Contruction Today - July/August 2017 - 70
Commercial | THE HYM INVESTMENT GROUP - BULFINCH CROSSING
Ultimately, the No. 1 goal of the company is to consistently
demonstrate to its investors that HYM is a true partner in the success
of its projects and works extremely diligently to ensure they are
completed the best way possible. "We want our investors to know
that we are a predictable group of people who will deliver projects
effectively for them," O'Brien says.
HYM's latest project is Bulfinch Crossing. In partnership with National
Real Estate Advisors, the company is tasked with redeveloping the
Government Center Garage into a six-building 2.9 million square foot
mixed-used project. Located in downtown Boston, the project is one
of the largest mixed-use projects ever permitted in the city of Boston.
Designed by CBT Architects and Pelli Clark Pelli, Bulfinch Crossing
will include a 45-story luxury residential high-rise, 43-story office
tower, 28-story luxury residential high-rise, hotel and condominiums, a boutique office and an iconic retail building.
When completed, Bulfinch Crossing will consist of more than 800
residential units, 200 hotel rooms, more than 82,000 square feet of
retail space and 1.15 million square feet of office space.
"This project will be completed in phases and we have already started
the first one," O'Brien says. "We've started demolition on the southwest
corner of the garage where the first residential tower will go. Vertical
construction will start in September, and when finished in spring of
2020, it will feature 368 rental units and 55 condominium units."
says good communication
and a team culture are essential
for its success.
The tower will be entirely constructed using concrete, which is
unusual for Boston because typical projects in the city use steel for
residential buildings, according to O'Brien. "A concrete building is
more efficient than a steel building," he says. "For example, its structure has better sound quality between floors."
The next part of Bulfinch Crossing is the 43-story office building,
which may start sometime within the next 24 months, O'Brien notes.
"On that schedule, this will be delivered sometime in late 2021 or
2022," he says. "The remaining buildings have varied timelines for
construction and completion."
Bulfinch Crossing is more than a mixed-use project, O'Brien notes,
because the more than $2 billion project will bring daylight to the
CONSTRUCTION-TODAY.COM JULY/AUGUST 2017