ULI Boston: Building Over the Pike

When

2020-09-23
2020-09-23T10:00:00 - 2020-09-23T11:00:00
America/New_York

Choose Your Calendar

    Where

    ZOOM
    Join us for an interactive discussion around complexities of air rights development over the Mass Pike.
    *Registration is required in order to receive the webinar link*
    For the first time in more than 40 years, there is going to be air rights development above the Massachusetts Turnpike (I-90).
     
    Developed by Samuels & Associates, Parcel 12 (soon to be known as 1001 Boylston Street) offers an important opportunity to repair a barren section of Boylston Street and Massachusetts Avenue disrupted by the Turnpike. Additionally, this project aims to knit together distinct Boston neighborhoods: the Back Bay and the Fenway, and the South End and the City of Cambridge by creating a dynamic mixed use development with ground-floor.  Developed by Meredith Management and IQHQ, Parcel 7 will be a mix of office/R&D/lab and life sciences uses in order to address current investor and market demand for such uses in proximity to the Longwood Medical Area (LMA), robust public transit and Boston University.
     
    Join us on September 23rd to hear from those who are breaking new ground – both literally and figuratively. On the wide-ranging agenda, we will discuss the nuances and complexities of creating places out of thin air and what the path forward might look like for others.

    Speakers

    Moderator

    Lauren O’Neil

    JLL

    Lauren is a senior managing director and co-head of the Boston office of JLL Capital Markets, America. She joined JLL as part of the HFF acquisition and has more than 13 years of experience in commercial real estate. In addition to overseeing the day-to-day operations of the Boston office, she is primarily responsible for originating debt and equity transactions throughout the eastern United States. During the course of her career, she has been involved in more than $9 billion in debt placement, investment advisory and equity placement transactions. Lauren started at HFF in August 2004 as a real estate analyst.

    Panelist

    Scott Bosworth

    Chief Strategy Officer, MassDOT

    In October of 2015, Governor Charlie Baker appointed Scott Bosworth as Chief Strategy Officer of MassDOT/MBTA. In this role, Scott works with Secretary Stephanie Pollack and MassDOT/MBTA senior staff, to drive institutional change and innovation, foster a customer-centric culture, and lead key strategic initiatives of the agencies and the Baker/Polito Administration. His focus areas have included oversight of MassDOT and MBTA real estate functions, creative project finance, funding and delivery and intergovernmental affairs. His deep roots in federal, state and local transportation policy span three decades, including influential assignments as Assistant Secretary of Transportation under Governors Weld and Cellucci as well as with the Transportation and Infrastructure Committee of the U.S. House of Representatives and its Chairman, Congressman Bud Shuster. After leaving state government in 1998, Scott started a group of companies that deliver architectural, engineering, public engagement and strategic planning services to public and private real estate, transportation, and infrastructure entities.

    Panelist

    John Rosenthal

    President, Meredith Management

    John Rosenthal is the President of Meredith Management. He is a successful real estate developer and manager in Massachusetts who has distinguished himself in his ability to balance corporate and individual responsibility. Meredith developed the very first mixed income multifamily affordable housing complex financed by MassHousing in 1969 and has developed several thousand units since. Meredith currently owns over 1,000 apartments and approximately 150,000 sf of commercial space in the Commonwealth. John is currently co-developing and will complete construction in September 2020 on Fenway Center Phase 1/BOWER including 312 apartments and 37,000sf of amenity oriented retail space. Meredith and it’s Phase 2 partner, Life Science REIT IQHQ plan to commence construction in September 2020 on the balance of the 1.3MM square foot Fenway Center mixed use transit oriented development next to Fenway Park and abutting the Lansdowne Commuter Rail Station, which he dramatically improved for the MBTA in 2014. Fenway Center Phase 2 will include the largest air rights Deck built in Boston since Copley Place in 1980, totalling over 2 acres between Brookline Ave and Beacon St., and 1,000,000sf of Research Lab and Office space. John is also very active in community based environmental and social justice issues. He has also organized and advocated extensively in support of safe and renewable energy and against nuclear power and weapons. John has also founded several effective Massachusetts based nonprofit organizations. In 1987 John started the Friends of Boston’s Homeless (www.fobh.org). The Friends is a partnership with the City of Boston, has raised over $25,000,000, serves 800 people every night and helps transition more than 400 formerly homeless men and women in Boston beyond shelter with housing and jobs each year.

    Panelist

    Joel Sklar

    President & Principal, Samuels & Associates

    Real estate is in Joel’s DNA. The son of a Cuban architect, he grew up in Miami, traveling to inspect sites with his father and even helping to design two of his childhood homes. After attending the University of Florida and Harvard Law School, Joel became a partner at Goulston & Storrs. After leaving to conduct real estate deals on his own, he soon joined his friend, Steve Samuels, who was looking for some help in growing a development company. Joel is passionate about seeing a new district come to life after years of work. “That’s the best part, watching our new project come to life and be woven into the fabric of the community in which it resides.” Outside of work Joel enjoys being, quite literally, outside. He loves cycling, boating, tennis “and any other sports I can still survive.” He’s also quick to add, “I’m a big fan of American craft beers.” Joel serves as Chair of the Boston Main Streets Foundations and as a member of the Board of Nuestra Comunidad Development Corporation, a non-profit CDC that builds affordable housing and promotes economic development in Roxbury.

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