Coming Soon PARCEL H - Massachusetts Port Authority

Coming Soon...

PARCEL H

South Boston Waterfront RFP Offering

Real Estate & Asset Management Department

OFFERING SUMMARY

? One of the last available parcels in the South Boston Waterfront, among the most sought-after real estate markets in the country

? 1.1 acre parcel (46,500 SF) to be made available through long-term ground lease

? Potential to add an additional 1.4 acres (62,000 SF) with air rights over the Silver Line

? Up to 600,000 sf of transit-oriented, mixed-use development potential

? Prominent location with street frontage on Congress Street and one block from the Boston Harbor

? Nearby open space and roadways ensure permanent city and water views

? Parking available at Massport's nearby South Boston Waterfront Transportation Center (SBWTC), a 1,550-parking space facility

? MBTA Silver Line Way stop located on Parcel H provides frequent public transit service to and from South Station and Logan International Airport

? Consistent with recent development RFPs, Massport intends to place special emphasis on diversity and inclusion throughout the project team

PARCEL H

OFFERING

Heart of the South Boston

Waterfront

A unique opportunity to develop up to two acres in the heart of the South Boston Waterfront: take advantage of the growth that has brought millions of SF to one of the hottest markets in the country.

CHARLESTOWN

90 Excellent access to public transit and regional highways.

Regional Access

CAMBRIDGE

NORTH END 1A EAST BOSTON

Global Connectivity

Logan International Airport Connections to 76 domestic & 58 International destinations just minutes away.

BEACON HILL

93

DOWNTOWN

PARCEL H 90

BACK BAY

Transit Oriented Development

On-site MBTA Silver Line transit provides direct, frequent connections to LoSgOanUTAHirpEoNrDt and South Station; at peak hours, the Silver Line runs every two minutes.

PARCEL H

SOUTH BOSTON

OFFERING Lorem ipsum

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General Electric HQ

Boston Convention & Exhibition Center

Seaport Square/Amazon

440,000 SF Class A Office Opening 2021

Alexion

NEMA Seaport

414-unit residential Opening 2019

Echelon Seaport

735-unit residential Opening 2019

Parcel A-2

600,000 SF Class A Office Opening 2022

Gables Seaport

307-unit residential Opening 2020

Vertex

Goodwin Proctor

Institute of Contemporary Art

Commonwealth Pier

Reinvestment in 600,000 SF space

Boston Harborwalk 43-mile continous open space along

Boston Harbor

Omni Hotel

Future 1,055 key hotel Opening 2021

South Boston Waterfront

Transportation Center

1,550 parking spaces available to Parcel H

90

PARCEL H

City Views

Parcel H

46,500 SF

Overbuild Parcel

Up to 62,000 additional SF

Harbor Views

Parcel K Residential

293-unit residential Opening 2020

Hyatt Place

304-key hotel Opening 2020

Boston Harborwalk

300 feet away

Blue Hills Bank Pavilion

Waterfront concert venue

$

Prime Real Estate Development

Parcel H has 600,000 sf of mixed-use development potential. The South Boston Waterfront continues to experience tremendous growth, fueled by Boston's highly educated workforce, growth in Boston's life sciences and new-tech sectors, and an overall strong local economy.

PARCEL H

OFFERING

$

Nearby Amenities

Dozens of nearby restaurants, shops, hotels, and cultural institutions provide world-class amenities for employees, residents, and visitors.

Strong Market

The South Boston Waterfront's educated and talented workforce is attracting world-class companies, yielding high returns on commercial investment.

48%

of residents have at least

a Bachelor's Degree

$212,000

average household income

$5+

per SF average apartment rent

$1,200

per SF achieved for sales of Class A office space

An Experienced Partner

Since 1999, Massport has successfully partnered with developers to complete nearly seven million square feet of commercial projects, including over three million square feet of commercial / office space, 1,800 apartments and 2,200 hotel rooms. The mixed-use Parcel H project will build upon Massport's success in executing long-term ground leases.

PARCEL H

OFFERING

COMING SPRING/SUMMER 2019

For more information, please contact: Luis Mejias

Senior Development Manager 617-568-3113

PARCEL H

OFFERING

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