Suffolk Construction has been selected to manage construction of the One Channel Center project in Boston’s rapidly expanding Innovation District. The $125 million project, developed by a joint venture of AREA Property Partners and Commonwealth Ventures, will feature construction of a 525,000-sf, 11-story core and shell office building and a 10-level, 950-car above-ground parking garage. When completed, the new building will be fully occupied by State Street Corp.
Along with the construction of the facility, the scope of the project will include the creation of two open-space areas—the 72,000-sf New Park and the 9,000-sf Iron Street Park. The Suffolk project team will also manage streetscape improvements consisting of new sidewalks, street trees, and lighting.
Suffolk is partnering with architecture firm ADD Inc. for the office portion of the project, and architect Spalding Tougias Architects for the parking garage. Construction is scheduled for completion in 2014. +