Skanska to Develop 27-Story Workplace Tower in Boston’s Back Bay

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Global construction and also growth company Skanska has actually introduced strategies to construct a 27-story office tower in Boston’s Back Bay community. The firm reportedly paid $177 million for the advancement website.

Found at 380 Stuart St., the 3,000-square-foot parcel is just one of the community’s last remaining developable websites. Skanska prepares to construct a 625,000-square-foot building at the site. A vacant 144,000-square-foot building currently sites on the site, which is nearby Back Bay’s 62-story John Hancock high-rise building. Prepare for the building require ground-floor retail, below-ground car parking and LEED Platinum accreditation.

“While Boston has confirmed to be a significant hub with a strong occupant base in medical, education and learning, life-sciences and also financing, Back Bay is an ideal location to bring a new, modern-day as well as flexible workplace structure to the area,” stated Russell DeMartino, USA Exec Vice Head Of State at Skanska.

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