Tishman Speyer Lands Anchor Tenant for Seaport Project

A rendering of 200 Pier 4 Blvd., the new home of Boston Consulting Group.

BOSTON—Chalk up another win for the Seaport District. The Boston Consulting Group has agreed to be the anchor tenant at Tishman Speyer’s Pier 4 office building currently under construction there. The firm will follow the likes of General Electric, PwC, Goodwin Procter and Fidelity Investments into the Seaport District, and will relocate its corporate headquarters into more than 200,000 square feet at 200 Pier 4 Blvd. BCG, in an expansion of its presence in Boston, will shift operations in June 2018 from 146,000 square feet of space at its two Boston buildings— Exchange Place (53 State St.) and One Beacon St. At Pier 4, BCG will occupy 202,000 square feet on floors seven through 13. Site work began earlier this year and construction has begun on the 13-story 370,000-square-foot office building. BCG says approximately 700 workers will move to the Pier 4 building. The global management consulting firm, which has 85 offices in 48 countries, has been a tenant at Exchange Place for 31 years and at One Beacon for eight years. “We are excited to join our two offices in Boston as we move into the new Pier 4 location,” says Simon Bartletta, a BCG senior partner and the managing director of the office at Exchange Place. “We see this new development as a great choice to support our dynamic organization and to position us for the future. With its sweeping views of the harbor and modern, new workspaces, this is a destination for attracting and developing our firm’s most valuable asset: its people.” In the Pier 4 lease deal, Michael Joyce and John Barry of Transwestern RBJ represented BCG and Tishman Speyer’s Sam Schaefer and Brooks Brown represented building ownership. Tishman Speyer unveiled its plans for the Pier 4 property in January 2015 after it acquired the approved mixed-use development from New England Development. Tishman recently began construction on the office project on spec. The Boston Redevelopment Authority originally approved the Pier 4 project as a Planned Development Area master plan in March 2005. The building, designed by Elkus Manfredi Architects of Boston, will be built for LEED Gold certification. In April 2015, Chinese insurance firms Ping An Insurance Co. and China Life Insurance Group Inc. reportedly became investors in the Pier 4 project . Pier 4 will also be home to a nine-story, 100-unit luxury residential building next door, designed by SHoP Architects in collaboration with local Boston firm CBT. Both the residential and office buildings will feature 17,000 square feet of ground floor retail space. Construction has yet to begin on the residential building, according to a Tishman Speyer spokesman. The design of the office building was approved by the Boston Civic Design Commission in June 2015 and the residential building’s design was given the green light by the commission in November 2015.