Friday, December 16, 2016

#1 Story for 2016: Giant 52-story Tower to Rise at 5 Copley Place

Simon Property Group is preparing for construction of a 52-story tower at 5 Copley Place that would be one of the largest residential buildings in Boston. The project will create 542 residences, a 40,000 SF addition to the Neiman Marcus store, a glass-enclosed garden and 75,000 square feet of new retail and restaurant space at the corner of Dartmouth and Stuart streets.  The $500 million private investment will put 1,700 construction workers back on the job. 

Approximately 680,000 square feet of new residential space will be above the existing building, situated across from the Massachusetts Bay Transportation Authority’s Back Bay Station.

The building’s 433 rental apartments and 109 condos will be housed in a slender 52-story tower designed by Elkus Manfredi Architects, and include 71 affordable housing units.

The plans call for a lap pool on the 6th floor, a 7th floor sky lobby and deck, garage parking spaces and secure bike storage.

At 569 feet, the skyscraper will be the second tallest residential building in Boston, behind the soon-to-be constructed, Four Seasons Tower.

The project will include a large 40,000 square-foot addition to the to the Neiman Marcus store, followed by a complete renovation of the existing 115,000-square-foot store - which will not close during construction.

It will also include additional space for smaller-scale retail shops and restaurants, with a “public winter garden” at the Stuart Street plaza. The developer has also committed up to $1 million towards new public art and $250,000 to Southwest Corridor Park.

The project will build on the strengths of the existing Copley Place complex at Stuart and Dartmouth Streets and infuse an already successful retail destination with an inspired and dynamic mixed-use development.

“The expansion of Neiman Marcus and Copley Place strengthens our retail destination in the Back Bay and contributes to the City’s economic vitality,” according to a press release. “The project will enhance the urban fabric of the neighborhood and be a striking addition to the city’s skyline.”

The project attracted controversy when state representatives accused the Governor of violating a 1997 agreement by signing a revised lease with the developer before city and state regulators could review its impacts on area residents.

Some neighbors have raised concerns, for example, that the project will add to the high winds and shadows thrown off by other skyscrapers in the area.

However, the developer has stressed that the tower would not significantly increase wind in the area, and would only cast minimal new shadows on surrounding open spaces.

It also said it has rotated the tower from its initial orientation on the site and made several other design changes “to minimize environmental impacts, provide improvements to the public realm, and greatly enhance the overall pedestrian experience.”

Built by Chicago-based Urban Investment and Development, Copley Place was at the time the largest mixed-use project in the country. It was criticized by neighbors and some public officials for the way its hulking buildings towered over town houses in the South End.

The original $500 million project eventually included the Westin and Marriott hotels, four office buildings, a shopping mall, 100 apartments, and a 1,400-space parking garage.

The existing building at Copley Place consists of parking, three levels of retail and seven floors of office space.

The new design will transform the brick-paved plaza entrance to Neiman Marcus into a multi-story atrium with a glass facade

The new tower would fill out the last undeveloped parcels in Copley Place, which was initially built in the 1980s over the Massachusetts Turnpike roadway and ramps, and on a former railroad yard.

Simon initially proposed the project in June 2008, but put it on hold when the recession dried up funding for big projects.

The company resurrected the project last year and plans to begin work on the project ground early this summer. Construction is expected to last 3 years.

  

Monday, December 12, 2016

#2 Story for 2016: Big Plans to Construct Boston's Third Tallest Tower

A developer has plans to build one of Boston’s tallest buildings in downtown’s Financial District. The 740-foot glass tower will include a 300-room hotel, offices, retail space, a restaurant and 150 luxury condominium units.  Costing as much as $900 million to build, the 900,000-SF skyscraper will add a new showpiece to Boston’s rapidly changing skyline.

The building would be the tallest building in the downtown area and will include a 300-room hotel, retail space, offices, and up to 150 condominiums on the upper floors.

The tower proposal comes during one of the most dynamic periods of construction in the city’s history, as numerous skyscrapers aim to alter the Boston skyline.

At 740 feet, the angular skyscraper would be Boston’s third-tallest structure, behind the 750-foot Prudential building and the 790-foot John Hancock Tower.

An office building at 133 Federal Street would be combined with the new tower at ground level to create a 72,000-square-foot lobby with restaurants and shops.

The complex, called 111 Federal Street will rise on one of the Financial District’s last major development sites, replacing the city-owned Winthrop Square parking garage presently on the site.

Before work can proceed, developer Steve Belkin must negotiate a deal to buy the property from the city.

The dilapidated garage at 111-115 Federal Street will be demolished and replaced with glass storefronts and modern lobbies for the offices and a luxury hotel.

Former Mayor Thomas Menino selected Steve Belkin to redevelop the property in 2006, but the project failed to attract enough tenants amid the economic downturn.

The original plan called for a 1,000-foot office tower, but that proposal was rejected because it would have interfered with air traffic. The new proposal calls for a tower 260 feet shorter.

The building will be one of only a few towers built in the densely packed Financial District since the 1980s. In recent years, tech companies, restaurants and retailers have brought new life to the area.

