News

Skanska Goes Spec On Latest Seaport Development

Courtesy of SGA
Two Drydock

With a string of speculative Boston development successes under its belt, Skanksa USA is hoping for another on the Seaport’s eastern edge.

Skanska has begun construction on Two Drydock, a $128M, 225K SF office building at 2 Drydock Ave. in the Seaport. Just as the developer did at its 121 Seaport and 101 Seaport developments, Skanska is building Two Drydock on spec. Both of those buildings were successfully leased during construction, with PricewaterhouseCoopers going to 101 Seaport and 121 Seaport landing PTC and Alexion Pharmaceuticals. Now Skanska hopes to replicate that success down the street.

“We planned Two Drydock with the evolving needs of today’s modern workforce in mind, and are delivering a welcoming, unique and flexible building which adds to the vibrancy of the neighborhood,” Skanska USA Executive Vice President and Regional Manager Charley Leatherbee said in a prepared statement. “Our tenants will be in good company surrounded by a diverse mix of pioneering startups and businesses.”

The SGA-designed building will include 9,500 SF of ground-floor retail, a 12K SF public plaza, a fitness center and a 7,500 SF rooftop terrace. Construction is scheduled to complete at the end of 2019.

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

More Choice, Higher Expectations: How Occupier Demands Are Shaping The Office Market

Skydance Eyes Real Estate Cuts, Consolidation In $6B Cost-Saving Push

Lender Takes Control Of Vacant Somerville Lab Building Following Failed Sale

AI Companies Distort London Office Rents As Low-Key 'Flight To Value' Emerges

D.C. Approves $275M For Downtown Conversion With Grocery Store

Kraft Group Seeks To Build $16B Data Center Campus: The Boston Deal Sheet

Wu Proposes Loosening Affordable Housing Mandates To Spur Development

27-Story Mag Mile Office Tower Slated For Foreclosure Auction

RXR Signs Investment Bank To 220K SF Lease In FiDi

Workday Offers Up 140K SF Of Dublin HQ Despite Tightening Office Market

Scotiabank Buys Y'all Street Office Tower In Dallas' Victory Park District

KBS REIT III Gets Short Reprieve On $455M In Office Loans