L3 Capital – 149 Newbury Street
Boston, MA
101 South Street is the first purpose-built Class-A lab building in Somerville, marking a significant milestone in the 1.8 million-square-foot Boynton Yards mixed-use life sciences and cultural community. This nine-story, 289,000-square-foot building provides cutting-edge R&D lab and office space, a fitness center, bike amenities, four levels of below-grade parking constructed with a slurry wall system, and on-site retail. Certified LEED® v4 Gold and WiredScore Platinum, the building’s high-efficiency infrastructure supports emerging life sciences and technology companies.
The ground floor features a conference center and arts and creative enterprise space, designed for both tenants and the local Somerville community. The building was fully pre-leased to Flagship Pioneering, housing its new companies across 280,000 square feet.
Despite the challenges posed by the pandemic, Shawmut completed the project on time, ensuring enhanced safety protocols to meet public health mandates.