BOSTON-The latest attempt to develop South Boston’s Parcel F has reached another significant stage in the process, with the Massachusetts Port Authority narrowing the list of bidders for the prime 1.5-acre parcel to three. Another three were eliminated by the decision, including Donald Chiofaro, who earlier this year was dedesignated as developer of the property when his pre-selected tenant backed out of the deal.

The Trammell Crow Co., Manulife Financial and Beacon Capital Partners will now compete against each other, with each company proposing office buildings for the site. ManuLife’s plan is seen as having a leg up by some, given that the Toronto-based insurer has tied the project to the planned relocation of several thousand employees into Boston. The size of each finalist’s proposal is similar to the 17-story, 470,000-sf structure that Chiofaro had envisioned, both in the earlier round and in his latest effort.

Massport first issued an RFP for Parcel F in 1997. The land is located in Boston’s Seaport District, a swath of 1,000 acres targeted as the next great development area for the Hub. Also losing out on their efforts to develop the property were Leggat McCall Properties and the New Boston Fund. The parcel is one of several owned by Massport, a quasi-public state agency that oversees the port of Boston, Logan International Airport and several other regional airports and bridges.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.