News

One Post Office Square To Get $250M Exterior Upgrade

Photo credit: 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

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Boston Property Owners Raise Alarms About Cost Of Electric-Building Push

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

How A New Financing Model Helps Spur More Mixed-Income Housing

Law Firm Relocating To South Station Tower: The Boston Deal Sheet