Seaport Square (Formerly McCourt Seaport Parcels)

^ The Colonnade's rooftop pool is something ridiculous like $30 cover if you don't have a room there. Makes sense that they don't want the place turned into a public pool, though. This one should be free.
 
SeamusMcFly said:
The article also called that a 28 story office building didn't it? Not too many places in the seaport can handle that height. I thought there were like 2 parcels identified as part of the 100 acre plan that could go about 350' high which could handle 28 floors of office based on 12' FTF.

Maybe the Gillette parking lot is going to finally get into the mix of things. A billion buys a lot of building still. Roughly 5 of the 28 storey jobs mentioned above. Or more with varying heights and uses. So, yeah no reason that wouldn't be a distinct little enclave if not a neighborhood.

Woo speculation!
Click to expand...

Yea, they definitely mentioned Fort Point as the location of that 28 story development and suggested the Seaport District as the other location...should be interesting to see what comes of this.
 
It's too bad the seaport skyline will be a blended together 200' multicolor blob when the build-out is complete.
 
Considering how few all-glass buildings there are in Boston, this is welcome even if it's a bit generic. Not to be forgotten: if all this seaport construction had happened 20-25 years ago it would today be a Disney-by-the-Sea PoMo horror show.
 
T selling air rights over Seaport stop

Saturday, December 13, 2014 P
By: Donna Goodison

The MBTA is taking advantage of the booming growth of Boston’s Seaport District by selling the air rights above its Courthouse Silver Line Station for development.

“The Seaport District has experienced a great deal of growth and expansion around the Silver Line, and the MBTA would like to be a part of that economic success,” spokesman Joe Pesaturo said. “By continuing to work closely with the (Boston Redevelopment Authority), the MBTA expects to identify an abutter or other party interested in advancing a project consistent with other new developments in the immediate area.”

The air rights are for the space atop an approximately 3,939-square-foot parcel above the MBTA station on Seaport Boulevard.

The station sits amid the sprawling $3.5 billion, 23-acre Seaport Square development taking shape on the South Boston waterfront.

Boston Global Investors, which is the master developer of Seaport Square with Morgan Stanley, couldn’t be reached for comment on any potential interest in the air rights.

The MBTA has set a minimum bid of $1.2 million for the rights.

The property is zoned for innovation, hotel, office, retail, entertainment, restaurant, residential and transportation uses. Any building could not surpass 107 feet in height, according to the bid documents.
Click to expand...

http://www.bostonherald.com/business/real_estate/2014/12/t_selling_air_rights_over_seaport_stop
 
This has to be a pretty small site, right? Seaport Square renders/maps show Parcels J and K kind of eating up the space occupied by the station headhouse.
 
timsox6 said:
This has to be a pretty small site, right? Seaport Square renders/maps show Parcels J and K kind of eating up the space occupied by the station headhouse.
Click to expand...

According to the article posted above, it is a 3,939-square-foot parcel.
 
fattony said:
If square, that is only 63 feet on a side. Refreshingly small for the Seaport.
Click to expand...

Sure would be nice, coupled with the max height of 107 feet to break things up.

I'd assume it ends up as part of a larger parcel, but we could hope for some diversity. Nice little 10 storey residential building.
 
SeamusMcFly said:
Sure would be nice, coupled with the max height of 107 feet to break things up.

I'd assume it ends up as part of a larger parcel, but we could hope for some diversity. Nice little 10 storey residential building.
Click to expand...

More like 8 stories with 12 foot ceilings. (107 ft height limit) Max building sq footage is somewhere around 32k sq ft, probably less as the first level will have T entrance. 1.2 million is a crazy number
 
quinninin said:
More like 8 stories with 12 foot ceilings. (107 ft height limit) Max building sq footage is somewhere around 32k sq ft, probably less as the first level will have T entrance. 1.2 million is a crazy number
Click to expand...

$37+ per square foot acquisition price isn't so crazy. It will easily sell for $1000 per square foot as condos.
 
quinninin said:
More like 8 stories with 12 foot ceilings. (107 ft height limit) Max building sq footage is somewhere around 32k sq ft, probably less as the first level will have T entrance. 1.2 million is a crazy number
Click to expand...

I'm sorry, I indicated a residential building, which typically average 10 foot floor to floor heights (some times less)

So, let's stick with the 10 storeys, and up the ROI. 9 floors at 90 feet leaves 17 feet for the first floor, which would be more than enough to support retail & allow for proper T entrance heights to be maintained. Might also support mechanicals if central systems are required, also not sure if a small penthouse could be provided, or if that would need to be under the height or if in addition to it as an unoccupied floor.
 
Pretty sure that's Sicilian, who posts here. Always raises great points about the bait and switch from neighborhood to office park.
 
You must log in or register to reply here.

Back
Top