A 1M SF office project across the street from Google's Downtown West development has joined its neighbor in pausing the project.
BXP, formerly known as Boston Properties, is pausing the Platform 16 project, which called for a three-building campus occupying a full city block along Guadalupe River Park . BXP has a 55% stake in the projects and expects to be a 50% partner in the future development of the site, TheRealDeal reported.
BXP is currently developing the first phase of the project and will pause construction after the completion of an underground parking garage and building foundation elements over the next few months. BXP remains committed to completing Platform 16 as the market improves, the company said in an email to TRD.
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