News

Fan Pier Boston Confirmed as Volvo Ocean Race 2008-09 U.S. Stopover Venue

Preparations for the April-May 2009 Volvo Ocean Race are underway.

Turner Construction Co. has been selected by The Fallon Co. to serve as the general contractor for a $125 million office building at Fan Pier on Boston’s waterfront. 

Turners Construction Company has been selected as general contractor for One Marina Park Drive, a $125 million office building planned at Fan Pier on Boston’s waterfront. 

They are building in Boston on the waterfront-three cranes are making for making way for a billion dollar investment. Known as Fan Pier, there be will almost three million square feet of offices, homes, a marina, a hotel and more.

Over the coming decade, Bostonians will witness that rarest of things in a centuries-old city: the birth of an entirely new neighborhood.

If the Globe were all I read each day, I’d think that One Franklin, Fan Pier, and the Rose Kennedy Greenway were the only important developments here. 

With rents rising and the “Big Dig” finally completed after 16 years, Boston is seeing a surge of office development. 

Fan Pier developer Joseph F. Fallon said he wants to add laboratory space to his three-million square-foot project on the South Boston Waterfront, where he broke ground in September for an office building.

Jimmy’s Harborside Restaurant, a landmark on the South Boston Waterfront for decades, will be replaced by two mostly glass buildings with two large restaurants and a waterside public plaza. 

The Fallon Co. broke ground on One Fan Pier Blvd., the first office structure to grace Boston’s Fan Pier mixed-use development, which will span 21 acres along the Boston Harbor at an expected cost of $3 billion.