Construction projects in the Boston area
Vertex Pharmaceuticals on Fan Pier
As part of a larger plan to fill out the Innovation District near the Fan Pier, Cambridge-based Vertex Pharmaceuticals broke ground for a new $800 million global headquarters on a new site on the waterfront in June 2011. There are plans for an eight building complex that would include offices, residences, stores, and hotel rooms.
Vertexs move qualifies as one of the biggest real estate deals in Bostons history, and it is expected to help jump-start the economic turnaround of the South Boston Waterfront. The structural framework for the building at 50 Northern Ave was completed in early October.