Monday, April 28, 2014

Boston Cargo Terminal Project Ready to Cruise

A massive cargo terminal planned for the South Boston waterfront is steaming ahead again after years of delay and a recent downsizing to make the project financially viable. Developer Marine Terminal Operator has secured approvals for its Notice of Project Change for the $220 million, 510,552 square foot Boston Cargo Terminal project in the South Boston Waterfront neighborhood.

Marine Terminal dropped about 50,000 square feet from the three-building complex it wants to build on a 30-acre swath of city-owned Seaport District land that’s under long-term lease to the Massachusetts Port Authority.

The development site is located within the 129-acre Boston Marine Industrial Park.

The new Boston Cargo Terminal project will now include three commercial / warehouse buildings, a 120,000 square foot roof-top greenhouse structure, and 160 on-site parking spaces.

The project will include the construction of new marine industrial space to be configured in three new buildings:

  • Building A - approximately 279,000 sf,
  • Building B - approximately 173,560 sf, and
  • Building C - approximately 58,000 sf

In addition to the new industrial buildings, the project will also include:

  • Construction of a new 4.3-acre bulk cargo handling facility - to be used for an import /export cement distribution operation; 
  • Renovation of a portion of the existing 900 foot North Jetty, and 
  • Construction of a new 400 foot barge berthing space.
  • Public benefits will include the construction of a Harborwalk viewing area.

Arrowstreet is the architect for the $220 million, 510,552 square foot project.