News: Owners Developers & Managers

The Fallon Company breaks ground on 515,000 s/f office tower at Fan Pier

The Fallon Company celebrated another major milestone at Fan Pier with a groundbreaking ceremony for 100 Northern Ave., the fourth commercial tower on Fan Pier - one of the country's largest privately funded development sites. The 17-story, 515,000 s/f, build-to-suit tower will house the Boston office of global law firm Goodwin Procter LLP. Fan Pier is one of the country's largest privately-funded development sites, featuring three million s/f of mixed-use office, residential and retail space spanning 21 acres and nine city blocks, overlooking the revitalized Boston Harbor. Mayor Walsh joined Goodwin Procter chairman Regina Pisa, state representative Nick Collins, Fallon Co. president and CEO Joe Fallon, and a host of local dignitaries to celebrate the occasion. Designed by global architectural firm HOK, 100 Northern Ave. will feature 500,000 s/f of commercial space, 380,000 of which will be occupied by Goodwin Procter. The building also features more than 15,000 s/f of ground floor retail space. The groundbreaking of 100 Northern Ave. is part of Fallon Co.'s next wave of development on Fan Pier. Most recently, it started construction on the site's first residential project, Twenty Two Liberty, a 14-story, 118-residence condominium building currently under construction that will offer views of Boston Harbor and the Boston skyline once completed in 2015. With the 100 Northern Ave. groundbreaking, Fan Pier, a joint venture of the Fallon Co. and Mass Mutual as advised by Cornerstone Real Estate Advisers, features five high rise structures under development or completed. When fully developed, the Fan Pier neighborhood will feature a total of eight contemporary commercial and residential luxury high rises, offering sweeping views and the best in dining, shopping and recreation on Boston's historic harbor.
MORE FROM Owners Developers & Managers

Mount Vernon Co. acquires John Carver Inn & Spa in Plymouth, MA

Plymouth, MA The Mount Vernon Company (MVC), a Boston-based real estate and hospitality investment firm, has completed the acquisition of the John Carver Inn & Spa, an 80-room property.
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IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact