Despite the fiscal cliff, there are a number of capital improvement programs recently completed or underway in Downtown Boston and Cambridge. Among them are 99 High in the Financial District, and One Rogers Street in Cambridge. Here is an quick look at both.
As construction manager/general contractor, Jones Lang LaSalle Construction has completed construction on behalf of building owner TIAA-CREF of a far reaching $30 million project at 99 High. Improvements have turned the iconic 730,000 square foot office and retail tower into virtually a new building inside and out. The current repositioning has taken the asset up market.
The 99 High lobby repositioning is transformative. A boutique experience was created by adding a new rear lit feature wall, modernizing security and access points, new furniture and finishes. Removal of a second set of doors and side walls has enhanced the lobby’s connectivity to the outside.
Society on High, a new farm-to-fork themed restaurant, is coming to 99 High at street level. Our team has begun replacing the existing storefront. This addition of this bistro by Ian Just, chef-owner of Les Zygomates, will help to expand the Financial District as an after-hours work and living destination. The venue is scheduled to open in early 2013.
Our goal at One Rogers Street is to adapt to the needs of today’s tenant and differentiate by infusing new energy into the property. A new lobby is inspired by an urban garden concept. The courtyard, an amenity enjoyed by the tenants and a respite for the evolving East Cambridge neighborhood, is a clear advantage compared to the competition.
The multi-million dollar renovations, scheduled for completion by year end, have been instrumental in attracting Pegasystems to the building. The company continued its commitment to Cambridge by recently opening their new corporate headquarters here.
At 99 High and One Rogers, we partnered early with the building owner, our brokers, property managers, and the design team. This has driven marketing strategies resulting in attracting and retaining quality tenants. The downtown and Cambridge experience is being changed in the process.