Pier 4 & Fan Pier Boston's Seaport District! The Rapidly Transforming Innovation District
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In My Neighborhood in Boston
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August 15, 2011 2:42 PM |
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Pier 4 is a $170 million apartment and retail tower development to begin construction in Boston’s Seaport District in Spring of 2012. The 21-story tower will include 357 apartments, retail stores, and an underground parking garage next to the Institute of Contemporary Art.
The once barren industrial streets are now bustling with people seven days a week rapidly transforming the Seaport District into a neighborhood to live, work & visit.The development of Pier 4 and neighboring Fan Pier set to become the gateway to attract new developments as well as revive several plans that were once put on ice due to the economy and the recession. Today there is a new burst of excitement in the air that is driving a lot of interest to the rapidly growing "innovation district".
The biggest breakthrough is at neighboring Fan Pier, where developer Joseph F. Fallon recently began construction on a pair of $800 million towers for Vertex Pharmaceuticals, Inc. as well as a two 20-story building consisting of apartments and hotel above a four-story retail base featuring a cinema, restaurants and retail stores by developer John B. Hynes, III in partnership with Morgan Stanley.
Lastly, developer John Drew is trying to proceed with a planned complex of apartments and retail space near the Boston Convention and Exhibition Center.
So the question to ask yourself today is no longer if this neighborhood is going to work, or can I make money, but rather: How can I get a piece of this?
The biggest breakthrough is at neighboring Fan Pier, where developer Joseph F. Fallon recently began construction on a pair of $800 million towers for Vertex Pharmaceuticals, Inc. as well as a two 20-story building consisting of apartments and hotel above a four-story retail base featuring a cinema, restaurants and retail stores by developer John B. Hynes, III in partnership with Morgan Stanley.
Lastly, developer John Drew is trying to proceed with a planned complex of apartments and retail space near the Boston Convention and Exhibition Center.
So the question to ask yourself today is no longer if this neighborhood is going to work, or can I make money, but rather: How can I get a piece of this?
For more information on The Seaport District Neighborhood, please contact Mariana Galstian at 617-548-6461 or email mariana@mybostoncondo.com
www.mybostoncondo.com
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