Project Progress: Demolition

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About Exchange South End

540 Albany Street, South End, Boston, MA

Approved $600 million commercial development totaling nearly 1.6 million square feet across 5.6 acres located in Boston’s South End. Four new buildings would be constructed at Exchange South End featuring approximately 1,481,350 square feet of commercial, technology, and life science research space with 42,500 square feet of ground-floor retail space and 30,000 square feet of civic and incubator space oriented about a new public park. Over one acre of new pedestrian-friendly public open space, known as Albany Green, would be constructed on site. Exchange South End would host 4,000 to 7,000 new jobs, and represent a total investment of over $1 billion in the South End neighborhood.

A parking garage would be built underneath each building, providing a total of approximately 1,145 garage parking spaces. 14 additional at-grade parking spaces would be provided, for a total of approximately 1,159 parking spaces on site. Buildings would be constructed to LEED Silver sustainability specifications. Construction of the proposed project would be phased, starting in Spring 2019 with the construction of Buildings A and B (Phase I). Construction of Phase I would last approximately 24 months and would include the proposed park and roads. Buildings C and D would also require approximately 24 months to construct and would be built depending upon demand.

The proposed Exchange South End site is located steps from Boston Medical Center, Boston University Medical School and the SoWA neighborhood of the South End. Downtown Boston and Cambridge are both located a short drive or transit ride away. The development would replace a warehouse formerly home to the Boston Flower Exchange, as well as associated surface parking. The following are renderings of Exchange South End:


Exchange South End Renderings

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Latest Updates

Dec 12, 2019

Demo Underway for The Exchange South End


Nov 13, 2019

Permit Issued to Abandon Gas Service to Exchange South End Site in Prep for Demo


Aug 16, 2018

BPDA Approves Exchange South End


Jul 05, 2018

Highly anticipated Exchange South End project awaits approval as it aims to begin construction fall...


Mar 12, 2018

Updated renderings of Exchange South End


Sep 20, 2017

Abbey Group reveals plans for 1.6-million-square-foot Exchange South End commercial development


Mar 16, 2017

1.6 million square foot office and retail hub envisioned at South End's Boston Flower Exchange


May 26, 2016

Abbey Group confirmed as Boston Flower Exchange developer


Feb 08, 2016

The Boston Flower Exchange will likely be sold to local developer The Abbey Group, according...


Latest Press Releases

Related Documents

Issue Date Doc Type Docnumber Description Consideration Grantor Grantee Follow
11/12/19 Permit EXCA1021264 Search $0.00 ITK ITK

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