The project, designed by Boston-based CBT Architects, is expected to begin construction sometime late this year.

Thursday, December 8, 2016

#3 Story for 2016: Gigantic Fenway Center Project to Begin in Spring

Fenway Center, one of the largest stalled projects in Boston, will be ready to start construction in the spring of 2017.  The five-building, 1,300,000-square-foot mega project has secured financing for the project’s two-building first phase, which would include 313 residential units. The project has an estimated price tag of $700 million.

The 1.3 million-square-foot complex will be developed over air rights which span eight lanes of the Massachusetts Turnpike. 

The finished project will include 550 apartments and commercial space in five buildings between Brookline Avenue and Beacon Street; 1,290 parking spots, open space, and streetscape improvements. 

Plans also call for a farmers market and a bike-sharing station.

Fenway Center will be among the most transformative development projects in Boston.

Boston regulators approved a $4.6 million tax break to spur construction of a new neighborhood near Fenway Park that would straddle the Massachusetts Turnpike and include hundreds of apartments, stores, restaurants, and offices. 

The tax deal for the $550 million Fenway Center development, negotiated by Mayor Walsh, received unanimous support from the board of the Boston Redevelopment Authority. The tax break will provide an important stimulus to a project that promises to create 1,800 construction jobs and boost economic growth.

The Boston Redevelopment Authority voted to petition the City Council for approval of a Special Tax Assessment Agreement between the City of Boston and MK Parcel 7 Development, LLC, the developer of the Fenway Center project.

The project has languished for years due to legal and permitting challenges, and the developer has struggled to generate enough funding to move forward.

The development was approved by the BRA Board in 2011, but has been delayed due to litigation and rising costs.

Fenway Center is particularly costly and complex because it requires construction of a $45 million deck over the Mass Pike to support its main parking garage and a 27-story tower with offices, apartments and stores.

The project would be the first development to be constructed on air rights over the turnpike since Copley Place was built in the 1980s.

“We are going to cover up the highway and build a new neighborhood out of thin air,” said John Rosenthal, president of developer Meredith Management Corp.

Fenway Center will combine:

  •     Fully funded, energy neutral MBTA Yawkey Commuter Rail Station
  •     1,290 Parking Spaces including 750 shared-use spaces
  •     500 Residential Apartments including 10% on-site affordable units and 5% offsite
  •     170,000 SF of Office Space
  •     Over 90,000 SF of Retail Space
  •     Over 30,000 SF of Parks and Green Spaces
  •     Bicycle Storage and a Bicycle Share Station
  •     Community Space
  •     Daycare Center

The tax relief is structured to help fund construction of the project’s retail spaces, not its apartments. The deal will reduce the project’s taxes over a six-year period during its construction and early years of operation.

After its completion, Fenway Center is expected to generate about $5 million a year in taxes. The developer would also pay the state $226 million to lease the 4.5-acre development site over 99 years.

Currently, the property generates about $152,000 a year.

Click images to enlarge
  

Thursday, December 1, 2016

#4 Story for 2016: 31-Story Hotel-Condo Tower to Rise near Copley Square

For the last few years, developers have been working with the city to construct a midsized high-rise building in Back Bay near Copley Square. After several delays, construction is finally about to break ground on 40 Trinity Place.

40 Trinity Place will be a 31-story tower with a four-star hotel on the lower floors and luxury condominium units on the upper floors. 

The 429,000 square foot building will rise 393 feet tall at the southeast corner of the intersection of Stuart Street and Trinity Place.

The new tower will have 154 hotel rooms, 146 residential units, a celebrity chef restaurant, a sky lobby and bar, a two-story public outdoor patio and high rise conference center, and ground floor retail and restaurant space.

Amenities for those who live in the residential portion will be located on the 17th and 18th floors and include concierge service, valet parking, a movie theater and a spa.

The highlight of the building will be a two-story sky lobby and bar, which will be set on the 15th floor.

The developers are planning on having a celebrity chef operate the restaurant and people from all over Boston will be able to come and view the city below from 150 feet in the sky.

The restaurant will also feature an outdoor patio, which when completed, will become the highest rooftop bar in the city.

40 Trinity will be built adjacent to the existing Boston Common Hotel, with an 11,300 square foot expansion for the hotel's University Club located on the building's third floor.

The ground floor of the building will open up retail space allowing for more business in the neighborhood.

Previously proposed on-site affordable housing units have been eliminated; instead, 39 affordable housing units would be built off site.

A total of 17 on-site affordable units were previously proposed.

The look of the building has been designed to minimize visual impact on the Boston skyline.

The design is particularly sensitive to context as the building is within close proximity to Copley Square and adjacent to the iconic Hancock Tower. The building exterior is sculpturally distinctive, explicitly designed to distinguish it from the adjacent buildings.

Many architects have praised its sculpture-like design.

According to the architectural team that designed the building, it was “explicitly designed to distinguish itself from adjacent buildings” nearby. They also pointed out that “shadow and wind impacts on the surrounding area were carefully considered”.

