SM& client Related Beal recently announced development plans for Congress Square, a five-building portfolio consisting of nearly 343,000 SF of office and retail space located at the top of Post Office Square. The plans call for a repositioning and reinvention of the entire city block, formerly known as “The Block on Congress,” to create dynamic office space and marquee, desirable retail. Related Beal has tapped Arrowstreet to serve as the architect and to redesign the Congress Square into a 24-hour mixed-use environment bringing bold vision to an iconic business address. Related Beal has also enlisted CBRE/Grossman to lead all retail leasing efforts, and JLL for Congress Square’s office space at 40 Water Street.
Related Beal’s plans call for the creation and activation of Quaker Lane, a pedestrian alley bisecting the property and will connect PO Square to Faneuil Hall. They’re working to transform Quaker Lane into an urban oasis lined with boutiques, indoor and outdoor cafes and restaurants, nightlife attractions and distinct retail venues. The smaller buildings on Congress and Devonshire are anticipated to be converted to residential or boutique hotel uses, while the larger building at 40 Water Street is being redeveloped as a modern office location with efficient and versatile floor plates, a grand entrance, double-height lobby and ground floor retail. Combining classic architecture with upscale amenities, including outdoor spaces throughout the buildings and inviting public spaces, and new systems, including six new traction elevators, Congress Square will transform a historic building into modern, efficient and dynamic office space.