Pier 4 condos will have Boston Harbor on three sides
At one time, Anthony’s Pier 4 Restaurant on Northern Avenue was the most popular place to get great seafood in Boston. It was considered to be one of the finest and most successful restaurants in the country.
It closed in 2013 and last year, work began on tearing down this culinary landmark.
Coming in its place is an exciting new development – a nine-story, 106-unit luxury residential masterpiece.
Pier 4 will be the only Seaport condominiums to have the water on not one, not two, but on three sides of the building.
Tishman Speyer, which purchased the 9.5-acre site in 2014 for $70 million, is developing the project. This residential building is being designed by internationally acclaimed SHoP Architects in collaboration with the Boston firm CBT.
There will also be a 13-story office building with 353,000 RSF of office and 20,000 RSF of ground floor retail space.
In the residential building, each of the 106 homes (expected to be completed in 2018) will feature sophisticated and unique layouts with elegant finishes and private outdoor space. The views of the waterfront will be spectacular.
Pier 4 itself is long, rectangular and extends roughly 400 feet into Boston Harbor. Residents will be living on the site of an adored and fascinating part of the city’s history.
Anthony Athanas, an Albanian immigrant, opened his famed restaurant in 1963, bringing badly needed new life to the Seaport area.
This was a place where a long list of well-known people came to dine, including many of the Kennedys, Johnny Carson and Frank Sinatra. Many professional athletes made it a point to drop in. There was no shortage of politicians from all levels of government, including U.S. Presidents, as well as business leaders, musicians, artists, writers, actors and actresses who all dined at what, during its heyday, was one of the world’s most acclaimed and popular eating establishments as well as the highest grossing restaurant in the country.
The function room on the second floor was always busy with events ranging from holiday parties to weddings to campaign fundraisers and victory parties.
Athanas, who passed away in 2005, became the personification of the American dream coming true. His four sons continue to operate the remaining Pier 4 restaurant establishments in other parts of the state.
Construction on what will become the future centerpiece of Pier 4 is now in its early stages.
Advisors Living, the residential platform of Boston Realty Advisors, was brought in by Tishman Speyer to market these 106 boutique ocean condos.
Janice Dumont, Chief Executive Officer of Advisors Living, said she is “very excited” about the project.
“We’re thrilled to bring our experience in marketing luxury developments to Tishman Speyer’s first residential project in Boston, Pier 4. This location brought residents, celebrities, and visitors to the South Boston Waterfront long before its development boom, and we’re proud to help continue its legacy as a premier address,” said Dumont, who notes that there will be a launching later this spring.
Dumont has a lot of experience with large multi-family developments, working with national and regional developers, leasing and marketing. She has more than $1 billion in sales management during the past decade.
According to her biography, prior to joining Boston Realty Advisors, Dumont was co-founder and Managing Director of Sales & Marketing at PrimeTime Communities LLC, a company she expanded into five states in 10 years.
Dumont said she wanted to focus more on the “urban core” and to work in Boston.
She has a lot of respect for Tishman Speyer.
“Tishman Speyer is a global entity that has best practices on everything they do,” she said.
Dumont is excited to be a part of the Pier 4 project.
“Pier 4 is dropping anchor in the city in a big way,” she said.
One of the features she says makes this project so special is the way Pier 4 blends with its Boston Harbor setting. Residents are going to love the one-acre park outside the building at the end of the Pier. They will absolutely get what she calls “an outdoor experience with the water.”
There will be some very unique features at Pier 4, including sea steps. Every condo will have view of the water.
As is the trend with many of the high-end luxury residential buildings, Pier 4 will not be just a place to come home to eat and sleep. Residents are buying a lifestyle, in this case, one that plays nicely with its Boston Harbor surroundings.
In addition to the one-acre water park, the Harbor Walk will be extended around the perimeter of the site. There will also be a public plaza between the neighboring Institute of Contemporary Art (ICA) and the condominium building.
There are still more plans in the works.
“Amenities are still developing,” said Dumont. “One thing we find is the incredible spirit of the place at Pier 4.”
Many people still have fond memories of Anthony’s Pier 4, including Dumont, who said one of her college roommates was married there.
Infused with history and inspired by the local fabric, the reinvented Pier 4 retail area will offer an exceptional diversity of shops and restaurants.
“This project is world-class, elegant and sophisticated, and therefore aligns with Advisors Living’s experience and thoughtful approach,” said Sam Schaefer, Managing Director at Tishman Speyer. “The interest we are already receiving from potential buyers has been impressive, but not surprising given the property’s outstanding location directly on the water, architecture, amenities, and customized residences. We are excited to deliver an urban oasis in the center of one of Boston’s most burgeoning areas.”
This development will take Boston up to its next level of evolution as a very desirable international city.
“This is truly a world class city when looking at education and medicine,” said Dumont. “I see Boston becoming more of an international city. It is still small enough to be safe and not too big.”
Within the city, the Seaport area has been one of the faster growing and most popular places to work and call home. In addition to the harbor and the area parks, Pier 4 residents are going to enjoy the convenient access to Logan International Airport as well as direct access to I-93 North and South, the Mass Pike, Downtown Boston, public transportation and the water taxi system.
For more information about the PIER 4 project, please visit http://www.PIER4boston.com.