Experience Serenity in the Square with: Harborside Home Center Marissa Berardi and Brent Myers-...

Experience Serenity in the Square with:

Harborside Home Center

Marissa Berardi and Brent Myers-Lawson

The Project

A mix of modern and historical style 490,000 square foot, LEED Certified (Gold), Mixed-use residential and retail space located at what is currently known as “parcel B” in the Seaport Square development.

The Area

Located in the commonly referred to “Innovation District”, the Seaport area of South Boston has recently seen restaurants, hotel, office space and apartment developments rising up due to the prime location which boasts close proximity to both the waterfront and downtown Boston.

Attractions in the area

Strategic Positioning

• Vertex to move into Marina Park Drive – 1.1M SF lease– Approximately 900

employees coming from current Cambridge location

• Seaport Square to create 10,000 impermanent and 20,000 permanent jobs

Why It Will Work – The Concept

• Comparable Properties: – Atlantic Wharf

• 80 Residential Condos• 30,000 SF of Retail

– Macallen Building • 143 Residential Units

Why It Will Work- The NumbersComparable Rents:• Park Lane Seaport– Approx $2.74 PSF

• 50 West Broadway – Approx 3.14 PSF

• Macallen Building– Approx 2.85 PSF

• Our Project – Rent at $3.10 PSF

Concept

Development Team

Financials