News

321 Harrison Next Step In South End Transformation

This week the BRA gave the go-ahead for the development of the 230k SF 321 Harrison office building by Nordblom Co and Rubenstein Partners. Nordblom EVP and partner Og Hunnewell says it's part of the transformation of South End.

The growth of bioscience and biotech, especially with the South End as an incubator for those industries, is driving demand for the kind of space Nordblom and Rubenstein are developing, Og tells us. (Og's shown here with Todd Nordblom and Steve Logan.) "Housing in the area has been very dynamic as well. The youthful energy among the people who want to live there is remarkable," he says.

Many new residents are bioscience and biotech workers who want to live near their jobs. "We plan to create headquarters-quality corporate office space in the location to tap into the demand we're seeing here," says Rubenstein SVP Deke Schultze.

Nordblom has been involved in the South End for about 10 years, Og says, and he's seen it transform into a 24-hour neighborhood—a change that might not have been predictable a decade ago. "It's so close to the Back Bay, but until recently, the area's been invisible," he says. That's not the case any more.

The partners bought the 321 Harrison development site, and the adjacent existing 1000 Washington St office building, for $75M in early 2015. Together the properties will comprise 466k SF, and will be connected at lobby level, according to the approved plan.

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

Microsoft Sues JLL For Protection Against Lawsuit At NYC Office Project

Revere Beach Apartments Sell For $77M

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

Deutsche Hypo Finances Zadelhoff's Amsterdam Offices With €75M Loan

SFF Realty Partners Extends Spending Spree With $82M Acquisition In Downtown San Jose

Drawbridge Realty Acquires 180K SF Office Building In Sunnyvale For $219M

Downtown Los Angeles Retail, Office Hub The Bloc Up For Sale

Distress Divide: How Private vs. Institutional Investors Are Thinking About D.C. Office