{"id":1004643578,"date":"2023-02-03T04:01:01","date_gmt":"2023-02-03T12:01:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004643578"},"modified":"2023-02-03T06:19:29","modified_gmt":"2023-02-03T14:19:29","slug":"trammell-crow-jv-to-start-1-msf-boston-mixed-use-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-jv-to-start-1-msf-boston-mixed-use-project\/","title":{"rendered":"Trammell Crow Eyes 1 MSF Boston Mixed-Use Project"},"content":{"rendered":"<div id=\"attachment_1004643605\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Life-Science-Generic-e1675424821505.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004643605\" data-attachment-id=\"1004643605\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-jv-to-start-1-msf-boston-mixed-use-project\/life-science-generic\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Life-Science-Generic-e1675424821505.jpg\" data-orig-size=\"582,436\" 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;1&quot;}\" data-image-title=\"Life-Science-Generic\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Image courtesy of Trammell Crow Co.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Life-Science-Generic-e1675424821505.jpg?w=582\" class=\"wp-image-1004643605 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Life-Science-Generic-e1675424821505.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Life-Science-Generic-e1675424821505.jpg 582w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Life-Science-Generic-e1675424821505.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004643605\" class=\"wp-caption-text\">Image courtesy of Trammell Crow Co.<\/p><\/div>\n<p><strong>Trammell Crow Co.<\/strong> is in the early stages of planning a two-phase, 1 million-square-foot redevelopment project in Boston. Upon completion, the mixed-use campus will include three Class A properties featuring 771,000 square feet of life science, office and retail space, together with 200 affordable apartments built in partnership with nonprofit developer <strong>The Community Builders<\/strong>.<\/p>\n<p>The redevelopment project, to come online on 7 acres along Soldiers Field Road in the Brighton section of Boston, will cover two neighboring parcels. The site has not changed much since the 1950s and includes the International House of Pancakes, the former Days Inn, surface parking lots and several car dealerships.<\/p>\n<hr>\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/exploring-redevelopment-opportunities-within-life-sciences\/\">Exploring Redevelopment Opportunities Within Life Sciences<\/a><\/p>\n<hr>\n<p>The developers are still working through the entitlement process so a specific timetable for the two phases is not available yet. However, initial plans call for the first phase to occur on the sites located at 1600 Soldiers Field Road and 15 Soldiers Field Place. Once infrastructure required to support the residential buildings is completed, TCC will donate the land to TCB to develop two communities with 100 units to be constructed in each phase.<\/p>\n<h2>A two-phase redevelopment<\/h2>\n<p>Phase One is set to comprise two commercial buildings of 153,000 and 338,000 square feet, respectively, that will take shape near one residential property. They will have a mix of life science, office and ground-floor retail space.<\/p>\n<p>The third and final commercial building will be constructed in the second phase at 1800 and 1850 Soldiers Field Road and have approximately 230,000 square feet of space. Phase Two will also include the second and final 100-unit residential building.<\/p>\n<p>Sam Schaefer, principal with TCC in Boston, said in prepared remarks the commercial component of the mixed-use redevelopment project will add to the growing and much-needed <a href=\"https:\/\/www.commercialsearch.com\/news\/greatland-rockwood-land-financing-for-boston-area-life-science-project\/\">life science space in Boston<\/a>, which continues to be the number one hub for life science in the nation.<\/p>\n<p>As part of the master plan, TCC will also coordinate with the Department of Conservation and Recreation to improve the Leo M. Birmingham Park and Parkway and upgrade the Interstate 90 underpasses.<\/p>\n<h2>TCC&#8217;s life science projects<\/h2>\n<p>As of September 30, TCC had $19.5 billion of ongoing projects, with $13.5 billion in its pipeline. Although most of its recent activity across the U.S. pertains to industrial spaces, TCC has also been developing several life science properties.<\/p>\n<p>In December, TCC and Washington Capital Management broke ground on an 11-story, 282,700-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-breaks-ground-on-seattle-life-science-building\/\">life science development in Seattle\u2019s Denny Triangle neighborhood<\/a>. With delivery expected by December 2024, the building is taking shape near Boren Lofts, a 10-story, 136,217-square-foot life science property completed last year by the joint venture.<\/p>\n<p>Last May, TCC announced it would be developing the first phase of a life science project with <a href=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-to-build-life-science-campus\/\">757,000 square feet of lab and R&amp;D space<\/a> across three buildings on The Johns Hopkins University\u2019s Belward campus in the Shady Grove area of Montgomery County, Md. Ultimately the project could have up to seven buildings totaling about 1.6 million square feet on the 20.6-acre site.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Upon completion, the redeveloped campus will comprise life science, office and retail space.<\/p>\n","protected":false},"author":1068,"featured_media":1004643605,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21782,21752,21742,10],"tags":[32893],"class_list":["post-1004643578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-development","category-mixed-use","category-latest","category-northeast","tag-trammell-crow-company"],"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>Trammell Crow Eyes 1 MSF Boston Mixed-Use Project - CPE<\/title>\n<meta name=\"description\" content=\"Trammell Crow Co. and The Community Builders plan to start a two-phase, 1 million-square-foot redevelopment project in Boston.\" \/>\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\/trammell-crow-jv-to-start-1-msf-boston-mixed-use-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trammell Crow Eyes 1 MSF Boston Mixed-Use Project\" \/>\n<meta property=\"og:description\" content=\"Trammell Crow Co. and The Community Builders plan to start a two-phase, 1 million-square-foot redevelopment project in Boston.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-jv-to-start-1-msf-boston-mixed-use-project\/\" \/>\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=\"2023-02-03T12:01:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-03T14:19:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Life-Science-Generic-e1675424821505.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"582\" \/>\n\t<meta property=\"og:image:height\" content=\"436\" \/>\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\/trammell-crow-jv-to-start-1-msf-boston-mixed-use-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-jv-to-start-1-msf-boston-mixed-use-project\/\",\"name\":\"Trammell Crow Eyes 1 MSF Boston Mixed-Use Project - 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