{"id":1004124855,"date":"2015-08-07T07:32:11","date_gmt":"2015-08-07T15:32:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004124855"},"modified":"2022-12-06T15:18:40","modified_gmt":"2022-12-06T23:18:40","slug":"john-hancock-adds-to-boston-signature","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/john-hancock-adds-to-boston-signature\/","title":{"rendered":"John Hancock Adds to Its Signature"},"content":{"rendered":"

By Keith Loria, Contributing Editor<\/em><\/p>\n

John Hancock is hoping to develop a $350 million Class A office tower in Boston\u2019s Back Bay. The U.S. affiliate of Manulife has submitted plans to the Boston Redevelopment Authority for a 625,000-square-foot project at 380 Stuart St., the current location of a nine-story building owned by John Hancock now sits.<\/p>\n

\"John<\/a>

John Hancock’s proposed tower at 380 Stuart St. in Boston’s Back Bay<\/p><\/div>\n

\u201cWe are excited about this development because we\u2019ll be able to convert a site that currently has an asset that has reached the end of its useful life to a dynamic office building that will enliven a mid-block location,\u201d Thomas Crohan, John Hancock\u2019s associate vice president & counsel for corporate responsibility and government relations, told Commercial Property Executive<\/em>. \u201cThe decision to build at 380 Stuart Street was made based primarily on its long-term corporate growth potential and securing our company\u2019s ability to use our assets fully.\u201d<\/p>\n

As with previous real estate developments by John Hancock and Manulife, the entire project will be funded in-house, with no lenders, partners or third-parties involved in the process.<\/p>\n

\u201cThis project reflects John Hancock\u2019s philosophy to use company-owned and managed buildings for our corporate needs,\u201d Crohan said, noting that the site is adjacent to other company-owned assets in the Back Bay. \u201cWe\u2019ve been in this neighborhood since 1922 and want to enhance the neighborhood by improving this site,\u201d he added.<\/p>\n

John Hancock also owns the nearby 197 Clarendon and 200 Berkeley buildings. Both have won the Boston Society of Architects\u2019 Harleston Parker Award for best new building, as has John Hancock\u2019s property at 200 Clarendon.<\/p>\n

The 380 Stuart St. project will feature a curved glass fa\u00e7ade designed to minimize wind impacts.<\/p>\n

The architectural team working on the project is Skidmore Owings Merrill & CBT; the project manager is Colliers International.<\/p>\n

If approved, project construction is expected to commence in late 2016, with completion set for early 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

Manulife’s U.S. affiliate plans a $350 million office tower in Boston’s Back Bay. <\/p>\n","protected":false},"author":451,"featured_media":1004124857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21781,21782,21808,21742,21747],"tags":[],"class_list":["post-1004124855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-real-estate","category-development","category-featured","category-latest","category-office"],"acf":[],"yoast_head":"\nJohn Hancock Adds to Its Signature - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/john-hancock-adds-to-boston-signature\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"John Hancock Adds to Its Signature\" \/>\n<meta property=\"og:description\" content=\"Manulife's U.S. affiliate plans a $350 million office tower in Boston's Back Bay.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/john-hancock-adds-to-boston-signature\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-07T15:32:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T23:18:40+00:00\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/John-Hancock_380-Stuart_Boston.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/john-hancock-adds-to-boston-signature\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/john-hancock-adds-to-boston-signature\/\",\"name\":\"John Hancock Adds to Its Signature - 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