Boston – Skanska USA Commercial Development Inc. and Twining Properties have acquired Block K of Seaport Square in Boston’s Innovation District from MS Boston Seaport, LLC. Together they will develop Watermark Seaport, a planned residential tower with more than 300 apartments and 25,000sf of retail space targeting LEED Gold certification.
Watermark Seaport will be located on the southeast corner of Seaport Boulevard and Boston Wharf Road within the 25-acre Seaport Square, which is planned to contain 6.35 million sf of residential, office, retail, hotel, and civic/cultural space upon completion. Seaport Square will also contain several parks, which, in addition to serving as highly desirable amenity space for residents of Watermark Seaport, will preserve open views of Boston Harbor and the city’s skyline from the building.
“The Innovation District provides one of the most exciting opportunities for development in Boston in many years and we are eager to contribute to this area. The plan for a mix of uses will allow for the creation of a dynamic neighborhood where people will want to live, work and play,” said Shawn Hurley, Executive Vice President and Regional Manager of Skanska USA Commercial Development in Boston.
Twining Properties has been involved with Seaport Square since 2007 advising Morgan Stanley on the 2.85 million sf residential program during the master planning and approvals phase.
Skanska and Twining to Develop Apartments
Boston – Skanska USA Commercial Development Inc. and Twining Properties have acquired Block K of Seaport Square in Boston’s Innovation District from MS Boston Seaport, LLC. Together they will develop Watermark Seaport, a planned residential tower with more than 300 apartments and 25,000sf of retail space targeting LEED Gold certification.