High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Boston & New England CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Boston & New England  + Retail  | 

Pru Center’s Top Floors to Get $125M Makeover

Boston Properties (BXP) plans a major repositioning of the top floors of the Prudential Center Tower, CEO Doug Linde told analysts on the REIT’s fourth-quarter conference call earlier this week. The company recently ended its lease with Select Restaurants, which has operated the Top of the Hub restaurant for half a century.

“Later this year, we expect to commence on major repositioning of the 50 to 52nd floors of the Prudential tower,” Linde said on Wednesday’s call. “We anticipate spending in excess of $125 million creating an extraordinary experience for local area residents and visitors to Boston.”

The repositioning will entail closing both the restaurant and the Skywalk observatory, effective in April. Linde declined to go into specifics about the new facilities’ design, or who will operate them.

BXP hopes to open the new space in mid-2022, Linde said. The REIT expects to announce further details in the coming weeks.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Boston Properties

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

New call-to-action
New call-to-action