News

One Post Office Square To Get $250M Exterior Upgrade

Courtesy of Gensler
Rendering Of One Post Office Square After Renovation

JLL’s Boston office is about to get a pricey facelift.

Developers hope to start work in 2018 on a $250M upgrade on the concrete facade at One Post Office Square. The modernization project would reclad the 41-story building with glass and expand it from 853K SF to 1.1M SF, the Boston Herald reports. A midlevel “porch” and penthouse club would be added, and the building’s parking garage would be replaced with an automatic parking system.

JLL and investment firm Anchor Line Partners hired architecture firm Gensler to design the building’s renovation. Putnam Investments is vacating 300K SF in the building for One Federal Street, and a Boston Planning & Development Agency filing for the project notes One Post Office Square is “no longer at the top of the leasing market.”

“It’s a once-in-a-lifetime opportunity to take an A-plus location, with a building just shy of 40 years old, and to reposition it for the needs of tenants for the 21st century,” Anchor Line co-founder Andrew Maher told the Herald. “The building doesn’t have the same attributes of new construction today.”

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Global Investor Buys 8 Mass. Industrial Buildings For $76.5M: The Boston Deal Sheet

JPMorgan Relocating, Expanding Philly Office

JLL Nabs Brokerage Team With Over 75 Years Combined At Rival CBRE

WeWork's UK and Ireland General Manager On How Hospitality Is Raising The Bar For The Modern Office

Microsoft Sues JLL For Protection Against Lawsuit At NYC Office Project

Revere Beach Apartments Sell For $77M

Brandywine Lands Full-Floor Tenant At Cira Centre

Developer Inks Deal To Move HQ To Lerner's Tysons Tower

Where Occupier Fit-Outs Are Going Wrong And Why The Answer Is 70%

Denver Tech Center Office Tower Trades Hands For First Time In 14 Years

Law Firms Drive Boston Office Rents To Record Highs

3 Houston Office Properties, Vacant To Nearly Full, Change Hands