40 Trinity will have a boutique and elegant feel unlike some of the larger buildings going up around Boston which consist of 200 or more units such as Millennium Tower, the New Four Seasons and Pier 4.

The hotel portion of the tower is being designed by Stonehill Taylor Architects of New York City.

40 Trinity is set to break ground in early 2017 and will be built by Suffolk Construction. The project will create approximately 700 construction jobs as well as approximately 350 permanent jobs.

The building is designed to meet LEED Silver certification, incorporating a number of sustainable design features to preserve and protect the local environment.

Thursday, October 27, 2016

Gigantic Fenway Center Project to Begin in Spring

Fenway Center, one of the largest stalled projects in Boston, will be ready to start construction in the spring of 2017.  The five-building, 1,300,000-square-foot mega project has secured financing for the project’s two-building first phase, which would include 313 residential units. The project has an estimated price tag of $700 million.

The 1.3 million-square-foot complex will be developed over air rights which span eight lanes of the Massachusetts Turnpike. 

The finished project will include 550 apartments and commercial space in five buildings between Brookline Avenue and Beacon Street; 1,290 parking spots, open space, and streetscape improvements. 

Plans also call for a farmers market and a bike-sharing station.

Fenway Center will be among the most transformative development projects in Boston.

Boston regulators approved a $4.6 million tax break to spur construction of a new neighborhood near Fenway Park that would straddle the Massachusetts Turnpike and include hundreds of apartments, stores, restaurants, and offices. 

The tax deal for the $550 million Fenway Center development, negotiated by Mayor Walsh, received unanimous support from the board of the Boston Redevelopment Authority. The tax break will provide an important stimulus to a project that promises to create 1,800 construction jobs and boost economic growth.

The Boston Redevelopment Authority voted to petition the City Council for approval of a Special Tax Assessment Agreement between the City of Boston and MK Parcel 7 Development, LLC, the developer of the Fenway Center project.

The project has languished for years due to legal and permitting challenges, and the developer has struggled to generate enough funding to move forward.

The development was approved by the BRA Board in 2011, but has been delayed due to litigation and rising costs.

Fenway Center is particularly costly and complex because it requires construction of a $45 million deck over the Mass Pike to support its main parking garage and a 27-story tower with offices, apartments and stores.

The project would be the first development to be constructed on air rights over the turnpike since Copley Place was built in the 1980s.

“We are going to cover up the highway and build a new neighborhood out of thin air,” said John Rosenthal, president of developer Meredith Management Corp.

Fenway Center will combine:

  •     Fully funded, energy neutral MBTA Yawkey Commuter Rail Station
  •     1,290 Parking Spaces including 750 shared-use spaces
  •     500 Residential Apartments including 10% on-site affordable units and 5% offsite
  •     170,000 SF of Office Space
  •     Over 90,000 SF of Retail Space
  •     Over 30,000 SF of Parks and Green Spaces
  •     Bicycle Storage and a Bicycle Share Station
  •     Community Space
  •     Daycare Center

The tax relief is structured to help fund construction of the project’s retail spaces, not its apartments. The deal will reduce the project’s taxes over a six-year period during its construction and early years of operation.

After its completion, Fenway Center is expected to generate about $5 million a year in taxes. The developer would also pay the state $226 million to lease the 4.5-acre development site over 99 years.

Currently, the property generates about $152,000 a year.

Click images to enlarge
  

Monday, October 17, 2016

31-Story Hotel-Condo Tower to Rise near Copley Square

For the last few years, developers have been working with the city to construct a midsized high-rise building in Back Bay near Copley Square. After several delays, construction is finally about to break ground on 40 Trinity Place.

40 Trinity Place will be a 31-story tower with a four-star hotel on the lower floors and luxury condominium units on the upper floors. 

The 429,000 square foot building will rise 393 feet tall at the southeast corner of the intersection of Stuart Street and Trinity Place.

The new tower will have 154 hotel rooms, 146 residential units, a celebrity chef restaurant, a sky lobby and bar, a two-story public outdoor patio and high rise conference center, and ground floor retail and restaurant space.

Amenities for those who live in the residential portion will be located on the 17th and 18th floors and include concierge service, valet parking, a movie theater and a spa.

The highlight of the building will be a two-story sky lobby and bar, which will be set on the 15th floor.

The developers are planning on having a celebrity chef operate the restaurant and people from all over Boston will be able to come and view the city below from 150 feet in the sky.

The restaurant will also feature an outdoor patio, which when completed, will become the highest rooftop bar in the city.

40 Trinity will be built adjacent to the existing Boston Common Hotel, with an 11,300 square foot expansion for the hotel's University Club located on the building's third floor.

The ground floor of the building will open up retail space allowing for more business in the neighborhood.

Previously proposed on-site affordable housing units have been eliminated; instead, 39 affordable housing units would be built off site.

A total of 17 on-site affordable units were previously proposed.

The look of the building has been designed to minimize visual impact on the Boston skyline.

The design is particularly sensitive to context as the building is within close proximity to Copley Square and adjacent to the iconic Hancock Tower. The building exterior is sculpturally distinctive, explicitly designed to distinguish it from the adjacent buildings.

