June 23, 2011

Developer Joseph Fallon used Wednesday’s groundbreaking ceremony for Vertex
Pharmaceuticals ’ new campus in South Boston to publicly reaffirm his plans to select an
architect by the end of the year for a planned residential complex on Fan Pier — right behind the
site where Vertex will set up shop.

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June 22, 2011

It was strictly out of pity that I pointed my car toward the South Boston Waterfront Sunday
night to trade a few coins for clams at the massive new Legal Sea Foods complex.

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June 22, 2011

Joe Fallon and the team behind Vertex Pharmaceutical’s move to Boston’s Fan Pier broke ground
on the company’s 1.1 million-square-foot headquarters this morning, kickstarting construction on
a project that many said would never happen.

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June 22, 2011

Boston-based development firm, The Fallon Company,
headed by President & CEO Joseph F. Fallon, today broke ground on Fan Pier’s second and
third office buildings and the future home to the 1.1 million square foot global headquarters
for Vertex Pharmaceuticals. This lease is the largest commercial lease in the history of
Boston and with construction underway, it’s also the largest private sector construction
project in the country. More than one thousand [1,000] construction jobs will be created as a
result of this new project. Vertex currently has approximately 1,300 employees in
Massachusetts and expects to add an additional 500 new jobs in Massachusetts through 2015
to support the company’s continued growth.

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