Noting that occupiers are in search of best-in-class, extremely amenitized workplace house near mass transit, Hines mentioned it has inked a 41,000-square-foot lease with international regulation agency Jones Day for South Station Tower, the 51-story mixed-use skyscraper it’s constructing alongside the waterfront in downtown Boston.
Jones Day is the primary workplace tenant introduced for the 690-foot-tall tower dubbed one among Boston’s prime tasks that can redefine town’s skyline.
The 15-year lease will start following the completion of the constructing, estimated to be in June 2025. Jones Day, which at present occupies the twenty first flooring at 100 Excessive St. within the Monetary District, might be situated on the tower’s twenty third and twenty fourth flooring. It marks the agency’s first transfer inside Boston since coming into the market in 2011. The brand new workplace will present a Class A+ workspace for workers with flexibility for future progress. Jones Day has greater than 2,400 attorneys in 40 workplaces throughout 5 continents, together with 1,700 within the U.S.
Combined-use skyscraper
The tower at 680 Atlantic Ave. is being constructed above South Station, Boston’s most related and lively transit hub. The undertaking, a partnership between Hines, the Boston Planning & Improvement Company and the Massachusetts Bay Transportation Authority, consists of the redevelopment and extension of the South Station Transportation Heart in addition to the development of the roughly 1.2 million-square-foot tower above the 1899-built South Station constructing. The redevelopment will improve the transportation hub’s capability by roughly 50 % and supply extra handy connections to the prepare and subway.
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Hines started work on the mixed-use undertaking in January 2020, after it secured air rights together with an $870 million building mortgage originated by The Youngsters’s Funding Fund, in keeping with CommercialEdge knowledge. Designed by Pelli Clark & Companions, the constructing may have 680,000 sq. toes of workplace house. The higher 16 flooring will characteristic 166 residential items branded and managed by The Ritz-Carlton. Residential gross sales are underway.
The undertaking may also embody a 1-acre personal park 120 toes above town, for tenants and residents, amongst its facilities. The builders are additionally constructing a parking storage over the out of doors areas and including an indoor bike storage room. Extra facilities will embody a convention middle, personal tenant lounge, health and wellness middle, eating space and terrace with a swimming pool. The undertaking may also enhance the streetscapes with new sidewalks, granite curbs, streetlights and greenery.
The builders are aiming to attain LEED Gold and WELL Gold certifications, in addition to a BREEAM Very Good ranking.