Many architects have praised its sculpture-like design.

According to the architectural team that designed the building, it was “explicitly designed to distinguish itself from adjacent buildings” nearby. They also pointed out that “shadow and wind impacts on the surrounding area were carefully considered”.

40 Trinity will have a boutique and elegant feel unlike some of the larger buildings going up around Boston which consist of 200 or more units such as Millennium Tower, the New Four Seasons and Pier 4.

The hotel portion of the tower is being designed by Stonehill Taylor Architects of New York City.

40 Trinity is set to break ground in early 2017 and will be built by Suffolk Construction. The project will create approximately 700 construction jobs as well as approximately 350 permanent jobs.

The building is designed to meet LEED Silver certification, incorporating a number of sustainable design features to preserve and protect the local environment.

Monday, October 10, 2016

Tremont Crossing Mega-Project to Get Underway in Roxbury

Tremont Crossing is a $350 million mixed use development planned for heart of Boston, consisting of retail, office, residential and arts. The 1.7 million square foot project would bring the most sweeping change to the Roxbury neighborhood in decades. Located on an 8 acre parcel across from Northeastern University and the Longwood Medical Area, the complex will feature a mix of large-format retail stacked vertically, small retail shops and restaurants fronting on Tremont Street, office space for MassDOT, 300 market rate apartments, a 200-room hotel, a museum, a large garage facility and a public plaza complete with outdoor art.
 
For years, development has been promised for Parcel 3, a vast plot of land located on Tremont Street in Roxbury near the Boston Police Department’s headquarters and Northeastern University.

Elma Lewis Partners has held onto the development rights for several years without anything happening.

Finally, due to an improving economy and due to Northeastern’s expansion, which brought a new vitality to the area, the parcel will soon become something more than a fenced-off field of weeds.

Feldco Boston, part of the development team behind Tremont Crossing, has signed a letter of intent with BJ’s Wholesale Group to lease up to 90,000 square feet in the 400,000-square foot retail section of the project. This will make it easier for them to get financing for the other parts of the project.

Tremont Crossing will eventually encompass more than 1.7 million square feet of space and include retail and restaurants, office space, a 200-room hotel, parking garage and a 19-story residential tower. Also proposed is a new home for the museum of the National Center for African-American Artists.

Tremont Crossing will include a mix of retail, office, and residential uses: 

•  404,475 square feet of large format retail, which could also have entertainment and recreational uses on 4 levels
•  33,800 square feet of space for smaller shops and boutiques fronting along Tremont Street
•  300 units of residential including studios, one bedroom and two bedroom rental apartments in a 297,800 square foot tower
•  200-room extended stay hotel encompassing 102,250 square feet
•  38,000 square feet of cultural facilities that will primarily house a new museum for the National Center for Afro-American Artists located at the center of the development
•  713,785 square feet of office space above the cultural facility

•  8-story parking structure with 1,502 spaces
•  A large public plaza, complete with sculptures and outdoor seating space

Designed by the renowned firm of Cambridge Seven Associates, the project will be built in an urban style that will be modern, environmentally-conscious and pedestrian-friendly.

Construction is estimated to last 24 months and will create approximately 670 construction jobs and 1,738 permanent jobs.

Monday, October 3, 2016

New Construction Projects at University of Massachusetts

Construction at the University of Massachusetts shows no sign of slowing. Several new buildings are on the horizon, including the $52 million, 87,500 square foot Integrated Design Building, and the $85 million, 104,000 square foot Physical Sciences Building. With the amount of bulldozers and blocked walkways already around UMass, students are wary of further construction projects making it difficult to get around the campus. However, three new buildings are already in the design phase with construction at the Amherst campus expected to continue through 2018.

Another new campus building is planned to begin construction this year – the Integrated Design Building, which will house the department of Landscape Architecture and Regional Planning department as well as the Architecture and Design and Building Construction Technology programs.

On approximately 87,500 square feet, this building will house classrooms and studios, computer labs, lounges, meeting and teleconferencing rooms, materials-testing lab, green-building lab, wood shop, digital fabrication lab and outdoor work area.

The building will also feature a cafe, exhibit space, a library, multifunction spaces, a covered indoor courtyard on the first floor and an outdoor courtyard complete with green roof on the third floor.

The $52 million project is scheduled to begin this summer and is expected to take two years to complete, with a 2017 opening projected.

Already in process is the Physical Sciences Building, located near North Pleasant Street and West Experiment Station. This building will be used for research laboratories for chemistry and physics.

The project is being funded by the state with about $85 million. It is part of a campus master plan that was initiated several years ago in order to fulfill the campus’ mission to upgrade its science facilities and be more competitive with scientific research.

Work includes construction of a new 3-level Physical Sciences Building, housing laboratory and office space.

The building will have a basement, accommodating physics laboratories with high bay capacity sitting on foundations that will telegraph very low levels of vibration.

The 104,000 square foot project will provide labs, lab support, and offices for 20 faculty and approximately 130 students. The interior labs will be designed to provide the greatest possible degree of flexibility.

