LANDSEA INTRODUCES BOSTON’S IMPORTANT LANDMARKPIERCE BOSTON BREAKS GROUND
On Oct 15th, 2015 Mayor Martin Walsh and Boston City Councilor Josh Zakim joined developer Landsea partnership with Sameuls & Associates and in association with Weiner Ventures to celebrate the groundbreaking of Pierce Boston this morning. Pierce will be a striking 30-story tower at the corner of Boylston Street and Brookline Avenue., Pierce Boston will include 109 condominium units, 240 rental units and more than 20,000 square feet of street-level retail and restaurant space. After finshed, Pierce Boston will reshape the Boston skyline from the west with dramatic profile.
The tower design is bold and contemporary, drawing the eye upward with its glass-wrapped exterior, with a slender profile and triangular site that is visually striking from all angles. On-site amenities will include a rooftop swimming pool, fitness center, restaurant, 24/7 concierge service and 80 adjacent parking spaces. Pierce Boston’s 40 EB-5 quotas were already sold out; the condo pre-sale in Chinese market will start this year in the middle of November.
Designed by world-renowned architects Arquitectonica as their first Boston property., Arquitectonica spans the globe, with projects in 54 countries on five continents. Well-known projects include the Microsoft Europe Headquarters in Paris, the Bronx Museum in New York, Festival Walk and the Cyberport Technology Campus in Hong Kong, the International Finance Center in Seoul, the US Embassy in Lima, and the Infinity towers in San Francisco.
"This venture represents the next stage in Landsea’s vision of establishing a national U.S. residential development company." said Landsea Founder and Chairman Tian Ming. "With its strong foundation in education, medical sciences and regional economics, Boston continues to attract top employers, students and investors. The northeast region, and Boston in particular, provides the basic investment traits we value in our growth here in the U.S.”
Situated in the heart of the city, Pierce Boston is a fresh addition to Boston’s most vibrant and flourishing neighborhood, The Fenway. It is the only building of its kind in the area, and will significantly raise the profile of the neighborhood and add a contemporary sophistication to Boston’s skyline.
“The Fenway has been completely reinvigorated over the last decade, and Pierce Boston is the jewel in its crown,” said Steve Samuels, chairman and principal, Samuels & Associates. “This is our first project to make this level of impact on Boston’s skyline, and it will add a sense of drama and beauty to this gateway parcel that will be like nothing the city has seen before.”
About Landsea US
In the United States, Landsea is currently developing communities, including; a luxury high-rise set along the banks of the Hudson River with spectacular views of the Manhattan skyline in Weehawken, New Jersey, Kingswood, 109 beautifully designed townhomes in Dublin, California, and The Westerly, an exciting new community with three new home neighborhoods in Simi Valley, California.
About Samuels & Associates
Samuels & Associates specializes in creating mixed-use development projects, with a focus on transit oriented development, sustainability and community needs. With more than two decades of success in development, leasing and management of retail and residential project, the Samuels & Associates team is widely recognized for its effectiveness at placemaking. Active pedestrian environments, integrated retail, restaurant and open spaces, and quality residential and commercial spaces are hallmarks of Samuels developments.
About Weiner Ventures
Weiner Ventures is a real estate investment and development firm with a notable portfolio of large mixed-use projects in the Boston area. Weiner Ventures owns the former Museum of Natural History, now the new home of Restoration Hardware, and was recently designated by MassDOT to develop Turnpike Air Rights Parcels 12 and 15 in Boston’s Back Bay, along with Samuels & Associates. In addition, Weiner Ventures is a strategic investment partner with Samuels in multiple mixed-use projects in the Fenway, including Landmark Center, the under-construction “The Van Ness” residential and office building with anchor retailer Target, and the in-permitting “The Point” residential and retail building located at the gateway intersection of Boylston Street and Brookline Avenue. Weiner Ventures has served as a strategic partner on a wide variety of projects developed, owned, and managed by real estate development firms S. R. Weiner & Associates and W/S Development, including the Mandarin Oriental Boston, The Street in Chestnut Hill, MA, and The Derby Street Shoppes in Hingham, MA.