Real estate

Boston’s Fan Pier getting new high-rise

Goodwin Proctor will occupy most of the 17-story building.
Goodwin Proctor will occupy most of the 17-story building.HOK Rendering

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Developer Joseph F. Fallon on Wednesday will start construction of a 17-story building along Northern Avenue that is a symbol of Boston’s rejuvenated real estate market and the rapid redevelopment of many of its commercial districts.

The new office complex across from the Institute for Contemporary Art at 100 Northern Ave. will add to a series of large construction sites in the South Boston Innovation District, where major corporate tenants are rapidly altering the skyline.

The law firm Goodwin Procter LLP will occupy most of Fallon’s building, while accounting giant PricewaterhouseCoopers is preparing to move into another building under construction nearby. Other surrounding lots are being filled in by new apartment towers that are bringing hundreds of new residents to the district.

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