Fan Pier District to see Dramatic Changes in 2012

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The Departed: South Boston to Change Forever This Year Article Courtesy of:  Tom Acitelli You should stroll the South Boston waterfront sometime really soon. Then close your eyes at the end of your walk, and seal the memory in your mind. Because the area is about to change forever in one of those tell-the-grandchildren-how-a-candy-bar-cost-a-nickel ways. More than 1,700 apartments in several buildings on otherwise nondescript sites are expected to get under way in 2012, what could be, as The Globe's Casey Ross puts it, "the year the South Boston waterfront started to feel like a neighborhood." What's coming? · Seaport Square. 750 apartments in two 22-story buildings on a 3-acre site between Sleeper Street and Northern Avenue, … [Read more...]

Karp, Buza, Hoar, Fallon, Fowler, Hynes & Menino Pivot on Vertex

Fan Pier Boston - Boston Harbor Walk - Seaport District Boston

Spurring Growth on Boston’s Waterfront By SUSAN DIESENHOUSE - Article Courtesy of:  New York Times BOSTON — When Vertex Pharmaceuticals agreed this year to move into an as-yet-unbuilt waterfront office complex, it made history as the city’s largest commercial lease at 1.1 million square feet, with a rent of $72.5 million a year. But more important for the city over all, the huge deal has spurred growth and eased the way for financing other projects. The Fallon Company is developing the $900 million office and laboratory complex for Vertex on Fan Pier, across Fort Point Channel a few blocks from downtown. Vertex, which is based in Cambridge, Mass., also has leased 60,000 square feet in One Marina Park Drive, an office building … [Read more...]

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