Wednesday, September 29, 2021

Gillette Sells Final Fort Point 2.5 Acre Parcel

Dear FPNA & Neighbors,

Last Fall, we shared that we planned to sell a ~2.5-acre parcel of land in South Boston.  We finalized this real estate transaction this week and we wanted you to be among the first to know. 

We have sold the land to Tishman Speyer, an experienced real estate developer and their joint venture partner Breakthrough properties.   As you know, Tishman Speyer has created many thriving developments in the Greater Boston area including some just a few blocks from our campus in South Boston.  We admire Tishman’s commitment to developing properties that create enduring value for both occupants and local communities through vibrant, beautiful and environmentally sound planning. 

It’s important to note that this 2.5 acres of land is part of the 100-acre master plan, marking another step forward in bringing this important vision to life.  This is an opportunity to strengthen the growing Innovation District, bringing new jobs to the community and the local economy.  With this and other development in the neighborhood, we are excited about the potential ahead - transforming empty parking lots into commercial and residential buildings, jobs, new parks and community space and more, making our neighborhood even more dynamic and attractive in the future. 

Kara L. Buckley
Vice President of Global Grooming Communications & Community Affairs, P&G 

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