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Trade Center South to Add Residential Component

BOSTON-The World Trade Center South, a 450,000-sf building proposed for the seaport district eyes adding a residential component to its plan. The building is the third in a complex here being developed by John Drew and Pembroke Real Estate, a subsidiary of Fidelity Investments.

By Naomi Grossman | Updated on February 21, 2002

BOSTON-While the two 500,000-sf buildings at the World Trade Center complex here in the seaport district struggle to fill its space, a third building that is currently in the planning stages looks like it might add residents to its mix.

According to local published reports here, the World Trade Center South, a 450,000-sf building to be developed here by John Drew and Pembroke Real Estate–a subsidiary of Fidelity Investments–will become a mixed-use building with residential and retail components. Dawn Curtis, a spokesperson for Drew, tells GlobeSt.com that the “plan is still being finalized.” But she confirms that the developer is “looking at a multi-use residential and office building with a retail component.” Curtis emphasizes that Drew is “not scrapping the office tower” but she says that they intend to have a residential component. “Our commitment to the area is strong,” she says. “We want to build a community down there.”

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