One Lincoln Street
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One Lincoln Street (also known as State Street Financial Center) is a skyscraper in Boston, Massachusetts on the edge of both the Financial District and neighborhood of Chinatown. Completed in 2003, it is was built using Boston Redevelopment Authority (BRA) guidelines. The 503 ft (153 m) building has a five-level underground garage that provides parking for 900 cars. [1]. It contains 1,000,000 square feet (93,000 square meter) of office space. It was designed by TRO Jung Brannen During the topping off ceremony Mayor Thomas M. Menino stated "One Lincoln will be a tremendous addition to the City and will become a signature gateway to the Financial District" [2]. The skyscraper is also the headquarters of the State Street Corporation.
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[edit] History
One Lincoln Street was the first speculative office building developed in downtown Boston since the late 1980s. Originally approved in 1990, One Lincoln was to be the first downtown office building to be developed through the City's Linkage Program which included the investment and participation of a group of City-designated local minority partners, Columbia Plaza Associates. Due to the downturn in the real estate market in the early 1990s, the project was put on hold. [3] As the market recovered and the office vacancy rate dropped, The Gale Company, backed by Morgan Stanley Real Estate Funds and The State Teachers Retirement System of Ohio entered into a development joint venture with Columbia Plaza Associates in the fall of 1999. The team then completed the design, approval and permitting work for the project and began construction of this $350 million project in April 2000. [4]
[edit] Architectural Details
The exterior consists of polished and unpolished gray granite for the first two floors. Matching pre-cast panels cover the remaining 35 floors. An aluminum and glass curtain-wall run the center of the building. The top floors step in to provide interest . The ground floors contain retail space. The interior lobby consists of brown, tan, cream French and Italian marble. It is accented with modern Art Deco brushed nickel lighting fixtures. [5]
According to a news article from the Boston Globe, [6] on January 2, 2007, American Financial Realty Trust, which owned 70% of the office tower in a partnership with State Street Bank, has sold the building to Fortis Property Group for the disclosed sum of $889 million.
[edit] Awards
The Building Owners and Managers Association (BOMA) Boston Building of the Year 2003[7]
[edit] Neighboring Buildings
The adjacent Bedford building is a five-story historic brownstone built in 1876. A rigid three-foot-thick slurry wall along the two sides abutting the new construction to preserve its structural integrity. [8]
[edit] See also
[edit] External Links
- Building Details
- Photos
- The Gale Group History of the Project
- MIT Urban Study on One Lincoln’s Office Rentals
- Feb 2004 "One Lincoln fetches a towering $705m"
- Nov 2006 "Boston's One Lincoln Likely to Fetch North of $800M"
- Construction Managers - Beacon Skanska Inc – Green Building Article
- Lobby Marble – Port Morris Tile and Marble
- Precast Concrete Vendor - Coreslab Structures
- Photos taken during the construction phase
[edit] References
- ^ http://www.wai.com/Structures/Tall/Lincoln.html
- ^ http://www.cityofboston.gov/bra/press/PressDisplay.asp?pressID=99
- ^ http://www.cityofboston.gov/bra/press/PressDisplay.asp?pressID=99
- ^ http://www.cityofboston.gov/bra/press/PressDisplay.asp?pressID=99
- ^ http://www.thegalecompany.com/main.aspx?Content=main_jh_boston_globe
- ^ http://www.boston.com/business/ticker/2007/01/state_street_fi.html Boston.com
- ^ http://www.thegalecompany.com/main.aspx?Content=Main_BostonBOMA
- ^ http://www.wai.com/Structures/Tall/Lincoln.html
