Eleven Fan Pier Boulevard Framework Completed

Vertex Corporate Headquarters - Fan Pier Boston Massachusetts

The Fallon Company, Vertex Pharmaceuticals Celebrate "Topping Off" of Fan Pier's Second Commercial Tower Boston Mayor Thomas M. Menino, local dignitaries and business leaders commemorate milestone with Boston iron workers at 21-acre waterfront development site, the country's largest privately-funded project BOSTON - (BUSINESS WIRE) The Fallon Company today celebrated an important milestone, as Boston iron workers raised the final beam to top the second commercial tower on its 21-acre, LEED-certified mixed-use development site, Fan Pier. The "topping off" ceremony officially completed the structural framework for Eleven Fan Pier Boulevard - one of two 18-story towers on Fan Pier that will serve as Vertex … [Read more...]

Joseph F. Fallon Boston

Joseph F. Fallon Boston / The Fallon Company

Joseph F. Fallon/The Fallon Company Article Courtesy of:  Irish America Magazine As CEO and president of The Fallon Company, Joseph F. Fallon oversees the development and investment operations of the company’s real estate portfolio, which includes some of the most sought after residential, hotel and commercial properties in Boston. Fan Pier Boston – a three billion dollar mixed-use development considered by many to be the “Crown Jewel” of Boston Harbor – also the largest privately funded construction job currently underway in the country – has benefited greatly from his strong sense of vision and leadership qualities. His ability to work with Boston’s agencies and community groups has been lauded by the Boston … [Read more...]

Vertex Arrives at Fan Pier

John Joseph Moakley Courthouse on Fan Pier Boston

City Celebrates Vertex Groundbreaking at Fan Pier – TK&A, Elkus Manfredi, and Turner Team Up Article Courtesy of: High-Profile Monthly June 2011 Boston – Mayor Menino and the BRA joined with Boston-based development firm, The Fallon Company, headed by President & CEO Joseph F. Fallon, today broke ground on Fan Pier’s second and third office buildings and the future home to the 1.1 million square foot global headquarters for Vertex Pharmaceuticals. This lease is the largest commercial lease in the history of Boston and with construction underway, it’s also the largest private sector construction project in the country. More than 1,000 construction jobs will be created as a result of this new project. Vertex currently has … [Read more...]

$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...]

Fan Pier Boston News – The Fallon Company

Waterfront Boston - Fan Pier Boston - Seaport District Boston

The Fallon Company breaks ground at Fan Pier for 1.1 million s/f Vertex Pharmaceuticals global headquarters Article Courtesy of:  New England Real Estate Journal Boston, MA The Fallon Company, headed by president and CEO Joseph Fallon, broke ground on Fan Pier's second and third office buildings and the future home to the 1.1 million s/f global headquarters for Vertex Pharmaceuticals. This lease is one of the largest commercial lease in the history of the city and with construction underway, it's also one of the largest private sector construction projects in the country. More than 1,000 construction jobs will be created as a result of this new project. Vertex currently has approximately 1,300 employees in Massachusetts and expects to add … [Read more...]

Fan Pier News – Vertex Pharmaceuticals

Vertex Corporate Headquarters - Fan Pier Boston Massachusetts

HFF arranges $355m in financing for Fan Pier By Chris Reidy, Globe Staff HFF, a provider of commercial real estate services, said it has arranged a $355 million construction loan for the development of a new headquarters campus for Vertex Pharmaceuticals Inc. at Boston’s Fan Pier. HFF said it worked on behalf of the Boston-based development company that is overseeing the Fan Pier project, the Fallon Company LLC, and its investors to secure the construction loan. The Fan Pier development is a 21-acre site spanning nine city blocks along the downtown Boston waterfront. The Vertex headquarters facility will feature two 16-story office towers incorporating 1.1 million square feet of office and biomedical research space and … [Read more...]

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