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Carr JV Joins Boston’s 43-Story One Congress Development

A pair of Washington, D.C.-based companies formed a partnership to acquire One Congress, a planned 43-story, one-million-square-foot office development in Boston. Carr Properties and National Real Estate Advisors, LLC will own the project, and has retained Boston-based The HYM Investment Group, LLC to develop the tower.

The property at 1 Congress St. is located in the heart of downtown Boston, and will offer unrivaled views and visibility across the Boston skyline. The project’s central location is near public transit and numerous restaurants, shopping and neighborhood amenities.

Carr Properties’ Oliver T. Carr, III says, “We are excited and honored to be able to join with National and HYM in this signature office development for the city of Boston. One Congress is a transformational development that will offer a best-in-class environment, combining tremendous quality workspace and in-building amenities.”

The venture anticipates commencing construction of One Congress in the summer of 2019, and opening in 2022.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition