
BPDA Approves New Lab Projects and Office Conversion
The largest community benefits agreement to support arts and culture in Boston history is the price that a lab developer will pay to replace Brighton’s Sound Museum with a life science campus.
The largest community benefits agreement to support arts and culture in Boston history is the price that a lab developer will pay to replace Brighton’s Sound Museum with a life science campus.
Labs and Boston’s traditional marine industrial economy have increasingly operated side-by-side in the Seaport District in recent years. The next area’s major development project would combine them under one roof.
Vertex Pharmaceuticals will occupy a new life science building at 22 Drydock Ave. in South Boston, bringing its commercial footprint in the neighborhood to over 1.9 million square feet.
With an offer that topped two other developers’ by over $19 million, Related Beal is set to be awarded the rights for a 337,516-square-foot project in South Boston’s Raymond L. Flynn Marine Park including a new job training center for the Gloucester Marine Genomics Institute.
As South Boston’s 191-acre Raymond L. Flynn Marine Park attracts more life science and robotics firms, three-quarter-acre site on Drydock Avenue is being offered up for redevelopment.
Danvers-based developer Kavanagh Advisory Group has submitted plans for another major project in Boston’s Seaport District, rebuilding the Wharf 8/Pier 7 site near the Blue Hills Bank Pavilion for a 122,500-square-foot commercial development.