Construction of the Physical Sciences Building is expected to be complete in early 2018.
 
Click to enlarge

Thursday, August 25, 2016

New Construction Projects Getting Underway in East Boston

Everyone knows that East Boston is undergoing dramatic changes, in part, because of a plethora of long-awaited development.  For several years, buyers and renters have been moving over to Eastie to escape higher costs elsewhere in the city, and soon, these five new developments will get underway to welcome even more new residents to the neighborhood.
 




Clippership Wharf
25 Lewis Street
Boston, MA 02128


Clippership Wharf is a mixed-use waterfront development in East Boston that will include 492 apartment and condominium units along with lots of retail space.

It will also have 300 plus parking spaces and flourishes such as a fitness center and a canoe/kayak-rental.

To further sweeten the deal, Cassin/Winn Development plans to add 1,381 feet of promenade along the Harbor.





 

Loftel Boston
175 Orleans Street
Boston, MA 02128

 
Plans for the Loftel Boston include rehabilitation of a long-vacant six-story building in the Jeffries Point neighborhood, building a two-story addition, then creating 150-room loft style boutique hotel with parking for 65 vehicles.

Boston developer Heath Management plans a “modestly priced” hotel where rooms would average $200 a night or less.

Redevelopment of the historic structure at 175 Orleans Street will cost approximately $20 million.




 

Hodge Boiler Works
111 Sumner Street
Boston, MA 02128


East Boston waterfront is undergoing a dramatic transformation, and this big project will only enhance that change.

DeNormandie Companies plans to redevelop the old Hodge Boiler Works site on the East Boston waterfront and create 95 rental apartments as well as a six-room bed and breakfast and a new marina building.

Plans also call for a café, a 30-slip marina, a new Harborwalk and a parking garage for 75 vehicles.

The developer of agreed earlier this winter to scale back his plans from 119 apartments to 95, thereby knocking off about 80,000 square feet.



 

135 Bremen Street

Boston, MA 02128


Last year, the Boston Redevelopment Authority approved construction of a 94-unit apartment complex at 135 Bremen Street, between Grove and Porter Streets in the East Boston neighborhood. Rental units will range from studios to 3-BRs.

Plans for the 127,000 square foot complex include 110 vehicle parking spaces, space for 100 bicycles along with landscaped public space.

The six-floor development is due to have a dozen apartments designated as affordable, as well as 8,300 square feet of commercial space along the ground floor near the Greenway.

Construction is expected to start late this summer, and another 12 to 14 months before completion.



 

One Fifty One Liverpool
151 Liverpool Street
Boston, MA 02128

 
Cedarwood Development's plans for 151 Liverpool Street include construction of a new five story residential building with 24 apartments and 35 parking spots at grade-level.

The 38,000-square-foot project will rise a few blocks from the Maverick Blue Line stop and include three apartments designated as permanently affordable.

 

Thursday, August 18, 2016

Boston's Gigantic Mass+Main Construction Project

City lawmakers have approved zoning changes that will allow construction of a 195-foot tower overlooking Jill Brown-Rhone Park in Central Square, citing the need for more housing and affordable housing. To ensure passage of the special zoning, developers Normandy Real Estate Partners and Twining Properties offered to make 47 of its 232 units available for rent below market rate. The builders plan to raze the existing single-story Quest Diagnostics laboratory later this year in favor of the 19-story residential tower. Ground breaking is expected in early this year with a goal of first occupancy beginning in spring 2018. 

Twining Properties and Normandy Real Estate are preparing to construct Mass+Main, a 19-story residential tower located at the edge of Central Square, near the Red Line stop. The development will also a seven-story, mixed-use building.

Community benefits range from highly sustainable mixed income housing, to new retail with a local emphasis.

The builders plan to  convert  the  former  Quest  Diagnostics  lab  buildings  and  lots  on  the  block  bounded by  Douglass Street,  Massachusetts  Avenue, Columbia  and  Bishop  Allen Drive, into  a  mixed income  residential  community  with vibrant  ground floor  retail and  new  public  passages  connecting  Lafayette  Park  to  Bishop  Allen  Drive.

Constructing the taller building (195 feet) along Massachusetts Avenue will minimize  any  shadows    cast over the  park  on Columbia  Street, and  will  cast  no  shadows  on  Lafayette  Square Park. The  second  building  along  Columbia  Street  would  be just  70  feet  high,  and cast no shadows.

Office  buildings  up  to  80  feet  tall  are  allowed  under  existing  zoning with  a Special  Permit. Kendall  Square  allows  up  to  300  feet  and  North  Point  is  above  220  feet  in  certain locations.

In order to secure a vote in favor of their special zoning request, developers Twining Properties and Normandy Real Estate Partners agreed to make 47 of its 232 units available for rent below market rate. Of that 20 percent, most would be considered affordable; the remaining seven would be considered middle-income.

