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Boston global investors seaport square
Seaport Square is a master planned project in Boston, Massachusetts. It spans 8.5 million square feet and 23 acres (9.3 ha) of land.
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It is master developed by Boston Global Investors. Upon completion in 2020, Seaport Square is expected to develop into twenty blocks of retail, business, and residential space, knitting together the Financial District, Waterfront, Fort Point Channel and Fan Pier. The area is anticipated to include five new streets, over 20 buildings, and four prominent public gathering areas. It will offer approximately 2.6 million square feet of residences, 3,000 residential units, 1.3 million square feet of retail master developed by WS Development, 1.3 million square feet of offices, 2.2 million square feet of below ground parking spaces for 6,000 cars, 850,000 square feet (79,000 m2) of hotel space, 1,000 hotel rooms, and 250,000 square feet (23,000 m2) feet of cultural, civic and education space. Forty percent of Seaport Square's land is devoted to open space, including the one-acre, tree-lined Seaport Square Park with a Massachusetts Fallen Heroes Memorial, honoring Bay State servicemen and women who gave their lives to the War on Terror. The project qualifies for a Silver rating under the U.S. Green Building Council's LEED for neighborhood development rating system.
Seaport Square has direct access to downtown Boston as well as to the I-93 and I-90 interchange, is located in close proximity to Logan Airport and Amtrak’s South Station, and has access to public transit with the Courthouse Silver Line Station. Less than a quarter of a mile north of Seaport Square are The Rose F. Kennedy Greenway and Financial District, just steps south of Seaport Square is the Fan Pier, a 21-acre (8.5 ha) development.
One Seaport Square is a marquee development located within the Seaport Square Master Plan. The $600 million mixed-use development spans 1.5 million square feet and is located on three-acres of land.[5] One Seaport Square is the largest mixed-use project in the City of Boston in thirty years. The project is led by three Boston-based companies Berkshire Group, WS Development, and Boston Global Investors. Its architecture is by Elkus Manfredi Architects. It will qualify for LEED Silver Certification.
Upon completion, expected in 2017, the development is planned to include two residential towers with 832 apartments in total and 250,000 square feet (23,000 m2) of retail space across the towers’ first three floors.[6] Berkshire Group has partnered with Boston Global Investors to own and develop the residential component of One Seaport Square.[7] WS Development will develop, own and manage the retail component of One Seaport Square.
One Seaport Square’s residential towers are named The Benjamin and VIA; each will have a distinct style and provide a wide range of living options. Plans include a total of 832 units, with 354 distinctive apartment homes in The Benjamin, ranging from studios to three bedrooms, and 458 apartment homes in VIA, ranging from studios to innovation units to three bedrooms. One Seaport Square will include 96 units that meet the City Of Boston’s standards for affordable rent. VIA also includes 96 innovation units, which will be cost-effective studio and one-bedroom apartments with access to collaboration space. All apartments in The Benjamin and VIA are for lease only. Both The Benjamin and VIA are expected to feature several outdoor and indoor shared spaces. The Benjamin will include two courtyards. Both The Benjamin and VIA aim to be pet friendly buildings with a range of services residents have come to expect in high-end residential offerings. Private outdoor space was made a priority, with over one acre of outdoor terrace space designed for the residents.
With 250,000 square feet (23,000 m2) of retail space, One Seaport Square represents the highest concentration of retail space in the Seaport District. WS Development, a locally based and privately led real estate firm, will develop, own, and manage all 250,000 square feet (23,000 m2) of its retail space. One Seaport Square will offer shopping, dining, fitness and entertainment facilities on the first three floors of each tower. Tenants confirmed thus far are Showplace ICON Theatre at Seaport Square, Equinox and Kings Bowl.
One Seaport Square also has plans for Courthouse Square, a 17,000-square-foot (1,600 m2), retail lined open space between the two towers that will serve as a pedestrian link between the buildings, the MBTA Courthouse Station and the Moakley Federal Courthouse.[8]
