Partners has begun negotiations with LDA Acquisitions, LLC to acquire the property, known as parcels 6 and 7, which total 248,000 sf, in the Yard's End section.

MGH, one of the founding members of the Partners HealthCare, is the largest non-government employer in the city, with almost 16,000 employees--more than 2,000 of whom work in the Charlestown Navy Yard. Partners also operates administrative offices in the Navy Yard as well as its Institute of Health Professions.

"This agreement makes way for these long vacant parcels to move forward and soon provide up to 1,000 new jobs in the Charlestown Navy Yard," says city Mayor Thomas M. Menino. "By activating and invigorating Boston's waterfront with a variety of uses, this project will go far in terms of reaching our goals for development in Boston."