  • Project sweeteners offered include:Permanent affordability for three additional housing units through Affordable Housing Trust Funds, bringing the total to 50.
  • Giving the city the front part of 65 Bishop Allen Drive for the creation of even more affordable housing when the city identifies a “transferee,” and so long as the developers get to keep the rear portion of the lot for parking and get their special permit. 
  • Promises to set up an advisory committee to give input on which retailers get ground-floor shop space created by the Mass+Main project, and programming for the seasonable public market that would be given a home. 
  • At least 8 percent of units in the proposed tower will be “micro-units” between 350 and 550 square feet, whose tenants won’t get to apply for a residential parking permit for a car.

Twining  Properties  specializes  in  mixed use,  urban, transit oriented  development with  a  strong  emphasis  on housing and  is  well known  in  Cambridge  and  Boston. Twining, working  closely  with  the  East  Cambridge  community developed  two  apartment  buildings,  local restaurants along  the  Broad  Canal  in  Kendall  Square. 

Normandy  Real  Estate Partners  is  a  leading  real estate owner  and  operator,  with  deep  local  ties, and  invests  in  properties and  communities  for  the  long term.  They are committed partners with the neighborhoods they work in.

The partners  hope  to  break  ground  in  summer  2016  with  first  occupancy beginning  in  spring  2018. Their goal is to reach full occupancy by early 2019.
  

Thursday, August 11, 2016

Giant 52-story Tower to Rise at 5 Copley Place

Simon Property Group is preparing for construction of a 52-story tower at 5 Copley Place that would be one of the largest residential buildings in Boston. The project will create 542 residences, a 40,000 SF addition to the Neiman Marcus store, a glass-enclosed garden and 75,000 square feet of new retail and restaurant space at the corner of Dartmouth and Stuart streets.  The $500 million private investment will put 1,700 construction workers back on the job. 

Approximately 680,000 square feet of new residential space will be above the existing building, situated across from the Massachusetts Bay Transportation Authority’s Back Bay Station.

The building’s 433 rental apartments and 109 condos will be housed in a slender 52-story tower designed by Elkus Manfredi Architects, and include 71 affordable housing units.

The plans call for a lap pool on the 6th floor, a 7th floor sky lobby and deck, garage parking spaces and secure bike storage.

At 569 feet, the skyscraper will be the second tallest residential building in Boston, behind the soon-to-be constructed, Four Seasons Tower.

The project will include a large 40,000 square-foot addition to the to the Neiman Marcus store, followed by a complete renovation of the existing 115,000-square-foot store - which will not close during construction.

It will also include additional space for smaller-scale retail shops and restaurants, with a “public winter garden” at the Stuart Street plaza. The developer has also committed up to $1 million towards new public art and $250,000 to Southwest Corridor Park.

The project will build on the strengths of the existing Copley Place complex at Stuart and Dartmouth Streets and infuse an already successful retail destination with an inspired and dynamic mixed-use development.

“The expansion of Neiman Marcus and Copley Place strengthens our retail destination in the Back Bay and contributes to the City’s economic vitality,” according to a press release. “The project will enhance the urban fabric of the neighborhood and be a striking addition to the city’s skyline.”

The project attracted controversy when state representatives accused the Governor of violating a 1997 agreement by signing a revised lease with the developer before city and state regulators could review its impacts on area residents.

Some neighbors have raised concerns, for example, that the project will add to the high winds and shadows thrown off by other skyscrapers in the area.

However, the developer has stressed that the tower would not significantly increase wind in the area, and would only cast minimal new shadows on surrounding open spaces.

It also said it has rotated the tower from its initial orientation on the site and made several other design changes “to minimize environmental impacts, provide improvements to the public realm, and greatly enhance the overall pedestrian experience.”

Built by Chicago-based Urban Investment and Development, Copley Place was at the time the largest mixed-use project in the country. It was criticized by neighbors and some public officials for the way its hulking buildings towered over town houses in the South End.

The original $500 million project eventually included the Westin and Marriott hotels, four office buildings, a shopping mall, 100 apartments, and a 1,400-space parking garage.

The existing building at Copley Place consists of parking, three levels of retail and seven floors of office space.

The new design will transform the brick-paved plaza entrance to Neiman Marcus into a multi-story atrium with a glass facade

The new tower would fill out the last undeveloped parcels in Copley Place, which was initially built in the 1980s over the Massachusetts Turnpike roadway and ramps, and on a former railroad yard.

Simon initially proposed the project in June 2008, but put it on hold when the recession dried up funding for big projects.

The company resurrected the project last year and plans to begin work on the project ground early this summer. Construction is expected to last 3 years.

  

Thursday, August 4, 2016

Big Plans to Construct Boston's Third Tallest Tower

A developer has plans to build one of Boston’s tallest buildings in downtown’s Financial District. The 740-foot glass tower will include a 300-room hotel, offices, retail space, a restaurant and 150 luxury condominium units.  Costing as much as $900 million to build, the 900,000-SF skyscraper will add a new showpiece to Boston’s rapidly changing skyline.

The building would be the tallest building in the downtown area and will include a 300-room hotel, retail space, offices, and up to 150 condominiums on the upper floors.

The tower proposal comes during one of the most dynamic periods of construction in the city’s history, as numerous skyscrapers aim to alter the Boston skyline.

