(Image courtesy Isabel Leon for the City of Boston)
The construction of an 18-story building at Fan Pier in the South Boston Innovation District cleared a major hurdle as developers and city officials “topped-off” the building.
At the Thursday ceremony Mayor Thomas M. Menino congratulated developer Joe Fallon for the work on the project so far, and informally welcomed Jeff Leiden, the president and CEO of Vertex Pharmaceuticals, the occupier of the building, to the neighborhood.
“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 in a statement.
The building located at 11 Fan Pier Blvd. is one of two buildings under construction at the site.
The $800-million project broke ground in July 2011 and is the largest private construction project in the nation, according to the Boston Redevelopment Authority.
Eventually the 1.1 million-square-foot project will boast two towers, which will be leased by Vertex.
The Fan Pier towers are just part of the 21-acre Fan Pier development, which includes eight buildings that will house offices, residential units, retail space, hotel rooms, a park, and a marina.
The next phase of the development, a condominium building, is expected to be completed by late 2014/early 2015.