At Bisnow's Seaport Event: Inside Scoop from Fallon Company

At Bisnow’s 3rd Annual State of the Seaport event, March 26, Fallon Co EVP Richard Martini will let us in on the how and why its projects at the South Boston waterfront and Fan Pier have been among the most successful and transformative in the region, i.e. the 1.1M SF Vertex office/lab complex is under agreement to be sold for $682/SF. Richard, the company’s design, development, and construction guru, is hip deep in Fan Pier’s fourth building (above, the actual building will be larger, they assure us): 22 Liberty, 111 luxury condos at the water’s edge. Slated for late ’15 occupancy, Fallon has long been marketing the $1M-plus homes to a waiting list of 2,000 people, Richard tells us.

Soon, construction will start on an office building where last year, Goodwin Proctor agreed to lease 360k SF. Also, design work is underway on building six—an adjacent hotel or hotel/residence. The Fallon Co’s “overnight” success has taken 13 years, Richard says. In '02, it started work in the neighborhood on the Parklane Apartmentsin ’04, on the Westin Boston, and in 08, on Fan Pier’s ONE Marina Park Dr office building “more or less on spec”, he says. Now, construction is well underway on the area’s first big, new condo project (above) and the momentum at Fan Pier and the Seaport is exciting and gratifying. Hear more, register here.

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

Healthpeak Secures Approval For $4.5B Alewife Project

NYC Pushes To Use Opportunity Zone 2.0 For Mamdani's Housing Goals

DOJ Charges LA Nonprofit Workers With Misusing $8.7M Meant For Housing Aid

Philly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?

'We're At A Juncture': Downtown Boston Retail Finds Its Post-Pandemic Footing

Bugatti Lends Brand To 60-Story Miami Condo Tower

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

FBI Drops Investigation Into Financially Troubled StoryBuilt

Energy Company Opens 125K SF Newton Office: The Boston Deal Sheet

Simon Approaching End Of The Road With Struggling Suburban Boston Mall

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Dublin BTR Had A €1B Summer