South Station Tower | South Station Air Rights | Downtown

I’ve never seen that done before. If they want to test how jpmorgan would look why not put up a jpmorgan sign and see how it looks? I know that theyre not moving in until 2028, but they already signed the lease, can they not use the logo yet?
 
My uninformed guess: Very conservative brand protection. If they fabricate it, but decide it looks bad and needs tweaking, they don't want a lot of photos of a slightly awkward JPMorgan branded skyscraper floating around.
 
They're just testing it. They have enough letters to reuse them for the other side if approved.
 
theSil said:
My uninformed guess: Very conservative brand protection. If they fabricate it, but decide it looks bad and needs tweaking, they don't want a lot of photos of a slightly awkward JPMorgan branded skyscraper floating around.
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That makes sense
 
Bananarama said:
They're just testing it. They have enough letters to reuse them for the other side if approved.
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Right, just need to add JJPogann for the full letter set.

Charlie_mta said:
Everyone who sees it will wonder, what is PrograMM?
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Better than everyone seeing JPMorgan go up prematurely then get taken down.

Also: Quick, launch a start-up named "PrograMM" to get some free high-value advertising!
 
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JumboBuc said:
Certainly looks that way from the photos in the Globe article:
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Another liquor license gone for this place...
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I opened The Landing with David Morton at Penn1. He is an absolutely atrocious 'restauranteur' or as he calls himself 'the proprietor'. He uses his father's last name to further his salesmanship to attain further contracts. With all the possible wonderful groups this building more than likely could have secured, they picked the worst. Mark my words. It used to be called DMK Hospitality but due to the fact he closed more than double the restaurants he opened, his lack of success forced him to rebrand entirely. Just thought I'd give the squad here some real insight.
 
At night there only appears to be 3-4 floors fitted out in the office portion of the building about 3/4 of the way up. The residential portion is fitted out fully. You can always tell at night because empty floors have a different look to them.


I found a picture that shows what I’m talking about. This is from july but it still looks about the same.
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https://bankerandtradesman.com/downtown-law-firm-relocating-to-south-station-tower/
 
apps.bostonglobe.com

South Station Tower could be Boston's last skyscraper for a while

Decades in the making, what could be Boston’s last skyscraper for a long time is opening at a tough time for towers.
apps.bostonglobe.com apps.bostonglobe.com
It took six months after opening for the tower to lease even half of its office space. The tenants are mostly legal and financial service companies moving from elsewhere in Boston, not newcomers creating jobs. The corporate logo that will soon light the tower’s crown belongs to JPMorgan Chase, which is headquartered in New York.
Since March, only 39 units have sold, a Globe analysis shows — respectable, but a far cry from the pre-pandemic days when almost all of Millennium Tower’s 442 units sold before it opened. (For its part, just about half of Winthrop Center’s 317 units have sold as of October.)
After an unprecedented period of development in Boston, real estate experts expect South Station Tower will likely be the city’s last new skyscraper for years to come. The Boston of today just is not growing at the pace it once did, and the real estate market that has long filled city coffers with tax dollars is losing value fast. The signals of that decline are only growing clearer. Just look around. Three years ago, there were 20 tower cranes operating on Boston’s skyline, according to construction consulting firm Rider Levett Bucknall. Right now, there are just two. While there are still a few proposed towers that have been approved by the city, none appear to be moving forward anytime soon.
Hometown office giant BXP, the company formerly known as Boston Properties, has held rights to build a multibuilding complex atop Back Bay Station since 2017. Two years ago, BXP declared that project on hold. BXP is now speedily developing skyscrapers in San Francisco and New York — but not Boston.
Why? Simply put, developers don’t think they can make enough in rent to justify the expense of building from the ground up. It costs close to 50 percent more to build private projects now than it did before the pandemic, federal data show, and stubbornly high office-vacancy rates continue to dent revenue. New city and state requirements for affordable housing and energy efficiency haven’t eased the financial burden. Neither have Trump-era tariffs nor, lately, the rising costs related to the war in Iran.
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Some photos from the article:
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sst pool.jpg
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sst penthouse.png
 
I’m not mad, we built office/lab space like crazy adding hundreds of thousands of jobs but barely built any housing until the last couple years of the cycle. We need time for the housing to catch back up.
 
stick n move said:
I’m not mad, we built office/lab space like crazy adding hundreds of thousands of jobs but barely built any housing until the last couple years of the cycle. We need time for the housing to catch back up.
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And housing can be done in the urban core, tastefully and when appropriate, with height. One only needs to look to the Sudbury as evidence.
 
citydweller said:
I realize there is a need for more affordable housing, not just in Boston proper but everywhere. The trend in Boston has been a gradual decline in population for the past several years. This was underscored by a recent article in the Globe ...

www.bostonglobe.com

Young people are leaving Boston. Where are they going? - The Boston Globe

Boston is still a top draw for young professionals, but some of those already here are looking elsewhere.
www.bostonglobe.com www.bostonglobe.com

... I don't think it's realistic that Boston, or most big cities in the NE, can solve that problem with new housing construction, especially now with the insanely high cost of construction. To state that we simply need more housing starts in the city doesn't solve the underlying problem of affordability, either by rent or buying.
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It says something that for the first 25 years of my life tall buildings were something Boston last built before I was born, and then for the past decade it's been such a frenzy that it now seems weird there won't be a "skyscraper" under construction in Boston somewhere. That's how it works - you build a lot, then you let things settle, then repeat.

Also, you may have the Volpe R3 building at 500'+ under construction in a year or two, so the "last skyscraper" thing is slightly limited to the Boston city limits.
 
Equilibria said:
It says something that for the first 25 years of my life tall buildings were something Boston last built before I was born, and then for the past decade it's been such a frenzy that it now seems weird there won't be a "skyscraper" under construction in Boston somewhere. That's how it works - you build a lot, then you let things settle, then repeat.

Also, you may have the Volpe R3 building at 500'+ under construction in a year or two, so the "last skyscraper" thing is slightly limited to the Boston city limits.
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When I saw that headline all I could think is wow, Boston is truly provincial. In any other city, a skyscraper 1 a mile away from downtown, in a satellite business district (even though Cambridge) would count as in the overall "city".
 
JeffDowntown said:
When I saw that headline all I could think is wow, Boston is truly provincial. In any other city, a skyscraper 1 a mile away from downtown, in a satellite business district (even though Cambridge) would count as in the overall "city".
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I agree 100%. Also, Boston is maybe one of three major US cities with another municipality within a mile of its downtown, Miami and Detroit (Canada) being the others
 
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