The old Federal Reserve Building is located in Post Office Square. It is that 1920’s Renaissance style building on the corner. It has an obtrusive dunce cap on top of it. Been a hotel for a few decades.i feel like we've gotta be talking about two different buildings(?)
can you give the anti-nimby raving a rest for maybe a week? a day, even? you have some good points and i (shockingly) agree with plenty of your beliefs, but you need - NEED - to tone the rhetoric down, dude. either that or go to a city that embraces the height that you so covet. this is boston and it's not gonna become dubai because you post the same stuff of AB and boston.com and skyscraperpage etc etc. go for a jog, read a book, take up the guitar, buy a puppy. chill out with the same, endless, on-repeat nonsense. seriously.
Odurandina -- What people are complaining about is not the old Federal Reserve Bank -- as designed and executed circa 1920 -- that is fine fine -- its the work that was done to make the building into the Le Meridian Hotel [Robert Hsuing of Jung / Brannen Associates 1981] which added the glass cap to house more hotel rooms and connected it to the then under construction One Post Office Square Tower
The best news about this project is they're building (SST) on spec.
.....as "on-spec" if they're 95% of the way to signing Salesforce?
I don't have any inside info, FWIW, but back in the Spring that sounded like a done deal.
The best news--or the least surprising news, given the exceptionally constrained supply of office space?
Colliers says the current vacancy rate it measures for the aggregated Downtown markets (Back Bay/DTX/Seaport, etc.), of 7.9%, is at an 18-year low:
What is interesting, though, is that now you have 3 towers rising/planned, each within 350 yards of each other:
Winthrop Center Tower: 772,000 sf office space. opening 2022
South Station Tower: 768,000 sf office space. opening ? (but construction underway)
125 Lincoln Street: 625,000 sf office space. BPDA review ongoing.
Obviously WCT gets to market first--in the best of all worlds, though, the openings are staggered (assuming 125 Lincoln gets approved) in such a way that there isn't a market glut of 2.2 million sf...