Financial District, Boston

Last updated

Financial District
Boston Financial District skyline.jpg
The Financial District as seen from Boston Harbor
Financial District, Boston
Location in Boston
Country United States
State Massachusetts
County Suffolk
Neighborhood of Boston
Time zone UTC-5 (Eastern)
Area code 617 / 857

The Financial District of Boston is located in Downtown Boston, near Government Center and Chinatown.

Contents

Like many areas within Boston, the Financial District has no official definition. It is roughly bounded by Atlantic Avenue, State Street, and Devonshire Street. Parts of the Financial District are in various USPS postal ZIP Codes, including 02108, 02109, 02110, and 02111.

Landmarks

The area includes Post Office Square, the Exchange Place and International Place complexes, and the landmark Custom House Tower (now an 87-room Marriott Vacation Club), and borders Quincy Market, Faneuil Hall, and the Old State House.

Key companies

125 High Street, One International Place, and the Flag of Massachusetts in the Financial District near South Station FinancialDistrict.jpg
125 High Street, One International Place, and the Flag of Massachusetts in the Financial District near South Station
One Financial Center and nearby buildings USA-Financial District (3).JPG
One Financial Center and nearby buildings

The Financial District also contains the headquarters of the mutual fund companies Fidelity Investments, Putnam Investments, and DWS Scudder Investments; the world headquarters for State Street Bank and Eastern Bank; accounting firms Wolf & Company, P.C., RSM McGladrey, and BDO USA, LLP; loan advisor The Debt Exchange; the law firms of Bingham McCutchen, Goodwin Procter, WilmerHale, Kirkpatrick & Lockhart Nicholson Graham, and Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo, PC; the local headquarters of Bank of America (formerly Fleet Bank) and Santander Bank; the Langham Hotel Boston and Hilton Hotel; and the local offices of Merrill Lynch and other brokerages.

Notable buildings

Dewey Square, One Financial Center, and the plaza and towers housing the Federal Reserve Bank of Boston are located near South Station, adjacent to and just south of the area defined above. Also part of the Financial District are 33 Arch Street, One Federal Street, the First National Bank Building, 100 Summer Street, Exchange Place, and 101 Federal Street. The area contains many of Boston's highrise buildings in a fairly densely packed area, significantly more than the Back Bay which contains Boston's two tallest highrises, the Prudential Tower and 200 Clarendon Street.

Recent development

There has been some recent development and construction in the area. Russia Wharf was completed in 2011 along the Fort Channel and rises up to 395 feet and 32 stories. Construction of South Station Tower was scheduled to begin in 2009 but was put on hold until the spring of 2020, moving forward despite the presence of COVID-19. Upon its 2024 completion, the tower will rise to 677 feet and 51 stories. [1] One Franklin Street has recently reworked by developers and construction commenced. Millennium Tower was completed in 2016 and stands 684 feet, the fifth tallest in the city. [2] Other towers in the area such as the Aquarium Garage Development and the Congress Street Towers if approved could significantly change the Boston Skyline as well.

Old State House Old State House in Boston.JPG
Old State House

Related Research Articles

<span class="mw-page-title-main">IDS Center</span> Skyscraper in Minneapolis

The IDS Center is an office skyscraper located at 80 South 8th Street in Minneapolis, Minnesota. Completed in 1973, it is the tallest building in Minneapolis, and the tallest building in the state at a height of 792 feet (241 m). It originally stood 775 feet 6 inches (236.37 m), though a 16-foot (4.9 m) garage for window washing equipment was added between 1978 and 1979. The structure rises to 910 feet (10,900 in) when including communications spires on the roof, indisputably the highest points in the city. The IDS was constructed as the headquarters of Investors Diversified Services, Inc.—now Ameriprise Financial. It also housed the headquarters of Dayton Hudson Corporation from 1972 until 2001.

<span class="mw-page-title-main">Prudential Tower</span> Skyscraper in Boston

The Prudential Tower, also known as the Prudential Building or, colloquially, The Pru, is an international style skyscraper in Boston, Massachusetts. The building, a part of the Prudential Center complex, currently stands as the 2nd-tallest building in Boston, behind 200 Clarendon Street, formerly the John Hancock Tower. The Prudential Tower was designed by Charles Luckman and Associates for Prudential Insurance. Completed in 1964, the building is 749 feet (228 m) tall, with 52 floors, and is tied with others as the 114th-tallest in the United States. It contains 1.2 million sq ft (110,000 m2) of commercial and retail space. Including its radio mast, the tower's pinnacle height reaches 907 feet (276 m).

