3 minute read
Life Science
PNF Filed for South Boston Neighborhood
Boston – Marcus Partners, a real estate investment, management and development firm, filed a Project Notification Form (PNF) for Parcels O and P in the Raymond L. Flynn Marine Park (RLFMP) in the South Boston Waterfront neighborhood. The new life science campus spans two buildings totaling 228,000sf. Ginkgo Bioworks, the organism company, has signed a lease for 150,000sf as the anchor tenant for the project.
At Parcel O, Marcus Partners is planning a new state-of-the-art 219,000sf life science building. An adaptive reuse of an existing steel manufacturing building at Parcel P will become a 9,000sf amenity building for the campus’ users. The new building design is a modern interpretation of the district’s industrial vernacular, aiming to celebrate the RLFMP’s industrial ecosystem while offering a forward-looking expression. The adaptive reuse of the existing steel manufacturing building works to further enhance the industrial character of the neighborhood.
“Ginkgo Bioworks is a leader in the field of biology and we are pleased to be working with them to expand their existing footprint in the Raymond L. Flynn Marine Park,” said Marcus Partners principal, Levi Reilly. “This initial lease validates our belief in the continued demand for state-of-the-art life science space alongside peer companies in the heart of a thriving cluster.”
Currently, demolition is proposed for Q4 2021 with a construction start in Q1 2022. The project aims to deliver in 2024. Marcus Partners is one of the first development firms to join the city’s Climate Resiliency Infrastructure Fund, and the project is designed to achieve LEED Gold certification by an architectural joint venture between SGA and DREAM Collaborative. Construction will be managed by John Moriarty & Associates in a joint venture with a Minority or Women-Owned Business Enterprise.
Rendering by SGA/DREAM Collaborative
Life Science Campus Begins Construction
Boston – IQHQ, Inc., a life sciences real estate development company, and co-developer Meredith Management, announced the start of construction on the $1 billion Fenway Center development, a state-of-the-art life science campus that will anchor a growing life science district between Kenmore Square and the Longwood Medical and Academic Area.
The project will be situated on an air rights deck over the Massachusetts Turnpike connecting the Beacon Street and Brookline Avenue bridges at the western gateway to Boston, and it will dramatically improve pedestrian connections between the Longwood Medical Area and the Audubon Circle, Fenway, Kenmore Square, Boston University and Back Bay neighborhoods.
Once completed, the LEED Gold certified Fenway Center will include a new two-tower, interconnected life science campus. It is adjacent to BOWER, a new 312-unit luxury apartment complex that contains 38,000sf of amenityoriented retail, the Lansdowne MBTA Commuter Rail Station, Fenway Park and the Lansdowne Entertainment District.
The project design, which was approved by the City of Boston last year, features more than 960,000sf of lifescience buildings with approximately 10,000sf of ground floor retail along Brookline Avenue and Beacon Street, along with an automated garage that will be accessible from both buildings.
Fenway Center will also feature approximately 1.6 acres of landscaped green space that will be called Life Science Park: A Monument to Life Sciences and Public Health. The park will connect Brookline Avenue, Lansdowne Station and Beacon Street, and it will feature art and exhibition spaces dedicated to the history, achievements, heroes and consequential impacts of the life sciences and public health sectors. The space will include a large plaza and a roughly 700-foot-long public pedestrian walkway.
The private investment in Fenway
Fenway Center rendering - plaza view
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