At 740 feet, the angular skyscraper would be Boston’s third-tallest structure, behind the 750-foot Prudential building and the 790-foot John Hancock Tower.

An office building at 133 Federal Street would be combined with the new tower at ground level to create a 72,000-square-foot lobby with restaurants and shops.

The complex, called 111 Federal Street will rise on one of the Financial District’s last major development sites, replacing the city-owned Winthrop Square parking garage presently on the site.

Before work can proceed, developer Steve Belkin must negotiate a deal to buy the property from the city.

The dilapidated garage at 111-115 Federal Street will be demolished and replaced with glass storefronts and modern lobbies for the offices and a luxury hotel.

Former Mayor Thomas Menino selected Steve Belkin to redevelop the property in 2006, but the project failed to attract enough tenants amid the economic downturn.

The original plan called for a 1,000-foot office tower, but that proposal was rejected because it would have interfered with air traffic. The new proposal calls for a tower 260 feet shorter.

The building will be one of only a few towers built in the densely packed Financial District since the 1980s. In recent years, tech companies, restaurants and retailers have brought new life to the area.

The project, designed by Boston-based CBT Architects, is expected to begin construction sometime late this year.

Tuesday, July 26, 2016

New 31-Story Hotel-Condo Tower to Rise in Back Bay

For the last few years, developers have been working with the city to construct a midsized high-rise building in Back Bay near Copley Square. After several delays, construction is finally about to break ground on 40 Trinity Place.

40 Trinity Place will be a 31-story tower with a four-star hotel on the lower floors and luxury condominium units on the upper floors. 

The 429,000 square foot building will rise 393 feet tall at the southeast corner of the intersection of Stuart Street and Trinity Place.

The new tower will have 154 hotel rooms, 146 residential units, a celebrity chef restaurant, a sky lobby and bar, a two-story public outdoor patio and high rise conference center, and ground floor retail and restaurant space.

Amenities for those who live in the residential portion will be located on the 17th and 18th floors and include concierge service, valet parking, a movie theater and a spa.

The highlight of the building will be a two-story sky lobby and bar, which will be set on the 15th floor.

The developers are planning on having a celebrity chef operate the restaurant and people from all over Boston will be able to come and view the city below from 150 feet in the sky.

The restaurant will also feature an outdoor patio, which when completed, will become the highest rooftop bar in the city.

40 Trinity will be built adjacent to the existing Boston Common Hotel, with an 11,300 square foot expansion for the hotel's University Club located on the building's third floor.

The ground floor of the building will open up retail space allowing for more business in the neighborhood.

Previously proposed on-site affordable housing units have been eliminated; instead, 39 affordable housing units would be built off site.

A total of 17 on-site affordable units were previously proposed.

The look of the building has been designed to minimize visual impact on the Boston skyline.

The design is particularly sensitive to context as the building is within close proximity to Copley Square and adjacent to the iconic Hancock Tower. The building exterior is sculpturally distinctive, explicitly designed to distinguish it from the adjacent buildings.

Many architects have praised its sculpture-like design.

According to the architectural team that designed the building, it was “explicitly designed to distinguish itself from adjacent buildings” nearby. They also pointed out that “shadow and wind impacts on the surrounding area were carefully considered”.

40 Trinity will have a boutique and elegant feel unlike some of the larger buildings going up around Boston which consist of 200 or more units such as Millennium Tower, the New Four Seasons and Pier 4.

The hotel portion of the tower is being designed by Stonehill Taylor Architects of New York City.

40 Trinity is set to break ground in early 2017 and will be built by Suffolk Construction. The project will create approximately 700 construction jobs as well as approximately 350 permanent jobs.

The building is designed to meet LEED Silver certification, incorporating a number of sustainable design features to preserve and protect the local environment.

Tuesday, July 19, 2016

Plans to Construct Six New Office Towers in Government Center

Developers plan to construct a huge 528-foot glass skyscraper at the corner of Congress and New Sudbury streets. The curvy 47-story tower would be the centerpiece of a Government Center redevelopment project, where builders are preparing to construct a cluster of high-rises to replace portions of the Government Center Garage.

The project, estimated to cost well over $1 billion, will include construction of three high-rises and three smaller buildings containing more than 2.3 million square feet of commercial and residential space.

The project will begin with a 42-story residential tower with 450 rental and condominium units, followed by removal of the part of the garage that hangs over Congress Street and the construction of the 47-story office building. The developer wants to begin construction later this year.

The new office tower, designed by architect Cesar Pelli, would be an unusually dramatic building for Boston, a city that has shied away from the kind of eye-popping architecture that defines the skylines of other major cities.

In all, the project would result in six buildings containing 2.3 million square feet of commercial and residential space.

Three high-rises would be built on the western portion of the site, and three smaller buildings would be built along the Rose Fitzgerald Kennedy Greenway.

A retail plaza would create a new connection between the Greenway and Canal Street.

While the portion of the garage above the street would be demolished, the core of the building at Congress and New Sudbury would remain, preserving 1,100 parking spaces. That part of the garage would be hidden behind the new high-rises.

