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Seaport WTC Redevelopment Changes Plan
Fidelity Investments’ sister company, Pembroke, is adjusting its plans for the Seaport World Trade Center redevelopment, now called Commonwealth Pier, by scrapping the previously proposed event and ballroom space, Boston Business Journal reported.
The redevelopment project, which includes renovating and expanding Fidelity offices and adding public spaces like a waterfront plaza and improved harborwalk, will no longer feature the 56,400-square-foot ballroom. Instead, Pembroke plans to use the space for conference rooms for Fidelity office users and potentially for public-facing features like restaurants, retail, or cultural spaces.
The project, originally set for completion in 2022, is now expected to extend into 2026. Pembroke is seeking permission from state regulators for these changes.
- ◦Lease
