whighlander
Senior Member
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Its time to start looking at all the development which will happen as a result of GE's HQ
We are are ready seeing two aspects -- 1 is the sale of already renovated Brick & Beam buildings
from the BBJ
and the more important is new proposed construction
also reported in the past few days in the BBJ
http://www.bizjournals.com/boston/news/2016/12/19/channel-center-developer-proposes-office-r-d.html
We are are ready seeing two aspects -- 1 is the sale of already renovated Brick & Beam buildings
from the BBJ
Office building near future GE headquarters sells for $119M
Dec 19, 2016, 3:05pm EST
Catherine Carlock
Real Estate Editor
Boston Business Journal
Chicago-based LaSalle Investment Management has acquired 10-20 Channel Center St., a brick-and-beam office located less than half a mile from the future headquarters for General Electric Co. (NYSE: GE), for $118.6 million.....
"As one of the few fully-renovated brick-and-beam Seaport properties, the property is well-positioned to continue attracting strong demand from prospective tenants who are drawn to the Seaport’s vibrancy and character," Schreiber said in an email.
“We have a favorable view on 10-20 Channel Center as it is well-located in Boston’s Seaport District adjacent to GE’s future global headquarters and within the immediate path of continued densification.
and the more important is new proposed construction
also reported in the past few days in the BBJ
http://www.bizjournals.com/boston/news/2016/12/19/channel-center-developer-proposes-office-r-d.html
https://goo.gl/maps/2F27oh62GEL2Channel Center developer proposes office, R&D building near future GE HQ
Dec 19, 2016, 6:34pm EST
Catherine Carlock
Real Estate Editor
A real-estate development firm that has shaped much of South Boston has plans to build a mid-rise office and R&D property near the A Street Park, Channel Center and Artists for Humanity.
CV Properties LLC proposed an eight-story, 266,750-square-foot office and R&D building at 105 W. First St., according to a letter of intent filed Dec. 15 with the Boston Planning and Development Agency....
CV Properties also developed State Street Corp.’s (NYSE: STT) 12-story, 500,000-square-foot Channel Center office and revamped a 970-car garage at One Channel Center. New York’s Tishman Speyer acquired the property for a combined $316.5 million last December....
In the letter of intent filed with the BPDA, Galvin wrote that the project proponent “currently has the project site under a binding contract of sale with its current owner.” A brick building that has been used by telecommunications company RCN-BecoCom exists on the site.
CV Properties is also proposing a pedestrian connector linking its new building, A Street and West Second Street.
“West Second Street lies about 12 feet above the West First Street grade, so providing this new pedestrian route will greatly enhance residents’ accessibility to the city’s newest park — A Street Park,” Galvin wrote in the Dec. 15 letter of intent.