A New York real estate developer plans to break ground late this year on a 13-story office tower, 100-unit condo building and underground parking garage on the former site of Anthony’s Pier 4 restaurant in South Boston.

Tishman Speyer paid $71 million to acquire the two parcels from Newton-based New England Development on Dec. 23, according to Suffolk County Registry of Deeds records.

The popular gathering spot and tourist attraction closed in July 2013 after 50 years in business. Plans call for a 370,000-square-foot office building, a nine-story condo building and a three-level underground garage. Both buildings will include ground-floor space dedicated for retail or restaurant uses. A one-acre public park will be built on the waterfront site.

Completion is expected in 2018, Tishman Speyer said in a press release. Renderings of the new buildings were not available, according to a Tishman Speyer spokesman.

An earlier phase of the development, the 100 Pier 4 apartment building being developed by the Hanover Co. of Houston, will open in March. Prices range from $2,500 per month for studios to $8,600 for three-bedroom units. The complex contains 369 apartments in a 21-story tower at 142 Northern Ave.

Tishman Speyer’s holdings include New York’s Rockefeller Center and Chrysler Center and locally, 125 High St. and One Federal St. in Boston.

New Pier 4 Site Owner Will Break Ground This Year

by Banker & Tradesman time to read: 1 min
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