$4M Permit Pulled for Renovations at 341 Newbury Street
A permit valued at $4M has been pulled for renovations at 341 Newbury Street. The project will include the removal and infill of the existing automobile elevator and construction of white box office space and fitness room. New windows and a skylight will also be added. The 41,000+ square foot office/retail building was purchased by Gazit Globe for $51 million this past January.
Newbury Street Properties Acquired for $51 Million
Gazit Globe has acquired the properties at 341-343 Newbury Street in Boston's Back Bay for $51 million.
341 Newbury Street is a 41,958 square foot prime office/retail building on one of the busiest blocks of Boston' s renowned Back Bay. This location is surrounded by contemporary retailers like Madewell, Brandy Melville, Patagonia, The North Face, Lululemon, and the new Uniqlo flagship store.
343 Newbury Street is the adjacent building totaling 17,982 square feet of space spread over 3 stories. The retail building was constructed in 1919 and is currently home to fashion brand Forever 21.
A new 10,000 square foot Uniqlo clothing store, the Japanese retailer's second Boston location, has opened on the 1st and 2nd floors of the Danker & Donohue Garage, marking the completion of the Newbury Street structure's former garage entrance into prime retail space. The garage's facade has been fully restored; parking continues to be offered above and below the Uniqlo store. The following are photographs of the Danker & Donohue Garage:
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