Chiofaro – Harbor Square Mixed-Use Development – Massachusetts - Project Profile

Chiofaro – Harbor Square Mixed-Use Development – Massachusetts - Project Profile

  • March 2018 •
  • 8 pages •
  • Report ID: 4891843
Synopsis
"Chiofaro – Harbor Square Mixed-Use Development – Massachusetts - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Chiofaro – Harbor Square Mixed-Use Development – Massachusetts - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
The Chiofaro Company (Chiofaro) is planning to undertake the mixed-use development in Boston, Massachusetts, the US.

The project involves the construction of a 83,613m2 mixed-use community. It includes retail facilities, office spaces, condominiums, apartments, parking spaces and related facilities and the installation of elevators and safety systems.

The project has been approved by the Massachusetts Port Authority.

In June 2012, McDermott Ventures, the Boston public relations firm was appointed as the consultant.

Kohn Pedersen Fox Associates has been appointed as architect.

On June 26, 2014, Chiofaro submitted the revised plans to Boston Redevelopment Authority.

In July 2015, New England Aquarium was raising concerns about negative financial impact the towers could place on the attraction.

On September 9, 2015, Chiofaro was looking for tax break on tower.

In November 2015, Aquarium apposed that project would choke traffic along Atlantic Avenue and gobble up parking spaces that are essential to the aquarium and other waterfront businesses.

On December 3, 2015, Boston Redevelopment Authority (BRA) said it would be better to leave the aging building standing than approve a project that would be too big for the site.

In January 28, 2016, project has been placed on hold due to opposition from the local residents.

In September 2016, Chiofaro revised the project plans and detailed scope is yet to be revealed.

Planning activities are underway.

Scope
The project involves the construction of a 83,613m2 mixed-use community in Boston, the US.

The US$700 million project includes the following:
1. Construction of retail space
2. Construction of office spaces
3. Construction of condominiums
4. Construction of open space
5. Construction of parking spaces
6. Construction of related facilities
7. Installation of elevators and safety systems

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=UnitedStates Industry=Construction ParentIndustry=HeavyIndustry Date=201803 Publisher=Timetric Price=1000