The development has received approval from the Boston Redevelopment Authority, but plans for each building must also be approved by the agency’s design commission. BRA director Brian Golden has offered strong support for the project.

“The redevelopment of the Government Center Garage site will reshape the downtown skyline in a way that few projects can,” he said. “We welcome a creative approach to its design and look forward to working with the architecture team to review their proposal more carefully.”

Developer Tom O’Brien, a principal of HYM Investment Group, said the project’s architecture is meant to call attention to the vast change it would bring to the city’s downtown.

He noted that it would remove one of the area’s worst eyesores, a relic of the Urban Renewal Era, and reconnect the Bulfinch Triangle to the North End and Beacon Hill.

Pelli Clarke Pelli Architects of New Haven is collaborating on the design with CBT Architects of Boston.

The project's primary investor is the National Electrical Benefit Fund.

Boston is experiencing a burst of real estate development, transforming much of its downtown and outlying neighborhoods. A retail and condominium tower is under construction at the former Filene’s site in Downtown Crossing. Additional towers are being proposed at Winthrop Square in the Financial District and at the site of the Harbor Garage on Atlantic Avenue.

In the Bulfinch Triangle, Related Beal is building a new headquarters for Converse Inc., and Boston Properties plans to construct a series of towers in front of the TD Garden.

Tuesday, July 12, 2016

Massive $2 Billion Boston Harbor Casino Moving Forward

Casino mogul Steve Wynn, whose dazzling hotels line the famous Las Vegas strip, hit the jackpot in the Massachusetts casino sweepstakes to claim Greater Boston's sole casino-resort license. His vision is to turn the former site of a chemical plant along the Mystic River, just north of Boston in Everett, into a sparkling gambling resort.

The $2 billion project will include a five-star resort with more than 500 hotel rooms, high-end retail and dining, a ballroom and meeting space.

The development will be spread over 33 acres of Mystic River waterfront with paths open to the general public leading to the harbor and more retail and dining overlooking the riverwalk.

The "family-friendly" casino-resort will take at least two years to build.

The design of the casino-resort would mimic local architecture: "If you like the way the Boston skyline looks, you'll love our building," says Las Vegas casino mogul Steve Wynn. The buildings will have a classic brick look on the lower floors and a glassy Vegas look as the building rise.

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The casino developer also has plans for a fleet of custom-built catamarans ferrying conventioneers and tourists from Long Wharf in downtown Boston and the World Trade Center in the Seaport district, to his riverfront gambling palace in Everett

As many as three water taxis would be in service at one time, leaving as frequently as 20 minutes apart.

Wynn Resorts insists the water shuttle service would reduce car traffic over already congested roads to the proposed resort.

The Massachusetts Gaming Commission granted Wynn Resorts the sole casino license based on economic factors, opportunities and jobs.

The company’s proposal offered a bigger development plan, strong financing, a large construction investment, and a big projected workforce and payroll.

The Greater Boston casino license is projected to be worth about $800 million to more than $900 million a year in gambling revenue.


Tuesday, July 5, 2016

Plan to Rebuild Jefferson Park Housing Project in Cambridge

The Cambridge Housing Authority has plans to use proceeds from a $30.8 million bond from MassDevelopment to demolish and reconstruct the Jefferson Park apartments, a 100% affordable multi-family housing project in North Cambridge.

The Massachusetts Department of Housing and Community Development ruled the site’s conditions obsolete, calling for demolition of the buildings.

Rebuilding will create 104 units: 32 one-bedroom units, 53 two-bedroom units, and 19 three-bedroom units.

Other improvements will include private entrances for each of the units, along with maintaining private outdoor spaces and landscape designs.

Bank of America is the project’s bond purchaser and MassDevelopment also assisted DHCD with the approval of federal low income housing tax credits that will provide approximately $25.1 million in equity.

“Providing affordable housing in Cambridge remains crucial in one of the commonwealth’s most competitive housing markets,” said Marty Jones, MassDevelopment president and CEO.

MassDevelopment issued the $30.8 million tax-exempt bond on behalf of Jefferson Park Apartments LLC, an entity managed by the Cambridge Housing Authority. Bank of America is the bond's purchaser.

Federal low-income housing tax credits will provide $25.1 million in equity for the project. MassDevelopment and the Massachusetts Department of Housing and Community Development worked together to secure the tax credits.

Jefferson Park spans six buildings in North Cambridge. The properties built in 1950 and served as housing for veterans and their families in the aftermath of World War II. Since then, the Cambridge Housing Authority has provided affordable housing for families and individuals in these units.

CHA is a national leader in the development, management, and administration of subsidized affordable housing for more than 5,000 households of low-income elders, families, and disabled individuals. MassDevelopment has issued bonds on behalf of several CHA projects, most recently $104 million in tax-exempt bonds for three affordable housing developments.

 “The revitalization of Jefferson Park-State exemplifies the CHA’s commitment to provide its residents with high quality, energy-efficient housing that will remain affordable for generations to come," said Greg Russ, executive director of the Cambridge Housing Authority.