BOSTON-The board of the Boston Redevelopment Authority gave its thumbs up to the second phase of the Fort Point Downtown Municipal Harbor Plan. The plan will allow the former industrial area to be redeveloped into a residential and retail neighborhood.

The second phase of the initiative includes planning recommendations for approximately 37 acres along the western side of the Fort Point Channel and approximately 44 acres of adjacent watersheet. With this approval, the plan is ready to be sent to the state’s Executive Office of Environmental Affairs for its review and approval process.

“This plan outlines a great vision for our city. The Fort Point Channel is Boston’s next great place. It will bring life and vitality to the Fort Point Channel downtown waterfront,” says Mayor Thomas M. Menino.

The plan envisions a loft-style housing units, ground floor retail space, a rooftop observatory, hotel uses, office space, museum space, underground parking and a waterfront plaza featuring restaurants, cafes and floating piers for various transient vessels.

The plan will also establish design guidelines for the implementation of the Harborwalk and the city says that within the next two years, uninterrupted public access will be provided linking the Moakley Bridge to the Summer Street Bridge. In addition, the BRA hosted an open space design charrette for the parcels at 470 Atlantic Avenue, 500 Atlantic Avenue and Russia Wharf, establishing open space design guidelines for these parcels. Combined these properties will offer more than one acre of public open space along the Channel, the city notes.

The first phase of the plan consisted of the 2.8 acre site at 500 Atlantic Ave. for which a development project has been proposed consisting of a hotel, residential and ground-floor commercial uses. The second phase consists of Hook Lobster, 470 Atlantic Ave. or Independence Wharf, Russia Wharf, Federal Reserve Bank, 245 Summer St. and the United States Postal Service Parcel. The first phase of the plan was approved by the state last October.

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?


© 2023 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 © 2023 ALM Global, LLC. All Rights Reserved.