<span class="mw-page-title-main">Federal Reserve Bank Building (Boston)</span> Office building in Massachusetts, United States

The Federal Reserve Bank Building is the sixth tallest building in Boston, Massachusetts. It is located at Dewey Square, on the convergence of Fort Point and the Financial District neighborhoods. In close proximity to the Boston Harbor, the Fort Point Channel and major intermodal South Station terminal, the building is marked by a distinctive opening near ground level which allows sea breezes to pass through.

<span class="mw-page-title-main">Four Seasons Hotel Miami</span> Mixed-use skyscraper in Miami, Florida

The Four Seasons Hotel and Tower, also known as the Four Seasons Hotel Miami, is a 70-story, 781 feet (238 m) skyscraper in Miami, Florida. Located in downtown Miami's Brickell Financial District, it is the third tallest building in Miami as well as in Florida. The tower contains a Four Seasons Hotel property, office space and several residential condominium units on the upper floors.

Four buildings in Boston, Massachusetts, have been known as the "John Hancock Building". All were built by the John Hancock Insurance companies. References to the John Hancock building usually refer to the 60-story, sleek glass building on Clarendon Street also known as the John Hancock Tower or Hancock Place.

<span class="mw-page-title-main">One Financial Center</span> Office in Boston, Massachusetts

One Financial Center is a modern skyscraper adjacent to Dewey Square in the Financial District of Boston, Massachusetts. Built in 1983 by Rose Associates, it is Boston's 11th-tallest building, standing 590 feet tall, and housing 46 floors. An unusual 90 ft (27 m) tall glass-roofed lobby, known as the atrium, occupies the first two stories. The remaining stories are offices, home to a number of law firms, Certified Public Accountants, and financial services companies.

<span class="mw-page-title-main">Downtown Ottawa</span> Neighbourhood in Ottawa, Ontario, Canada

Downtown Ottawa is the central area of Ottawa, Ontario, Canada. It is sometimes referred to as the Central Business District and contains Ottawa's financial district. It is bordered by the Ottawa River to the north, the Rideau Canal to the east, Gloucester Street to the south and Bronson Avenue to the west. This area and the residential neighbourhood to the south are also known locally as 'Centretown'. The total population of the area is 5,501.

<span class="mw-page-title-main">Downtown Kansas City</span> Place in Missouri, United States

Downtown Kansas City is the central business district (CBD) of Kansas City, Missouri and the Kansas City metropolitan area which contains 3.8% of the area's employment. It is between the Missouri River in the north, to 31st Street in the south; and from the Kansas–Missouri state line eastward to Bruce R. Watkins Drive as defined by the Downtown Council of Kansas City; the 2010 Greater Downtown Area Plan formulated by the City of Kansas City defines the Greater Downtown Area to be the city limits of North Kansas City and Missouri to the north, the Kansas–Missouri state line to the west, 31st Street to the south and Woodland Avenue to the east. However, the definition used by the Downtown Council is the most commonly accepted.

<span class="mw-page-title-main">20 Exchange Place</span> Residential skyscraper in Manhattan, New York

20 Exchange Place, formerly the City Bank–Farmers Trust Building, is a skyscraper in the Financial District of Lower Manhattan in New York City. Completed in 1931, it was designed by Cross & Cross in the Art Deco style as the headquarters of the City Bank–Farmers Trust Company, predecessor of Citigroup. The building, standing at approximately 741 feet (226 m) with 57 usable stories, was one of the city's tallest buildings and the world's tallest stone-clad building at the time of its completion. While 20 Exchange Place was intended to be the world's tallest building at the time of its construction, the Great Depression resulted in the current scaled-back plan.

<span class="mw-page-title-main">Cityscape of Lexington, Kentucky</span> Architecture and urbanism in Lexington, Kentucky (USA)

The urban development patterns of Lexington, Kentucky, confined within an urban growth boundary protecting its famed horse farms, include greenbelts and expanses of land between it and the surrounding towns. This has been done to preserve the region's horse farms and the unique Bluegrass landscape, which bring millions of dollars to the city through the horse industry and tourism. Urban growth is also tightly restricted in the adjacent counties, with the exception of Jessamine County, with development only allowed inside existing city limits. In order to prevent rural subdivisions and large homes on expansive lots from consuming the Bluegrass landscape, Fayette and all surrounding counties have minimum lot size requirements, which range from 10 acres (40,000 m2) in Jessamine to fifty in Fayette.

<span class="mw-page-title-main">125 High Street</span> Office in Boston, Massachusetts

125 High Street is a 30-floor postmodern highrise in the Financial District of Boston, Massachusetts. Standing 452 feet tall, the highrise is currently the 30th-tallest building in the city. 125 High Street has approximately 1.8 million square feet of Class A office space. It was designed by Jung Brannen Associates and is owned and operated by Tishman Speyer.

