What: Berkeley Investments 7 Channel Center Redevelopment Abutters Meeting
When: Tuesday, July 18, 2017
Time: 6 pm
Where: 9 Channel Center, 2nd Floor
Questions/Concerns, contact:
Christine McMahon
Berkeley
617.270.8640
orignally publihed 7.10.17
Showing posts with label Berkeley Investments. Show all posts
Showing posts with label Berkeley Investments. Show all posts
Tuesday, July 18, 2017
7 Channel Center Redevelopment Abutters Meeting
Abutting residents and businesses of Channel Center are invited to a presentation to learn about a hotel proposal for the redevelopment of 7 Channel Center by representatives from Berkeley Investments, The Hoxton and Handel Architects. The proposed hotel project is in the planning phase and seeking community input. This proposal has not been officially filed with the City of Boston.
What: Berkeley Investments 7 Channel Center Redevelopment Abutters Meeting
When: Tuesday, July 18, 2017
Time: 6 pm
Where: 9 Channel Center, 2nd Floor
Questions/Concerns, contact:
Christine McMahon
Berkeley
617.270.8640
What: Berkeley Investments 7 Channel Center Redevelopment Abutters Meeting
When: Tuesday, July 18, 2017
Time: 6 pm
Where: 9 Channel Center, 2nd Floor
Questions/Concerns, contact:
Christine McMahon
Berkeley
617.270.8640
Thursday, July 30, 2015
22 Boston Wharf Road Community Meeting
Update: Submit your comments to Raul Duverge. BRA Project Manager. Deadline is August 21, 2015.
The Boston Redevelopment Authority is hosting a community meeting regarding the proposed two floor office expansion atop the Stillings Street Garage on:
Berkeley Investments is presenting a two-story rooftop vertical expansion
to the existing eight-story building known as the Stillings Street garage located at 22 Boston Wharf Rd. The site is situated within the Fort Point Landmark District. The project will also include the addition of windows on the northern wall abutting Q Park and the introduction of street level retail on Boston Wharf Road. View the project notification.
The Boston Redevelopment Authority is hosting a community meeting regarding the proposed two floor office expansion atop the Stillings Street Garage on:
Tuesday, August 11, 2015
6:30 pm
TRO|Jung Brannen
22 Boston Wharf Road
7th Floor
Berkeley Investments is presenting a two-story rooftop vertical expansion
to the existing eight-story building known as the Stillings Street garage located at 22 Boston Wharf Rd. The site is situated within the Fort Point Landmark District. The project will also include the addition of windows on the northern wall abutting Q Park and the introduction of street level retail on Boston Wharf Road. View the project notification.
The FPNA held a special meeting introducing the project to the Fort Point neighborhood on June 16, 2015.
Thursday, June 11, 2015
Fort Point Special Edition June Meeting
A Fort Point Special Edition Community Meeting
Tuesday, June 16, 2015
6:00 PM - 7:00
TRO|Jung Brannen
22 Boston Wharf Road
7th Floor
Berkeley Investments will be presenting a proposed addition of two new office floors atop the Stillings Street garage, also known as 22 Boston Wharf Rd. The site is located within the Fort Point Landmark District. The project will also include the addition of windows on the northern wall of the existing building abutting the Q Park and the introduction of street level retail on Boston Wharf Road.
According to June 11, 2015 Boston Business Journal website, Berkeley Investments is selling a majority of their Fort Point portfolio, which includes 343 Congress St., 12 Farnsworth St., 381 Congress St., and the Farnsworth Street and Stillings Street parking garages. The article also states that Berkeley formally submitted plans to the Boston Redevelopment Authority today to add 50,000 square feet of office space atop its Stillings Street parking garage at 22 Boston Wharf Road.
Please save the date: Tuesday, June 30th for the FPNA Neighborhood Meeting featuring Christopher Cook, City Of Boston Commissioner of Parks & Recreation and Josh Kraft, CEO of the Boys & Girls Clubs of Boston and President of the New England Patriots Charitable Foundation. The meeting will take place at 315 on A's Sky Lounge at 6pm.
updated 6.11.15 originally posted 6.3.15
Wednesday, February 04, 2015
9 Channel Center Community Meeting Confirmed For February 4th
Update: The 9 Channel Center meeting is confirmed for tonight.
The Boston Redevelopment Authority (BRA) announced that the 9 Channel Center public community meeting regarding a proposed notice of project change from residential/ground floor retail to office/ground floor retail use will be held on its new date, Wednesday, February 4, 2015 from 6 pm - 8 pm at the Lewis Gallery at Artists For Humanity located at 100 W. Second Street. The comment period is extended to February 9th. Email your comments to BRA Project Manager, Gary Uter.
originally posted 1.29.15
Wednesday, October 27, 2010
Hotel Project at 368 Congress St.
