Another 14-story Condo Tower to Rise at Fan Pier

Fallon Co., the developer of 22 Liberty Drive on Boston’s Fan Pier is planning to begin construction of another 14-story condominium tower nearby, starting this September. 50 Liberty Drive will be a stunning 250,000-square foot waterfront building with all-glass facade, housing 118 luxury units and a mix of retail and restaurants at street level along with space for public use. Parkland and access to the Boston Harbor are a part of the Fan Pier plan.

The building is the latest piece in a 21-acre mixed-use project, designed by acclaimed CBT Architects, underway between the federal courthouse and The Institute of Contemporary Art in Boston's Seaport District.

This is one of the few remaining parcels of land in the Fan Pier mega-development. Next door, 22 Liberty Drive, an ultra-luxury condominium building, is heading toward completion, as is an office tower at 100 Northern Avenue.

Vertex Pharmaceuticals has already occupied two of the three office towers on the 21-acre site. 

In fact, only two parcels will remain undeveloped once Fifty Liberty is completed. Plans call for one more mid-rise that may be offices, a hotel, or residential, and a second building on a sliver of land at One Harbor Shore Drive, to be housing, a hotel, or both.

Click to enlarge

Click to enlarge

Fan Pier is an extraordinary waterfront site situated in the elbow of Boston Harbor with breathtaking views of the Boston Harbor Islands and the beautiful city.

In an unusual move, Fallon Co. plans to market the luxury studios, 1-BR, 2-BR and 3-BR units at 50 Liberty directly to buyers, and not through brokers.

Prices will range from studios asking more than $900,000 to 3 bedroom units retailing for $4 million-plus. Ultra-luxury penthouses will boast 3 bedrooms and 3 1/2 baths.

Construction of 50 Liberty Drive is slated to break ground in September, and expected to be complete sometime in early 2017.
 

$281M Seaport Office Tower Will Redefine Skyline

Skanska is set to begin construction of 121 Seaport Boulevard, a building unlike any of its neighbors — a sleek oval-shaped tower set at a diagonal to the street. The Swedish construction giant broke ground last week at Parcel L2 in Boston's Seaport Square, for a 17-story, elliptical office tower designed by CBT Architects. The 425,000 square foot structure is designed to pop out from the bland and homogenous, rectangular buildings surrounding it. 

The building's design is a response to a call by Mayor Martin Walsh for developers to come up with new and innovative looks for their buildings.

121 Seaport is curved on its sides, with a flat face above its angled entrance, and is set on a more traditional block-shaped base that will have stores and other retail. The top of the base flares out from the tower above it and will host an elevated outdoor deck and landscaping.

The curved shape of the new tower will create work spaces that are better suited for collaboration because there will no corner offices, according to CBT Architects in Boston, which designed the building.

That could help attract a wider range of tenants. It’s also set up to maximize views of Boston Harbor, allow natural light deeper into the interior, and minimize shadows on a new park below.

The building’s design is also practical: The MBTA Silver Line tunnel runs under the northeast corner of the property, limiting how much Skanska could build over it. Also, the Seaport District has a height limit of 250 feet because of flight paths for Logan Airport.

121 Seaport Boulevard is unusual by another measure: Skanska is building it “on spec,” or without having a tenant before beginning construction, and the construction giant is financing the $281 million project itself.

It’s also launching the project as prices for top-end space in the Seaport are not rising as fast as just a year ago; rents average $59 per square foot for Class A space.

Meanwhile, the Seaport is expected to have an additional 1 million square feet of new construction coming onto the market in just the next year, and even more soon after that.

The developer was confident the distinctive building won’t have trouble filling up long before its scheduled opening in January 2018.

Huge $75M Housing Development Planned for Dorchester

The construction boom that is transforming Boston’s skyline and restructuring neighborhoods like South Boston is now rolling into Dorchester. The latest development is DotBlock, a $75 million mix of condos, apartments, shops and restaurants by Atlas Investment Group that would rise on what is now a 3 1/2-acre patch of run-down warehouses and industrial buildings on Dorchester Avenue.

The phased development will include up to 259 units of for-rent and for-sale housing, a 20,000-square-foot landscaped roof deck, a 400-space central parking garage and 40,000 square feet of retail at 1207 Dorchester Avenue, near the Savin Hill Station.

