a 17-story office tower at 100 Northern Avenue in Bostons Seaport
District
Have you heard? The Seaport District in
Boston is the next hotbed for real estate. Truly, it has been for
quite some time, and the future of this buzzing area of the Hub has
never looked brighter. With an array of groundbreakings,
announcements of future developments, proposals, and grand openings
taking place, the skyline of the Seaport District is
rapidly changing for the better. A place that was formerly defined
by vacant parking lots and warehouses will now soon see another
building constructed that has just broken ground this week.
The $300 Million office tower is being built by The
Fallon Co., and will see a brilliant 17-story, 515,000 square foot
facility erected in Fan Pier. This built-to-suit tower will be next
to the Institute of Contemporary Art, and will house the offices of
the Goodwin Procter LLP law firm.
Mayor Martin J. Walsh was in attendance and helped
break the ground at the address, specifically 100 Northern Avenue.
Mayor Walsh commented on this momentous occasion by stating, We
will see from the rising grounds here, it will not be just steel
and glass, but it will be an engine of opportunity for thousands of
Bostonians. It will create opportunities for those who live and
work here now and it will attract many new people for years to
come. Thats the kind of growth we need in the city of Boston.
The Fan Pier tower is being designed by the
architectural firm known as Hok. 380,000 of the total 515,000
square feet will be used as a new headquarters by Goodwin Procter,
with the rest of the projects dedicated spaces to be used for other
office purposes and retail units. The building will represent the
fifth tower at Fan Pier, which is already one of the nations
largest privately funded development sites. Within this 21-acre
area of the Seaport, some three
million square feet of mixed-use residential, office, retail, and
other spaces are being built along the Boston Harbor.
The four other properties along Fan Pier that are in the
pipeline include the two buildings for Vertex Pharmaceuticals, the
One Marina Park Drive project, and the new condominium tower under
construction behind the Vertex property. Regina Pisa, the Chairman
of Goodwin Procter, praised Joseph Fallons ambition and dedication
for getting this latest building underway when she concluded that,
It takes vision and tenacity to execute a project of this magnitude
that will really transform the city of Boston.
More Information: Boston Business
Journal