Berkeley Investments had previously been granted approval to develop 368 Congress St. into office space. They're looking to change this project into a 120 room hotel. Meeting is 11/4 and the comment period ends 11/15. If you have comments, even if you can't make the meeting, email them to Jay O'Rourke at: Jay.Rourke.BRA@CityofBoston.gov
The BRA will host a public meeting regarding
368 Congress St
Thursday, November 4th
6-7:30PM
The Renaissance Boston Waterfront Hotel
606 Congress Street, Boston
368 Congress St
Thursday, November 4th
6-7:30PM
The Renaissance Boston Waterfront Hotel
606 Congress Street, Boston
Project Proponent: Norwich Partners of Boston LLC
Project Description: 368 Congress Street (the “Proposed Project”) is an innovative and
environmentally sustainable extended-stay hotel project located in a painstakingly restored
historic structure in Boston’s Fort Point Channel landmark district. Ideally suited to the needs
of the city’s convention and innovation economies, the Proposed Project will help to continue
the transformation of the Fort Point district into a vibrant, mixed-use neighborhood characterized
by architecturally significant structures and mixed-use projects that blend residential, hotel,
office, retail, restaurant and arts-related uses. The Proposed Project will modify a prior proposal submitted by Berkeley Investments to redevelop the property as a commercial office building
(the “Previously Approved Project”), which was approved by the BRA Board on April 1, 2008.
The Proposed Project contains approximately 103,000 square feet of gross floor area on six floors.
Its approximately 120 hotel rooms range in size from traditional single “studio” style units to
larger one-bedroom and suite-style rooms in order to provide a range of lodging opportunities.
Close of Comment Period: Monday, November 15, 2010
Jay Rourke, Boston Redevelopment Authority
One City Hall Square, 9th Fl, Boston, MA 02201
phone:
617.918.4317
fax:
617.742.7783
email:
Jay.Rourke.BRA@CityofBoston.gov
Tuesday, March 23, 2010
Berkeley Faces Foreclosure on FP Properties
UPDATE: In the Banker & Tradesman, Park says rumors of his demise are premature:
Developer Denies Fort Point Foreclosure Threat
By Paul McMorrow
Banker & Tradesman Staff Writer
03/24/10
Berkeley Investments principal Young Park is denying reports that he is close to losing much of his Fort Point office portfolio, saying talk of a foreclosure at the former Boston Wharf Co. warehouses is a negotiating tactic by lender Wells Fargo.
"We are in negotiations with them," Park said. "The story is, it's a maturity default, we're cooperating with the lender to find a solution, and a solution will be found one way or another. These properties are cash-flowing. We've never missed a payment. There's no distress of any kind."
Berkeley will negotiate a loan extension, find replacement debt for the maturing loan or buy back its own note from Wells Fargo, Park said.
"We certainly have the financial capacity to do one of those three things," he said. "This is not great publicity, but it is what it is, and we need to deal with it. There's no way we're going to walk away."
---
Fort Pointless
Foreclosures a setback for neighborhood
By Donna Goodison | Tuesday, March 23, 2010 | http://www.bostonherald.com | Real Estate
Berkeley Investments is staring down a foreclosure auction for nine of its Fort Point Channel properties in Boston’s Seaport District, including office buildings at 368 and 381 Congress St.
Wells Fargo Bank set a May 5 sale of the parcels after Berkeley defaulted on a mortgage, according to a legal notice announcing the auction. The sale is yet another potential setback for Seaport development that’s been stalled by financing constraints.
The properties constitute a large portion of the 700,000 square feet portfolio of a dozen buildings, parking garages and lots that Berkeley bought for $97 million from Boston Wharf Co. in 2004.
Its goal was to turn Fort Point Channel into a more active neighborhood.
Berkeley president Young Park said his company is in negotiations to avoid the foreclosure sale.
“We’re working through it,” he said yesterday. “The note reached its maturity date . . . and the bank doesn’t want to renew the loan.”
The real estate investment and development company previously sold five of its former Boston Wharf properties, totaling 335,000 square feet, to Newton’s National Development.
Parcels headed for the auction block also include 22 Boston Wharf Road, an eight-story building with six levels of parking and 58,000 square feet of office space; and 12 Farnsworth, a six-story building with ground-floor retail.
Park is a “visionary” who understood Fort Point Channel’s potential to be a unique neighborhood by converting its warehouses for 21st-century uses, said Vivien Li, executive director of the Boston Harbor Association. He lured two of the city’s top chefs: Barbara Lynch, who opened Sportello, Drink and Menton on Congress Street; and Joanne Chang, whose Flour Bakery is at 12 Farnsworth.
“It would be a major setback for this district if for some reason he was not able to hold onto these properties,” Li said. “But the real estate market is very tough right now, and financial institutions are really scrutinizing every loan. They are not lending money, which is what put a halt to all the development on the waterfront.”
Berkeley’s Fort Point Channel parcels might not be its only properties in trouble.