The 3.5-acre project site stretches almost a full city block and is roughly bounded by Dorchester Avenue, and  Greenmount and Hancock streets. Existing properties on the site include a mix of underutilized industrial buildings, including single-story warehouses.

The condos, totaling 64 in all, will be priced at around $400,000 in a bid to appeal to those middle-class buyers priced out of Boston amid an explosion of luxury housing. The two-bedroom, two-bath units will have 1,150 square feet of space.

Three apartment buildings are planned as well, with units averaging about 950 square feet a piece.

A five-story apartment building with 50 units is planned for DotBlock’s first phase. The second phase includes a pair of six-story buildings totaling 145 more units.

A total of 40,000 square feet of neighborhood style retail is planned for the ground floor of the two six-story buildings, with a mix of coffee shops, restaurants and a grocery store.

Demetrios Dasco of Atlas Investment Group LLC is spearheading the project's development, and RODE Architects is handling design work.

The DotBlock plan follows on the heels of a proposal by development giant Edens to expand the South Bay shopping center in Dorchester.

That plan calls for 500 apartments, a 65,000-square-foot cinema, 115,000 square feet of shops and restaurants, and a 150 to 200-room hotel.

The developer hopes to nail down all the necessary permits over the next few months, clear the site by the summer, and begin construction in the fall.
  

ElectricWeb Expanding Coverage from Mid-Atlantic to Florida

TheElectricWeb.com Surpasses 3 Million Unique Visitors,13-Million Hits Milestones   

FOR IMMEDIATE RELEASE
 
NEW YORK, New York (July 1, 2015) – TheElectricWeb.com, the electrical contractor-focused, online information services company, has reached the major milestones of 3 million unique visitors and 13 million unique visitors.

On June 14, TheElectricWeb.com recorded its 13,000,000 page hit, followed shortly thereafter, on June 24 by its 3,000,000 unique visitor. TheElectricWeb.com offers electrical contractors a wide range of services: from filing permits and utility power requests online, to the latest electrical construction industry news and project reports. Electrical contractors rely upon TheElectricWeb.com to make better business decisions, and to optimize their internet usage. It has more than 16,000 registered users.

These significant milestones fall four years after the company launched its online information portal in June 2011. As the milestones tumble, ElectricWeb Communications is preparing for the debut of ElectricWeb-South and ElectricWeb-Atlantic, expanding its coverage area to the entire east coast.

A launch date for both operations is scheduled for September 1st.

TheElectricWeb has thrived because of its focus on practical matters: providing timely news about projects in development and helping electrical contractors to optimize their time online by consolidating internet resources into one, easy to navigate portal. ElectricWeb Communications president Peter Coyne says, “We’re thrilled to have surpassed the 13 million hits and 3,000,000 visitor marks. We have always believed in our electrical contractor-focused business model and, in an era where many businesses are scrabbling to find a model that works, it is exciting to be growing so fast. We believe the internet is opening up huge regional opportunities for businesses like ours: the growth in web-based marketing alone is immense.” 

More facts about TheElectricWeb.com
- TheElectricWeb.com generates more than 20,000 unique visits per week.
- It has published more than 980 articles, and has over 13,000 subscribers to its newsletter.
- Monthly traffic volume surpassed 400,000 (non-unique) hits, May 2015. 
- ElectricWeb | Newsletter has twenty-four corporate sponsors.
- ElectricWeb | Blogger – syndicated content has 29 RSS news feeds.
- ElectricWeb Communications was founded in 1998 by Peter Coyne, and was incorporated in 2000. 
- The company has offices in New York City, Boston and Philadelphia, employing a staff of twelve.
  
About ElectricWeb Communications, Inc.
Based in New York City, the ElectricWeb uniquely fills the need of thousands of electrical contracting firms by providing valuable information and resources that they can use immediately, saving them time and money. The ElectricWeb is a dynamic edition of the original ElectricWeb model created by Peter Coyne back in 1998. With more than 34 years in the electrical industry as a supplier, as well as a contractor, Mr. Coyne’s unique knowledge and reputation are both well known and respected in the NYC electrical industry.

FOR FURTHER INFORMATION CONTACT:  
Carol Coyne, Vice President
TheElectricWeb.com
Tel: 212.470.4537
press@theelectricweb.com

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