{"id":1004479615,"date":"2020-09-23T01:07:36","date_gmt":"2020-09-23T09:07:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004479615"},"modified":"2020-09-23T05:43:13","modified_gmt":"2020-09-23T13:43:13","slug":"somervilles-1st-life-sciences-building-tops-out","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/somervilles-1st-life-sciences-building-tops-out\/","title":{"rendered":"Somerville&#8217;s 1st Life Sciences Building Tops Out"},"content":{"rendered":"<div id=\"attachment_1004479624\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004479624\" data-attachment-id=\"1004479624\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/somervilles-1st-life-sciences-building-tops-out\/101-south-st-boynton-yards-rendering\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"101 South St., Boynton Yards. Image courtesy of DLJ Real Estate Capital Partners and Leggat McCall Properties\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;101 South St., Boynton Yards. Image courtesy of DLJ Real Estate Capital Partners and Leggat McCall Properties&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg?w=800\" class=\"wp-image-1004479624 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg\" alt=\"101 South St., Boynton Yards. Image courtesy of DLJ Real Estate Capital Partners and Leggat McCall Properties\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004479624\" class=\"wp-caption-text\">101 South St., Boynton Yards. <em>Image courtesy of DLJ Real Estate Capital Partners and Leggat McCall Properties<\/em><\/p><\/div>\n<p>DLJ Real Estate Capital Partners, Leggat McCall Properties and Shawmut Design and Construction have topped off 101 South Street, a nine-story, 290,000-square-foot Class A mixed-use building that will be the first life sciences property in the Boston suburb of Somerville, Mass. It is the first of three life sciences buildings being constructed as part of the Boynton Yards <a href=\"https:\/\/www.commercialsearch.com\/news\/federal-realty-inks-150-ksf-lease-at-boston-mixed-use\/\">development in Somerville<\/a> and is on slated for completion next summer.<\/p>\n<hr>\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/top-5-markets-for-office-construction-activity-4\/\">Top 5 Markets for Office Construction Activity<\/a><\/p>\n<hr>\n<p>The project broke ground in June 2019, aided by a <a href=\"https:\/\/www.commercialsearch.com\/news\/life-sciences-generates-abundant-cre-opportunities\/\">$140 million first mortgage construction loan<\/a> from Bank OZK arranged by JLL for DLJ Real Estate Capital Partners and Leggat McCall Properties.<\/p>\n<p>The building\u2019s state-of-the-art lab space is designed to achieve LEED Gold and WiredScore Platinum certifications and expected to include advanced wet and dry R&amp;D labs and column-free, 35,000-square-foot floor plates for maximum flexibility. The asset will have first-floor retail, community art spaces, indoor bike storage and a four-level underground parking garage for 250 vehicles. The two-story lobby, which will also have retail space, will overlook public green areas and walking paths. With nearly 7 acres of land, Boynton Yards is slated to become a work-live-play neighborhood featuring more than 1 million square feet of commercial, residential, retail, public green, arts and performance spaces. The project is expected to bring 4,000 permanent jobs to the city of Somerville and establish it as another prominent life sciences hub in the region.<\/p>\n<p>The development is located about 1 mile from Kendall Square\/MIT in Cambridge, an epicenter of the biotech\/life sciences industry, and will be less than a 5-minute walk from the new MBTA Green Line station at Union Square, also scheduled to open in 2021.<\/p>\n<h2>Building during COVID-19<\/h2>\n<p>The developers are particularly proud of the team\u2019s ability to safely continue the project during the coronavirus pandemic. Shawmut deployed enhanced safety protocols to mitigate the risk of infectious disease spread across all its jobsites nationwide including the development and deployment of Shawmut Vitals. The custom technology platform allows team members to self-certify daily health screenings by scanning a job-specific QR code and completing a health survey. In addition to Shawmut, the general contractor on the project, other firms that are part of the development and construction team are architecture firms SGA and Hashim Sarkis Studios.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The nine-story, 290,000-square-foot property in the Boston suburb, part of a three-phase project, is expected to reach completion next summer.<\/p>\n","protected":false},"author":1068,"featured_media":1004479624,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21782,21808,21742,10,21747],"tags":[33336,39282],"class_list":["post-1004479615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-development","category-featured","category-latest","category-northeast","category-office","tag-dlj-real-estate-capital-partners","tag-leggat-mccall-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Somerville&#039;s 1st Life Sciences Building Tops Out - 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\/somervilles-1st-life-sciences-building-tops-out\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Somerville&#039;s 1st Life Sciences Building Tops Out\" \/>\n<meta property=\"og:description\" content=\"The nine-story, 290,000-square-foot property in the Boston suburb, part of a three-phase project, is expected to reach completion next summer.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/somervilles-1st-life-sciences-building-tops-out\/\" \/>\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=\"2020-09-23T09:07:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-23T13:43:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\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\/somervilles-1st-life-sciences-building-tops-out\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/somervilles-1st-life-sciences-building-tops-out\/\",\"name\":\"Somerville's 1st Life Sciences Building Tops Out - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/somervilles-1st-life-sciences-building-tops-out\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/somervilles-1st-life-sciences-building-tops-out\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg\",\"datePublished\":\"2020-09-23T09:07:36+00:00\",\"dateModified\":\"2020-09-23T13:43:13+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/somervilles-1st-life-sciences-building-tops-out\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/somervilles-1st-life-sciences-building-tops-out\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/somervilles-1st-life-sciences-building-tops-out\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/101-South-St.-Boynton-Yards-rendering.jpg\",\"width\":800,\"height\":620,\"caption\":\"101 South St., Boynton Yards. 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