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Iconic Boston building will undergo a full lobby renovation
BOSTON, June 12, 2018 – Construction is now underway on an enhanced lobby at One Beacon Street, one of Boston's most iconic towers. Owned by MetLife Investment Management and Norges Bank Real Estate Management, the property is undergoing a full lobby renovation that will consist of a complete redesign and an extension of the front of the building out towards Beacon Street. The project, which is expected to last 12 months, will include contemporary finishes highlighted by new modern floors, walls, elevator lobbies, light fixtures, and elevator cab finishes, as well as a resurfacing of the property's exterior steps and stone.
One Beacon Street is LEED Platinum certified and offers more than one million square feet of first class office space, including low-rise space with high-rise views given its position atop Beacon Hill. The property's strong amenities package includes: the UMass Club, Boston Sports Club, on site food and beverage, secure bike storage, underground parking, 24-hour security, a full-service bank, and much more just a short walk away. The building is home to blue chip tenants including JP Morgan Chase Bank and Northwest Mutual.
According to JLL Executive Vice President Patrick Nugent: "We are excited about the heightened energy the new lobby, design and finishes will bring One Beacon Street. Tenants today are eager to have a differentiated experience from the moment they walk into their office building. By enhancing the entrance with a new front door, and adding first-class finishes and even meeting space in the lobby, this project will undoubtedly help to further position One Beacon as one of Boston's premier Class A properties."
"With JLL's help, we are seeking to bring a revitalized experience to One Beacon, helping us meet the desires of our existing and new tenants, and keeping the building competitive in an ever-evolving landscape," said Trina Childs, Director, Real Estate at MetLife Investment Management.
Located in the heart of downtown Boston, One Beacon Street stands at the intersection of the Financial District and the Back Bay. This prime location provides tenants with convenient transportation access. North and South Stations which service the commuter rail are both within six blocks of the property, and the MBTA's Red, Green, Orange and Blue Lines all converge at nearby stations. In addition, One Beacon offers swift entrance and egress to and from Massachusetts' major highways.
In addition to Nugent, JLL's leasing team includes Bill Barrack, Brad McGill, Molly Heath, and Bryan Sparkes. Alongside JLL, others on the project include architect Gensler, general contractor Gilbane, and construction manager CBRE.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with nearly 300 corporate offices, operations in over 80 countries and a global workforce of 83,500 as of March 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.