South Station Air Rights

About South Station Air Rights

700 Atlantic Avenue, Financial District, Boston, MA

The South Station Air Rights project will bring three new buildings to Boston's Financial District above the existing South Station transit, office, and retail center:

• A 51-story, 677-foot tall, 1,032,000 square-foot tower (Phase One) consisting of office, residential and retail space. 175 residential condominiums will be located above 704,000 square feet of office space and 7,000 square feet of ground-floor retail.
• A 17-story, 334-foot tall, 438,000-square-foot building (Phase Two) with one of the following four compositions, in addition to 8,000 square feet of ground-floor retail:
  • A mix of hotel and residential space;
  • 360 hotel rooms;
  • 260 residential condominiums; or
  • 375 residential rental units
• A nine-story, 249-foot tall, 511,000-square-foot building (Phase Three) consisting of office space and 12,000 square feet of ground-floor retail.

As part of the project, the South Station bus terminal will be expanded by 106,000 square feet, and the existing parking garage will be expanded by 895 spaces. 

The existing South Station features 205,165 commercial square feet, including 117,000 square feet of fully leased office space across four stories and 59,000 square feet of ground-floor restaurant and retail space with multiple tenants. Ashkenazy Acquisition Corporation holds the 98-year leasehold interest on South Station's existing commercial component.