<span class="mw-page-title-main">Transamerica Tower (Baltimore)</span> Mixed use in Baltimore, Maryland

100 Light Street is a 40-story, 528 ft (161 m) skyscraper completed in 1973 in downtown Baltimore, Maryland. It occupies the city block bounded by South Charles, East Lombard, Light and East Pratt Streets. It is the tallest building in Baltimore and in Maryland.

<span class="mw-page-title-main">320 South Boston Building</span> High-rise building located in downtown Tulsa

The 320 South Boston Building is a 22-story high-rise building located in downtown Tulsa, Oklahoma. It was originally constructed at the corner of Third Street and Boston Avenue as a ten-story headquarters building for the Exchange National Bank of Tulsa, Oklahoma in 1917, and expanded to its present dimensions in 1929. The addition brought the building's height to 400 feet (122 m), making it the tallest building in Oklahoma. It lost this distinction in 1931, but remained the tallest building in Tulsa until Fourth National Bank was completed in 1967. It is now included in the Oil Capital Historic District.

<span class="mw-page-title-main">Brickell City Centre</span> Shopping and mixed-use project in Miami, Florida

Brickell City Centre is a large mixed-use complex consisting of two residential high-rise towers, two office buildings, a high-rise hotel, and an interconnected five-story shopping mall and lifestyle center covering 9 acres (36,000 m2) located in the Brickell district of Downtown Miami, Florida. Situated at the junction of Miami Avenue and Eighth Street, it spans up to five blocks to the west of Brickell Avenue and to the south of the Miami River. Contrary to the name, the development is not in the traditional downtown Miami city centre, but in the more recently redeveloped financial district of Brickell. The retail shopping and lifestyle center is operated by Simon Malls.

<span class="mw-page-title-main">Downtown Boston</span> Area of Boston, Massachusetts

Downtown Boston is the central business district of Boston, Massachusetts, United States. Boston was founded in 1630. The largest of the city's commercial districts, Downtown is the location of many corporate or regional headquarters; city, county, state and federal government facilities; and many of Boston's tourist attractions. Similar to other central business districts in the U.S., Downtown has recently undergone a transformation that included the construction of new condos and lofts, renovation of historic buildings, and arrival of new residents and businesses. It is represented in the Boston City Council by District 2's Bill Linehan.

<span class="mw-page-title-main">Financial District, Vancouver</span> Business District in British Columbia, Canada

The Financial District is a highrise office commercial area within the central business district of Vancouver, British Columbia, Canada. Located roughly along Burrard and West Georgia Streets on the Downtown Peninsula, the Financial District contains more than 60% of Greater Vancouver's office space, and is home to headquarters of forest products and mining companies. The area contains numerous federal and non-governmental organizations (NGO) offices, overseas missions and consulates, and headquarter and branch offices of national and international banks and financial services, accounting and law firms, and luxury hotels.

<span class="mw-page-title-main">Buenos Aires Central Business District</span> Unofficial barrio in Buenos Aires, Argentina

The Buenos Aires Central Business District is the main commercial centre of Buenos Aires, Argentina, though not an official city ward. While the barrios of Puerto Madero and Retiro house important business complexes and modern high-rise architecture, the area traditionally known as Microcentro is located within San Nicolás and Monserrat, roughly coinciding with the area around the historic center of the Plaza de Mayo. The Microcentro has a wide concentration of offices, service companies and banks, and a large circulation of pedestrians on working days. Another name given to this unofficial barrio is La City, which refers more precisely to an even smaller sector within the Microcentro, where almost all the banking headquarters of the country are concentrated.

<span class="mw-page-title-main">BMO Tower (Chicago)</span> Skyscraper in Chicago

The BMO Tower, also known as 320 South Canal, is a 51-story, 727 feet (222 m) skyscraper in the West Loop neighborhood of Chicago, Illinois, and sits directly south of the Union Station rail terminal. When completed, it became the 24th-tallest building in Chicago, and the tallest to the west of Canal Street. The building, designed by Goettsch Partners and consulted by Magnusson Klemencic Associates, will add 1,500,000 square feet (140,000 m2) of office space to the city.

References

  1. "City approves 40-story South Station tower". boston.com. June 28, 2006. Archived from the original on October 15, 2012. Retrieved April 28, 2012.
  2. Wayback Machine

Commons-logo.svg Media related to Financial District, Boston at Wikimedia Commons

42°21′26″N71°03′21″W / 42.3571°N 71.0557°W / 42.3571; -71.0557