News & Updates

Mayor Menino Celebrates Fan Pier Topping Off

Jul 19, 2012

On Thursday Mayor Thomas M. Menino joined BRA director Peter Meade, Fan Pier developer Joe Fallon, Vertex Pharmaceuticals President and CEO Jeff Leiden, and Turner Construction workers, to celebrate the placement of the final beam at Fan Pier's Building B. The 18-story building at Eleven Fan Pier Boulevard is one of two under construction at the site in the Innovation District and will house Vertex Pharmaceuticals upon completion. The beam was  signed by more than 100 members of Boston Iron Workers Union Local No. 7, who hoisted it into place to top off the project. “Boston’s waterfront is central to our past, present and future and the Fan Pier development exemplifies its vitality, bringing more jobs, residents, businesses and life to one of our city’s most promising neighborhoods,” Mayor Menino said. “Our iron workers, Turner Construction, The Fallon Company and Vertex deserve our thanks for moving this important project forward with passion and commitment. Building Boston’s waterfront and life sciences industry is an ongoing cooperative effort, and developments such as Fan Pier will help us usher in a new era for our city.” The $800 million, 1.1 million square foot project broke ground in July 2011 and is the largest private construction project in the nation. The two towers that will be leased by Vertex will be the second and third major structures at Fan Pier. The completed 21-acre Fan Pier development complex will contain eight buildings comprised of offices, residences, retail space and hotel rooms, as well as a park and marina. The project’s next development phase is scheduled to be a 15-story condominium building slated for completion in late 2014/early 2015. Vertex Pharmaceuticals is relocating from Cambridge, MA, and the two new buildings at Fan Pier will house the company's entire Massachusetts workforce. During the 2012 BIO International Convention held in Boston, Vertex announced a more than $1 million over three year commitment to support a range of activities aimed at enhancing science, technology, engineering and math (STEM) education at two South Boston public schools. The Vertex buildings at Fan Pier will also include a 3,000-square-foot learning laboratory that will allow local students and teachers to conduct scientific projects alongside Vertex scientists.

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