet, to include: (1) a residential building of approximately 366,000 square feet; (2) an office building of approximately 334,000 square feet; and (3) a laboratory/research and development building of approximately 400,000 square feet. The Proposed Project is also contemplated to include significant public realm improvements, the provision of new parks and open space, improvements to the Harborwalk, ground-floor accessory uses.
| Acquisition Cost | $218,000,000.00 |
| Square Feet | 275,686 |
| Sector |
Parking Housing Lab Office Retail |
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| Current Owner | xxxxxxxxxxxxx |
| Owner Contact Info | xxxxxxxxxxxxx |
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