As The Boston Globe reported today, Tishman Speyer is breaking new ground by purchasing the former site of popular eatery Anthony’s Pier 4 in Boston, which will be the firm’s first development in the city.
Also known as the Seaport, the property will contain offices, condominiums, restaurants and a one-acre waterfront park.
“We think the Seaport is one of the most exciting mixed-use developments in the country,” Rob Speyer told the Globe. “We want to take one of the last sites on the waterfront and do something spectacular.”
Citing the city’s robust economy and booming real estate activity along the waterfront, Speyer said that the company plans on starting construction by the end of the year. “This will be our first opportunity, and we want to make the most of it,” Speyer said.
Read more on the deal in The Boston Globe.