$50 Million in State Bond Funds Support Fan Pier Region Construction Projects

Fan Pier Boston Photo: New England Real Estate Journal

Boston's Fan Pier gets a $50M funding from I-Cubed Article Courtesy of:  Mass High Tech The section of South Boston’s planned Innovation District known as Fan Pier has won approval for $50 million from a state-run public-private program for development, part of which will be the new 1.1 million square foot headquarters for Vertex Pharmaceuticals Inc. Vertex signed a 15-year lease for the space in May, becoming the largest commercial lease in the history of Boston. A release from the office of Lieutenant Gov. Timothy Murray stated that the Innovative Infrastructure Investment (I-Cubed) program will dole out the $50 million to “support public infrastructure improvements at Fan Pier – primarily streets, sidewalks, and public … [Read more...]

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