Boston – Phase 1 of the Pier 4 project, a three phase project located on 9.5 acres. Phase 1 is a $150 million project that will transform an existing restaurant, patio, surface parking, and deteriorating pier into a mixed-use complex with 625,000sf of residential space, 20,000sf of public civic space, and 20,000sf of ground floor retail space. Thirty-five of the 383 residential units will be affordable, and 50 will be innovation housing.
New waterfront open space areas will be created, including a one-acre Waterfront Park, Waterfront Plaza, 1,800 feet of Harborwalk, the Water Commons consisting of a water taxi landing area and covered waiting area, public restrooms, and the all-seasons gathering area linking to the civic space. The deteriorating pier will undergo significant repairs, and the area will house a “touch and go” dock, fish cleaning station and bait and tackle shop. Additionally, approximately $2 million will be contributed to improved water transportation services in the District.
Parking will move below ground opening surface area space for pedestrian use. Community activities in new, open waterfront space will be created, and a pedestrian and vehicular network across the 9.5 acres will be built improving the physical and visual access of the public to the harbor.
Cost $150 millionTotal
Square footage, phase I: 373,000 sf
Phase I will create 400 construction jobs.
The development team includes New England Development LLC, and architects ADD Inc,.