$20 Million Renovation To Add Retail Space To John Hancock Tower
Filed under: Real Estate Developments
Earlier this year, Normandy Real Estate Partners and Five Mile Capital Partners picked up Boston's tallest building Hancock Place, better known as the John Hancock Tower, for nearly $661 million (a bit of a steal considering it sold for $1.3 billion in 2006). Now the partners have announced some plans for the glass skyscraper. The owners have obtained city approval to go forward with a $20 million renovation inside the building. The proposal will fill 90,000 square feet of unused space on the high-rise's ground floor and lower levels with three restaurants, shops and underground parking. The Boston Herald reports that a two-level 10,200-square-foot eatery will be located along the Stuart Street side of the tower. A second cafe is planned for the St. James Street side of the tower and 1,960 square feet of space for a small restaurant or retail tenant with another 8,800 square feet of retail is on the lower level. No word yet on what businesses might be potential tenants.
Live from Microsoft's New Generation Xbox event!
Xbox Reveal liveblog on Joystiq
Dozens Killed in Oklahoma Tornado; Death Toll to Rise
Justin Bieber Booed, Gets Standing Ovation at Billboard Music Awards
2013 Billboard Music Awards Best and Worst Dressed
Watch: Kansas Meteorologist Seeks Shelter From Tornado
Two Pilots Fired After Brazilian Pop Star Takes Captain's Seat Mid-Flight
Oldest Water on Earth Found Deep Underground
2013 Billboard Music Awards: All the Winners!
Xbox One architecture panel liveblog!