The Worcester Telegram & Gazette this month reported that a March 31 foreclosure auction had been set for three downtown Worcester properties that are part of Berkeley’s stalled $563 million, 20-acre CitySquare development plans. The newspaper said it erroneously printed a legal notice for the auction that the mortgage holder had pulled. Last week, however, Hanover Insurance Group’s Opus Investment Management signed a purchase and sale agreement with Berkeley to become the project’s new developer. Berkeley, meanwhile, will retain ownership of the three buildings in question, the newspaper said.
Article URL: http://www.bostonherald.com/business/real_estate/view.bg?articleid=1241704
Developer Denies Fort Point Foreclosure Threat
By Paul McMorrow
Banker & Tradesman Staff Writer
03/24/10
Berkeley Investments principal Young Park is denying reports that he is close to losing much of his Fort Point office portfolio, saying talk of a foreclosure at the former Boston Wharf Co. warehouses is a negotiating tactic by lender Wells Fargo.
"We are in negotiations with them," Park said. "The story is, it's a maturity default, we're cooperating with the lender to find a solution, and a solution will be found one way or another. These properties are cash-flowing. We've never missed a payment. There's no distress of any kind."
Berkeley will negotiate a loan extension, find replacement debt for the maturing loan or buy back its own note from Wells Fargo, Park said.
"We certainly have the financial capacity to do one of those three things," he said. "This is not great publicity, but it is what it is, and we need to deal with it. There's no way we're going to walk away."
---
Fort Pointless
Foreclosures a setback for neighborhood
By Donna Goodison | Tuesday, March 23, 2010 | http://www.bostonherald.com | Real Estate
Berkeley Investments is staring down a foreclosure auction for nine of its Fort Point Channel properties in Boston’s Seaport District, including office buildings at 368 and 381 Congress St.
Wells Fargo Bank set a May 5 sale of the parcels after Berkeley defaulted on a mortgage, according to a legal notice announcing the auction. The sale is yet another potential setback for Seaport development that’s been stalled by financing constraints.
The properties constitute a large portion of the 700,000 square feet portfolio of a dozen buildings, parking garages and lots that Berkeley bought for $97 million from Boston Wharf Co. in 2004.
Its goal was to turn Fort Point Channel into a more active neighborhood.
Berkeley president Young Park said his company is in negotiations to avoid the foreclosure sale.
“We’re working through it,” he said yesterday. “The note reached its maturity date . . . and the bank doesn’t want to renew the loan.”
The real estate investment and development company previously sold five of its former Boston Wharf properties, totaling 335,000 square feet, to Newton’s National Development.
Parcels headed for the auction block also include 22 Boston Wharf Road, an eight-story building with six levels of parking and 58,000 square feet of office space; and 12 Farnsworth, a six-story building with ground-floor retail.
Park is a “visionary” who understood Fort Point Channel’s potential to be a unique neighborhood by converting its warehouses for 21st-century uses, said Vivien Li, executive director of the Boston Harbor Association. He lured two of the city’s top chefs: Barbara Lynch, who opened Sportello, Drink and Menton on Congress Street; and Joanne Chang, whose Flour Bakery is at 12 Farnsworth.
“It would be a major setback for this district if for some reason he was not able to hold onto these properties,” Li said. “But the real estate market is very tough right now, and financial institutions are really scrutinizing every loan. They are not lending money, which is what put a halt to all the development on the waterfront.”
Berkeley’s Fort Point Channel parcels might not be its only properties in trouble.
The Worcester Telegram & Gazette this month reported that a March 31 foreclosure auction had been set for three downtown Worcester properties that are part of Berkeley’s stalled $563 million, 20-acre CitySquare development plans. The newspaper said it erroneously printed a legal notice for the auction that the mortgage holder had pulled. Last week, however, Hanover Insurance Group’s Opus Investment Management signed a purchase and sale agreement with Berkeley to become the project’s new developer. Berkeley, meanwhile, will retain ownership of the three buildings in question, the newspaper said.
Article URL: http://www.bostonherald.com/business/real_estate/view.bg?articleid=1241704
Tuesday, June 30, 2009
Berkeley Seeks Vending Carts at 343 Congress
There will be a hearing at 9:30 AM on Tuesday, July 14th on the appeal of Berkeley Investments, Inc seeking with reference to the premises at 343 Congress St. from the terms of the Boston Zoning Code (see Acts of 1956, c, 665) in the following respect: Variance Article(s) 8 (8-7) Place two food vending carts at location.
The hearing will be held at:
Inspectional Services Department
1010 Massachusetts Avenue, 4th Fl. Boston, MA 02118
617-635-4775
If you wish to express an opinion in regards to the above proposal either in favor or in opposition, please detach the lower portion of this announcement or mail to:
Board of Appeal
1010 Massachusetts Avenue, 4th floor
Boston, MA 02118
Members: Christine Araujo-Secretary Angelo Buonopane Peter Chin Michael Monahan Anthony Pisani Robert Shortsleeve
Monday, February 18, 2008
Boiler Room for 368 Congress St. Survives!
Due the community's strong advocacy, Berkeley Investments has withdrawn their petition to demolish the boiler room of 368 Congress St. Thanks to everyone who came out in support of preserving this historic building.
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