Project Overview: 10 World Trade, Seaport District, Boston
10 World Trade is a 17-story, 555,250-square-foot mixed-use development located in Boston’s Seaport District. The project, led by Boston Global Investors (BGI), is designed to cater to the life sciences and office sectors, featuring over 200,000 square feet of lab space and approximately 255,000 square feet of office space. The building also includes 8,000 square feet dedicated to cultural uses and 6,500 square feet for retail. The design emphasizes flexibility, sustainability, and wellness, incorporating features like View Smart Windows and a rooftop solar field. (Images credit: 10 World Trade)
Key Players
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Developer: Boston Global Investors (BGI)
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Architect: Sasaki
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Construction Managers: Suffolk Construction and H.J. Russell & Co.
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Sustainability Consultant: VvS Architects & Consultants
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Leasing Broker: JLL
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Landscape Contractor: BrightView
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Public Programming Manager: Isenberg Projects
Financing
The project has secured approximately $543 million in financing for its $596.6 million budget. This includes a $382.5 million construction loan from a life insurance company lender and about $160 million in joint venture equity from PGIM Real Estate and Wheelock Street Capital.
Timeline
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Groundbreaking: March 2022
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Topping Out: October 2023
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Completion: Expected in 2025
Certifications
10 World Trade is targeting several prestigious certifications, including:
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LEED Gold
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WELL Platinum
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SITES Gold
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WiredScore Platinum
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SmartScore Platinum
The building has also achieved Boston’s first SITES Pre-Certification and is the first on the East Coast to receive Double Platinum WiredScore and SmartScore certifications.
Design and Amenities
The design by Sasaki emphasizes connectivity and community engagement. The ground floor features a 45-foot tall atrium with a food hall and cultural programming space. A 300-meter indoor track on the rooftop offers panoramic views of the city. The building’s smart design includes touchless systems, enhanced air flow, and energy-saving measures to promote tenant wellness and sustainability.
Diversity, Equity, and Inclusion
BGI’s development team includes minority- and women-owned firms such as Bastion Companies and Cogsville Capital Group. The project is one of the first to be built using the “Massport Model” for Diversity, Equity, and Inclusion, ensuring inclusive participation throughout design, construction, and operations.
Location and Connectivity
Situated adjacent to the MBTA World Trade Center Silver Line station, 10 World Trade offers direct access to public transportation, including the Silver Line, water taxis, and key bus routes. The building is also within walking distance of downtown Boston, Logan International Airport, and major highways I-90 and I-93.
Estimated Cost
The total estimated cost for the 10 World Trade project is $596.6 million.
Completion Date
The project is expected to be completed in 2025.
10 World Trade represents a significant addition to Boston’s Seaport District, combining cutting-edge design, sustainability, and inclusivity. With its strategic location and state-of-the-art amenities, it is poised to become a landmark in Boston’s evolving skyline.
