- May 6, 2007
- Reaction score
Per B&T, Lincoln Property Group has been selected.
Massport awards $123m lease for Seaport property that will include a new Silver Line station - The Boston Globe
The Dallas-based developer’s plans also call for a 730,000-square-foot building to house life sciences companies.
Gotta say, the designs Massport is getting out of their parcels (401 Congress, the Omni, this...) are top-notch. Hope Baker is paying attention for the SSC site.Lincoln plans a 730,000-square-foot building, geared for life sciences and up to 240 feet in height. About 120,000 square feet would be devoted to the Silver Line station, shops and restaurants, and public space. The remaining space would be split between labs and offices. An adjacent 15,000-square-foot building over the Massachusetts Turnpike would be used as a life-sciences training center. The budget for the project is estimated at $590 million.
Wieland said Lincoln offered the largest upfront payment for the 99-year ground lease: $50 million.