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 late spring 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.

Real Construction to Get Underway on $2.1 Billion Wynn Casino

The cranes are in the air, dust is kicking up, and more than 500 construction workers are preparing for the actual building of the $2.1 billion Wynn Boston Harbor resort, which is expected to open in June 2019. Bob DeSalvio, president of the company’s Boston location, said “there’s no stopping us now; onward and upward to the opening of Wynn Boston Harbor.”

Although pre-construction and utility work for the massive project began last August, the 34-month construction timeline will see its first upward construction by the end of this year, with the full structure framed by the end of 2017.
 
The $2.1 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.

 

Presently, workers are involved with cleaning up the Mystic River and the site, which once was home to a Monsanto chemical plant.

Wynn will be the only full resort casino in the Boston area. The state gaming commission has also licensed a resort casino in Springfield and a slots parlor in Plainville, which has been open for about 13 months. 

The official Grand Opening is slated for June 3, 2019.

Copper Prices Continue Three Month Rise; Up 33% Since November

Copper prices have risen by more than 33% since the beginning of November, regaining price levels metals investors haven’t seen since July 2015. The red metal had been lagging behind growth in other metals prices through most of this year then jumped by more than it has since 2011.

After seeing $2.08 per pound during early November, copper prices began a gradual rise and then really took off Nov. 8, the day of the U.S. general elections, hitting $2.76 per pound this week.

The reasons for the jump appear to go beyond enthusiasm for an expected boost in demand since Donald Trump took office as U.S. President on January 20th.

John Gross, publisher of The Copper Journal, likewise sees the recent move as speculative. "There is no quick—and easy answer to address the near 70-cent move up over the past three months," he said.

“The best we can say is that after copper initially broke through resistance, more buying came in, and the buying accelerated as each previous high point was surpassed. The fundamentals have not changed in any meaningful way, and don’t warrant the move. This level of volatility is no good for anyone, except for speculators who got it right."

What does this all mean for the electrical contractor? 
It means that next purchase of 500MCM is going to cost you a lot more than it did last year... 

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.

Huge Fenway Center Project Preparing to Begin Construction

Fenway Center, one of the largest stalled projects in Boston, is getting ready to begin construction later this Spring. The five-building, 1,300,000-square-foot mega project has secured financing for the project’s two-building first phase, which will 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.

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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.
 

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NorthEast Electrical Distributors Buys Boston’s Beacon

NorthEast Electrical Distributors, Brockton, Massachusetts, part of the Sonepar USA group of distributors, announced its purchase of Beacon Electrical Sales & Supply a two-location electrical distributor based in Massachusetts. Terms of the deal were not disclosed.

Beacon Electrical, founded in 1979, is a family-owned business that serves its customers from locations in Peabody and Haverhill, Massachusetts. Beacon Electrical provides its customers with all their electrical product requirements, and has a long history of providing superior customer service.

Beacon owners Jack Pedra and John Wilson and the existing Beacon staff will join the NorthEast Electrical Distributors organization.

The acquisition reinforces NorthEast’s strategy to operate branch locations in areas that best serve the needs of its customers, said the press release announcing the deal.

“We are excited that both owners Jack Pedra and John Wilson, plus all of Beacon’s associates will be joining the NorthEast team” said Don Block, New England/Mid-Atlantic regional president of Sonepar USA.

NorthEast Electrical Distributors now serves electrical contractors, industrial, OEM, utility, and institutional customers through 32 branch locations in six New England states.

Sonepar established Northeast Electrical Distributors from seven locations it acquired from Branch Electric in 1999.

Sonepar is the largest electrical distributor in the U.S. market.