BOSTON--(BUSINESS WIRE)--The Fallon Company today celebrated another milestone at Fan Pier as the final steel beams were affixed atop 100 Northern Avenue. The 17-story glass tower, scheduled for completion in Spring 2016, will offer 516,000-square-feet of waterfront commercial space, and feature 18,000-square-feet for prime, ground-floor retail opportunities. It will be the fifth building to be completed at Fan Pier.
The topping off marks the latest stage of progress at Fan Pier, one of the country’s largest privately-funded mixed-use development sites featuring a 21 acre neighborhood that spans nine city blocks overlooking Boston’s working inner and outer harbor. Fan Pier is comprised of residential and commercial buildings, upscale dining and retail offerings, engaging public parks, scenic Boston Harborwalk, and one of Boston’s largest private marinas.
The Fallon Company officially completed 100 Northern Avenue’s structural framework with the ceremonial raising of the final beam, and commemorated the milestone by acknowledging the hard work of the ironworkers, as well as more than 200 construction workers on site.
“With the topping off of 100 Northern Avenue, less than a year after we broke ground on the building, we celebrate the evolution of Fan Pier and our progress in adding to the commercial, residential and retail mix that continues to shape and define the waterfront neighborhood as an ideal place to live, work and play,” said Joe Fallon, President and CEO of The Fallon Company.
100 Northern Avenue adds to Fan Pier’s dynamic commercial and retail offerings. Approximately 350,000-square-feet of 100 Northern Avenue’s commercial space will be occupied by Global 100 Law Firm Goodwin Procter LLP, who will join leading companies such as Vertex Pharmaceuticals, Battery Ventures, Polaris Partners, Fish & Richardson, and EnerNOC in moving to Fan Pier. A LEED Silver certification or higher is anticipated upon the building’s completion.
The Fan Pier neighborhood – a joint venture of The Fallon Company, MassMutual and Cornerstone Real Estate Advisers – will feature a total of eight commercial and residential luxury high rises upon completion, including Twenty Two Liberty, the neighborhood’s first luxury condominium scheduled to open in late 2015, and a variety of retail and hospitality offerings, including Mario Batali’s first Boston restaurant, Babbo Pizzeria e Enoteca, scheduled to open later this year.
About the Fallon Company
The Fallon Company has an unmatched reputation in Boston for undertaking and executing the most challenging and complex real estate development projects, and perfectly positioning them for optimal current and future use. Founded by Joe Fallon in 1993, the firm has consistently achieved success through the exceptional experience and dedication of its team and its visionary leadership. The company is a leading developer of commercial real estate, and is currently developing Fan Pier Boston, a 21-acre property spanning nine city blocks and permitted for three million square feet of mixed-use office, residential and retail space. Fallon Company projects include The Westin Boston Waterfront Hotel, Park Lane Seaport, ONE Marina Park Drive, Fifty Northern Avenue and Eleven Fan Pier Boulevard. For more information, visit www.falloncompany.com or www.fanpierboston.com.
