The foundations of a ginormous Seaport Square development could be laid down as soon as October, according to developer Cottonwood Management. The firm broached the prospect while unveiling other details about the project slated for the so-called M1 and M2 parcels at Congress and B streets.
The three-building project could run to 1.1 million square feet. Two towers would contain condos, one with 275 units and the other with 180. A third would have 280 apartments or condos (the market will decide). All totaled, there would 735 units as well as 560 parking spaces in two new parking garages. There would also be 125,000 square feet of new retail along a pedestrian mall called Atrium Lane, which would lead to Harbor Square, a central courtyard.
Significantly, the M1/M2 project is not slated to include a hotel component, extended-stay or otherwise. That is contrary to earlier reports and filings with the city (efforts to build here go back to 2010).
The project still needs city sign-offs, so stay tuned. Should foundation work commence this fall, it would likely wrap in 2019.
- Seaport Square Parcels M1 and M2 [Bldup]
- West Coast Brains, Chinese Money Fueling Next Phase of Seaport Square [Biz Journal]
- Seaport Square's $800M Next Phase, by the Numbers [Biz Journal]