atlantaden
Senior Member
- Joined
- May 31, 2006
- Messages
- 2,593
- Reaction score
- 2,681
Re: Bulfinch Crossing | Congress Street Garage | West End
Holy Crap!! This is great news!!
Holy Crap!! This is great news!!
Cost was a factor, too. One Congress, O’Hanley said, was priced substantially less than other proposals that developers and property owners presented to the company. State Street remains under pressure from shareholders to contain expenses; just last week, O’Hanley announced some 1,500 job cuts from high-cost locations around the world.
The deal with HYM includes signage rights for State Street. The company’s name sat atop 225 Franklin, a previous headquarters, for nearly 40 years. And then it had a logo atop One Lincoln in 2005 after it moved there. The Walsh administration is more willing to accommodate corporate names on office towers than previous administrations, with some parameters attached. The Boston Planning & Development Agency still needs to approve any tower sign.
Guess the signage is coming off of One Lincoln... end of an era for that name being on the skyline, since I doubt it's going on this building (it's not in State Street's own renders).
The deal with HYM includes signage rights for State Street. The company’s name sat atop 225 Franklin, a previous headquarters, for nearly 40 years. And then it had a logo atop One Lincoln in 2005 after it moved there. The Walsh administration is more willing to accommodate corporate names on office towers than previous administrations, with some parameters attached. The Boston Planning & Development Agency still needs to approve any tower sign
I'm confused by this too, but since there aren't enough contiguous blocks in existing buildings, maybe the huge size of this gave it an advantage over other new construction?WTF? How could this possibly have been the lowest-cost option?
I'm confused by this too, but since there aren't enough contiguous blocks in existing buildings, maybe the huge size of this gave it an advantage over other new construction?
Guess the signage is coming off of One Lincoln... end of an era for that name being on the skyline, since I doubt it's going on this building (it's not in State Street's own renders).
O’Hanley said State Street considered staying put at One Lincoln. But the interior layout isn’t ideally configured for the open-office concept that executives want for the next headquarters, he said.
I'm confused by this too, but since there aren't enough contiguous blocks in existing buildings, maybe the huge size of this gave it an advantage over other new construction?
Eww.
they are actually going to try to sign this building, though it might be on ground level.
In case anybody needs a reminder of where the State Street logo sat in the skyline for 40 years, here's an ancient shot of mine from Patriot Day 2005
what happens to the garage during this phase of construction? Will any of it remain on the side of the Merrimac where the Residential and Office tower are located? It looks like the office tower will run all the way along New Chardon to Bowker, so I assume they'd at least need new entrances/exits. The Globe piece implies that the garage over Merrimac is being removed as part of the office tower project.
Nice, almost too nice for Boston's tastes.