Friday, December 5, 2014

THE YEAR IN REVIEW: # 4 STORY FROM 2014

$600M One Seaport Square Breaks Ground in October
One Seaport Square, the largest project in the massive $3.5 billion Seaport Square development, is expected to break ground at the end of October. Plans call for two 22-story towers, with 832 luxury apartments and 260,000 square feet of retail space on the lower levels of the connected towers. Amenities will include roof decks, a resort style pool, and a 41,400-square-foot movie theater on the third floor. 

The 1.1 million square foot towers, designed by Elkus Manfredi Architects, will cost an estimated $600 million to build are expected to be completed in 2016.

Kerasotes ShowPlace Theatres will occupy 41,400 square feet of third-floor space in the project, which will include 260,000 square feet of retail in total.

Kerasotes ShowPlace operates ICON Theatres in Chicago that include a lobby lounges, reserved seating and dining with alcohol in leather sofa-style chairs with tables.

Seaport Square, the largest master-planned project on South Boston’s waterfront, will transform 23 acres of land used as parking lots into a new neighborhood.

WS Development will construct more than 20 mixed-use buildings encompassing 6.3 million square feet, five new streets, and four public gathering areas. 

The $3.5 billion mega-project will enclose 20 city blocks and stitch together the Fort Point, Fan Pier, Pier 4, and Waterside Place developments into a more unified residential and commercial district.

The buildings in Seaport Square are being designed to meet LEED Silver certification or higher, and will consist of apartments, condominiums, office space, hotels, a chapel, a supermarket, restaurants, retail stores, a visitors’ center, art galleries and a proposed performing arts center.

The residential area is interwoven with small and large open green spaces and a network of courtyards, playgrounds, roof gardens.

The buildings in this park setting are connected through a network of pedestrian and vehicular streets, and will be constructed as sustainable, environmentally responsible structures.

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