The Chiofaro Company Proposes $1Billion 600-Foot Downtown Boston Tower

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BOSTON–The Chiofaro Company, the developer of Boston’s iconic twin towers International Place I and International Place II, has formally proposed a 600-foot tower at the site of the Boston Harbor Garage, Boston Business Journal reported.

“A downtown tower that’s been discussed for the better part of a decade — and was a key part of two lawsuits — is finally moving forward,” Boston Business Journal reported. “Boston-based real estate development company The Chiofaro Co. on Wednesday filed a letter of intent notifying city officials of its plan to build a $1 billion tower, which could span 900,000 square feet and reach 600 feet in height, at the site of the Boston Harbor Garage. The letter kicks off the city’s formal design-review process.”

The proposed tower includes a mix of uses, including office, residential or hotel, retail, dining and active ground-floor uses, with underground parking, according to Boston Business Journal. The local business newspaper said that the project will also feature 28,000 square feet of new waterfront public open space, “a substantial portion of which will be designed for seamless integration into the New England Aquarium’s ‘Blueway’ vision for harbor access,” quoting from the letter of intent.

New York architecture firm Kohn Pedersen Fox is designing the tower, and Boston-based Copley Wolff Design Group is the landscape architect, said Boston Business Journal.

“We have an enormous responsibility to the City after a lengthy and inclusive MHP process, where a wide range of contributors worked collectively to lay the groundwork for ‘Boston’s next great place.’ This project will be the catalyst for that transformation,” Boston Business Journal quoted Don Chiofaro, president and founder of The Chiofaro Co., as saying in a statement. “It’s time to allow residents of – and visitors to – Boston the opportunity to enjoy the full potential of our city’s waterfront.”