Massport Board Approves Lincoln Property’s Bid to Develop Parcel H in Seaport

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22 Jan 2021

Select Press Coverage from January 21, 2021

As seen in The Boston Globe
By Jon Chesto

Massport awards $123m lease for Seaport property that will include a new Silver Line station

The Dallas-based developer’s plans also call for a 730,000-squarefoot building to house life sciences companies. A team led by Dallas-based Lincoln Property Co. has won a long-term lease for one of Massport’s few remaining development parcels in the Seaport with bid valued at about $123 million that includes the construction of a new MBTA Silver Line station. The Lincoln team beat out six rivals for the valuable piece of real estate: a 99-year lease for more than 2.5 acres of Massachusetts Port Authority land at the end of Congress Street.

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As seen in Boston Business Journal
By Catherine Carlock

Lincoln to develop life-science, tech training center in Boston’s Seaport

The Massachusetts Port Authority board has tapped Lincoln Property Co. to build a 730,000-square-foot life-science and technology career training center and a Silver Line station on Parcel H, a Massport-owned parcel on Congress Street in the Seaport District. “Our plans will transform this underutilized parcel into purpose-built lab and office space to support the region’s thriving life sciences and innovation economy,” Scott Brown, executive vice president at Lincoln Property Co., said in a statement.

Lincoln’s project team for the Parcel H site will include Boston Innovation Land LLC and Boston Collaborative Advisors as co-developers; Arrowstreet, studio enée and Moody Nolan on the design team; Suffolk Construction and General air on construction and Elaine Construction on interior buildout.

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As seen in Banker & Tradesman
By Steve Adams

Lincoln Property Picked for $590M Massport Development

Massport officials selected Lincoln Property Co. to develop a 730,000-square-foot mixed-use project including office and lab space, a life science career center and upgrades to the MBTA’s Silver Line Way station in the Seaport District.

The developers complied with Massport’s request for strong minority- and female-owned participation in the design and development teams. The design team is a joint venture between Arrowstreet, Moody Nolan and Studio Enee, while Suffolk will partner with General Air and Elaine Construction. A 15,000-square-foot life science career academy will be built on a smaller adjacent parcel. Developers also plan a public concourse that provides weather-protected access to a new Silver Line station.

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Development Services Life Science