Parcel A2

BGI Files Letter of Intent for Parcel A2 Project

Boston Global Investors have filed a Letter of Intent for a 675,000 square foot, two-building project on the Seaport's Parcel A2 and Triangle Parcel. Parcel A2 would include an 18 story tower to contain around 645,000 square feet of office space. This building would have two entrances, one along Congress Street and the second from the World Trade Center viaduct. On the Triangle Parcel, a 2-story building would include 30,000 square foot of programmable space along with a landscaped rooftop. A new pedestrian bridge over the I-90 ramp would connect the two buildings. Plans would also call for 66,000 square feet of outdoor public space and 65,000 indoor space including a Great Hall along Congress Street. 

BGI expects to file the PNF sometime in mid-June. Once permits and approvals are finalized BGI will enter into a long-term ground lease for the site with Massport.

Renderings of Seaport Office Tower Released

Boston Global Investors plans to construct a 600,000-square-foot office building on a 1.1-acre parcel along Congress Street.

The development rights went to a team led by John Hynes’ Boston Global Investors, which agreed to pay Massport $120 million for a 99-year lease for the site and access to a nearly half-acre parcel across the street known internally as “the triangle.”

The street-level space will consist of a “grand hall” where eateries or nonprofits could set up. (The arch-like structure will minimize the need for columns in that ground-floor area.) The second and third floors will include two civic spaces, such as modest-sized performance venues. A new public connection would be made between the elevated World Trade Center Avenue and Congress Street below. And the developers would spruce up part of the viaduct — more like a park, less like a desolate bridge.

Then there’s that “triangle” parcel, bounded by highway ramps. A single-floor building devoted to civic uses — billed as an innovation and cultural center — would go there, topped with a rooftop park and connected to the office building parcel via a pedestrian bridge.

The 18-story main building would include 525,000 square feet of office space. BGI’s team, Massport says, expects to spend roughly $425 million on the entire project, including the public-realm improvements (and excluding the land costs). Construction could start in two years, and the building could open within four.

Rendering Below:

via Boston Globe