The BEAT receives necessary financing to push the project forward!
The BEAT, the 16.6 acre site of the former Boston Globe’s headquarters, has secured $252,747,880 in financing via Oaktree Capital. The project located at 135 Morrissey Boulevard is transforming the existing three-story office building into a multi-tenant innovation park.
Let the transformation begin
According to BLDUP.com, The BEAT will include 360,000 square feet of office space and 300,000 square feet of flex/light industrial space, along with retail including a 10,000-square-foot fitness center, a 100-seat restaurant and a micro craft brewery with a food component, including an outdoor beer garden. There will be 868 parking spaces and over 200 bike storage spaces.
Additionally, a new multi-story atrium will be constructed at The BEAT’s entrance, creating a central gathering area with a food hall and collaborative meeting/gathering spaces. The atrium will be open to the public during working hours.