1. The Seaport District Marissa Berardi and Brent Myers- Lawson

2. Proposed Development LEED Certified mixed-use space in seaport district, on the South Boston waterfront

3. Why Boston Now? Increase in Developments from last year Growing economy Investment returns expected to increase Increase in job growth provides demand South Boston 23.7% single males 23.8% single females Median age: 38 Homes with kids: 19.5%

4. The Seaport District Where is it? – The South Boston waterfront – Bordered by the fort point channel and the Boston harbor Attractions – Museums, Cruises, BofA pavillion, – Restaurant and bars, Hotels

5. Why the Seaport District? “Seaport Area: Atlantic Wharf, Fan Pier, and Liberty Wharf. After years as an under-utilized neighborhood, the Boston waterfront is continuing to evolve. Today, Boston Harbor and the land that surrounds it is the subject of intensive planning, huge real estate development projects, and extensive debate both public and private over how to proceed. The way the waterfront is transformed will determine the look and feel of the city for the next century and beyond.”- fortpointchannelboston.com Mayor Menino has proclaimed the Seaport area the “Innovation District” Created for innovators and entrepreneurs “The city’s most rapidly-changing neighborhood” Good for locals and tourists alike !

6. Why Seaport Cont’d Cheaper office space is attracting businesses from financial district and other expensive downtown areas – Ex. Fish& Richardson moved from State street building to One Marina park Drive

7. Existing Developments in Seaport Westin Waterfront, Seaport Hotel, Renaissance Waterfront Hotel Home of ICA Restaurants- fine dining – Ex. Flour bakery second location – Sportello and Drink

8. Current Seaport Building Restaurants opening/recently opened: ~20 have opened or are soon to open in area – Smith and Wollensky to be part of new $500M Atlantic Wharf skyscraper project on the waterfront nearby – Barbara lynch and Joanne Chang have projects in the area Fallon, Hynes and other developers bringing $6B worth of office buildings, residences, hotels, and retail

9. Similar Developments Atlantic Wharf tower- Mixed-use – Condos for $425 PSF Seaport Square – $3B, 300,000 sq ft mixed-use development area with over 6M sq ft of residential, retail, office, hotel, civic and cultural uses, as well as an Innovation Center. Waterside Place- 234 rental apartment units, ~ 70,000 square feet of retail space, a grocery store and pharmacy, approximately 185 above-grade parking spaces and a 14,000 square-foot Innovation Center Liberty Wharf complex- $60M three building complex with restaurants, outdoor plaza,

10. Similar Development Pricing FP3 Boston Lofts Address 368 Congress Boston, MA 02110 Price From: Condos Rentals Studios: $350,000 $1,900 One Bedroom: $400,000 $2,500 Two Bedroom: $525,000 $4,000 Unit Features: Arclinea Kitchens Hacin + Associates Bathrooms Hardwood Floors Large Windows Central Air Conditioning Outdoor Space Price Beds/BathsSize (SF) Unit Level $369,0000 / 1.0 66044 $395,0000 / 1.0 74733 $479,0001 / 1.0 85744 $515,0001 / 2.0 1,01933 $699,0002 / 2.0 1,37444 $899,0003 / 4.5 1,8044 $1,850,0002 / 2.5 2,1787

11. Similar Development Pricing Cont’d Address: 319 A Street, Boston, Ma Property Type: Office Stories : 5 Typical Floor: 9,150 SF Building Size: 45,750 Total Space Available: 22,831sf Rent/SF/Yr: $20.00 Example Floor: 1st Available space: 3,100 SF-5,200 SF Rent/SF $20.00/SF/Yr Vacant Negotiable Office

12. Site Channel Wharf Condominums: Fully Permitted Project 401 W 1st St, South Boston, MA 02127 Price:$5,400,000 Lot Size:32,315 SF Property Type:Land Property Sub-type:Multifamily (land) Features: – Electricity/Power – Water – Telephone – Cable – Gas/Propane Find Out More... Last Verified 3/1/2011Listing ID 16740534 1 Lot Available Lot 1 Price:$5,400,000 Lot Size:32,315 SF Price/SF:$167.11 Lot Type:Multifamily (land) Commission Split:2.5% Description Welcome to "Channel Wharf Condominiums" a fully permitted project with 45 Residential units in two buildings & 68 parking spaces plus 7,000 sq ft street level retail. Level lot ready to build today! Water views from top levels of this five story permitted project. Drawings and plans with detail included in price available on CD anytime Flat and ready to build http://www.loopnet.com/Listing/16740534/401-W-1st-St-South-Boston- MA/ http://www.loopnet.com/Listing/16740534/401-W-1st-St-South-Boston- MA/

13. Sites Visited: http://www.innovationdistrict.org/tag/watersi de-place/ http://www.innovationdistrict.org/tag/watersi de-place/ http://www.innovationdistrict.org/the-latest/ http://www.boston-discovery- guide.com/south-boston-waterfront- hotels.html http://www.boston-discovery- guide.com/south-boston-waterfront- hotels.html http://www.masshightech.com/stories/2010/ 10/18/daily48-Bostons-innovation-district-to- add-two-mixed-use-projects.html http://www.masshightech.com/stories/2010/ 10/18/daily48-Bostons-innovation-district-to- add-two-mixed-use-projects.html