{"id":1004672376,"date":"2023-07-17T02:37:37","date_gmt":"2023-07-17T10:37:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004672376"},"modified":"2023-07-18T07:29:19","modified_gmt":"2023-07-18T15:29:19","slug":"ws-development-tops-out-boston-office-development","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ws-development-tops-out-boston-office-development\/","title":{"rendered":"WS Development Tops Out Boston Office Tower"},"content":{"rendered":"
\"One<\/a>

One Boston Wharf. Image courtesy of WS Development<\/em><\/p><\/div>\n

WS Development<\/strong> has topped out One Boston Wharf, a 707,000-square-foot office building in Boston. The developer began construction on the project in summer 2021, with delivery expected in 2024. Turner Construction<\/strong> serves as general contractor; Copenhagen-based Henning Larsen<\/strong> collaborated with Gensler<\/strong> for the development’s design.<\/p>\n

Once completed, One Boston Wharf is expected to be the city\u2019s largest net-zero carbon office building. The structure will reduce greenhouse gas emissions by more than 90 percent compared to code requirements and will eliminate 5.1 million pounds of CO2<\/sub> emissions each year.<\/p>\n

\n

READ ALSO:<\/strong> The Big City Rebound and Its CRE Implications<\/a><\/p>\n

\n

Rising 17 stories at 1 Boston Wharf Road, the tower will also include 77,000 square feet of retail when complete. Amazon already committed to leasing the entirety<\/a> of the property\u2019s office space, amounting to 630,000 square feet, in January 2021. Amenities will include multiple outdoor terraces, a public space, as well as the 700-seat Seaport Performing Arts Center, that will be located on the second and third floors of the building.<\/p>\n

One Boston Wharf is part of Boston Seaport, the single largest active development project in Boston\u2019s history. The 33-acre mixed-use district is currently home to more than 350 companies and includes 7.6 million square feet for various uses, featuring residential, hotel, office, retail and entertainment, among others.<\/p>\n

Amazon, a repeat tenant<\/h2>\n

Before One Boston Wharf, WS Development completed another office high-rise in Boston Seaport, again with the help of Turner Construction. In November 2020, the companies topped out the 525,000-square-foot 111 Harbor Way<\/a>, which Amazon had also leased the majority of.<\/p>\n

WS Development has a portfolio that includes more than 100 properties totaling more than 22 million square feet of existing space. An additional 9 million square feet are in the developer’s pipeline.<\/p>\n

More recently, WS Development and Nuveen Real Estate refinanced their 675,000-square-foot grocery-anchored, lifestyle center<\/a> in Dedham, Mass., with a $190 million loan. Whole Foods, Apple, L.L. Bean and Showcase Cinemas anchor the property.<\/p>\n","protected":false},"excerpt":{"rendered":"

Amazon will occupy the building’s entire office space upon its 2024 completion.<\/p>\n","protected":false},"author":883,"featured_media":1004672381,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21782,21742,10,21747],"tags":[33012,33850,40155],"class_list":["post-1004672376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-development","category-latest","category-northeast","category-office","tag-gensler","tag-turner-construction-company","tag-ws-development"],"acf":[],"yoast_head":"\nWS Development Tops Out Boston Office Tower - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"WS Development has topped out One Boston Wharf, a 707,000-square-foot office building in Boston. 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