Skanska Commercial Development has acquired its third Seaport Square parcel, paying $36 million for a former parking lot on which it plans a 425,000-square-foot office building with ground-floor retail.
"We'll be engaging a design and consulting team immediately and start to plan the project," Executive Vice President Shawn Hurley said.
A construction date hasn't been set, but Skanska has been showing conceptual plans to prospective tenants.
"The market is very strong, and there's a high level of interest," Hurley said. "One of the draws of the Seaport District right now is there's a wide array of tenant types interested in offices down there."
Skanska purchased the one-acre lot from Boston Global Investors and Morgan Stanley, master developers of Seaport Square, an estimated $3.5 billion, 23-acre, 6.5-million-square-foot development on the South Boston waterfront that will convert 3,700 parking spaces into residential, retail, office, hotel and other uses. Known as "L2," the lot is across from Seaport Square's first office building project: Skanska's $126 million, 17-story 101 Seaport Boulevard, which got under way in September.
Skanska and partner Twining Properties are expected to announce soon the start of Skanska's second Seaport Square development: Watermark Seaport, a 346-apartment tower with 25,000 square feet of ground-floor retail.
"It's going very well," Hurley said. "We're trying to put the last touches on planning that deal."
Skanska's three Seaport Square projects will total about 1.2 million square feet combined.
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