Financial News
The Fallon Company Raises Final Beam at Fan Pier, Capping Major Milestone in Boston’s Waterfront Redevelopment
Topping off of One Harbor Shore Drive completes the 21-acre master-planned neighborhood that led the transformation of Boston’s Seaport District
The Fallon Company, a leading national real estate development firm with offices in Boston, Charlotte, and Nashville, marked a major milestone today with the topping off of One Harbor Shore, the final building in the company’s transformative 21-acre Fan Pier master plan. The event included remarks from company leadership, a ceremonial beam signing and hoisting with Iron Workers Union Local No. 7, and a luncheon recognizing the construction team’s efforts. Executive leadership, project partners, and contractors gathered on site to mark the completion of this 122-unit luxury condominium building, a defining symbol of the Seaport’s evolution.
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The Fallon Company celebrates the topping off of One Harbor Shore with Iron Workers Union Local No. 7 (photo credit Matt Stone)
Located along the Boston Harbor and the Harborwalk, One Harbor Shore is a 122-unit luxury condominium designed to complement the neighborhood’s premier residential offerings. The building targets LEED Gold certification, is 95% electric, and exceeds Boston’s latest energy codes by 30%, underscoring The Fallon Company’s commitment to sustainable, future-ready development.
This moment marks a major milestone in the City of Boston’s waterfront redevelopment, completing the final building at Fan Pier, a neighborhood that, over the last 16 years, has evolved from surface parking lots into a dynamic district known for innovation, culture, and community. With more than three million square feet of residential, commercial, and public space, Fan Pier has played a defining role in establishing the Seaport as one of Boston’s most iconic and activated neighborhoods.
“This milestone represents more than just construction progress. It’s the final chapter of a long-standing vision to redefine Boston’s waterfront,” said The Fallon Company Chairman Joseph Fallon. “Fan Pier has exceeded every expectation, and we’re proud of the community it’s become. Today is also about recognizing the incredible work of the construction teams and laborers who brought this vision to life, beam by beam. Their dedication and craftsmanship have been essential to every step of this journey.”
“Having been involved with Fan Pier from day one, it’s incredibly meaningful to see this final piece take shape,” said Richard Martini, Executive Managing Director of The Fallon Company. “This project was the result of decades of planning, public engagement, and perseverance, and the outcome is a neighborhood that’s now central to Boston’s identity. One Harbor Shore is a fitting capstone that set a new bar for urban mixed-use development.”
“As we close one transformative chapter in Boston, we’re already looking ahead to the next,” said Michael Fallon, CEO of The Fallon Company. “Fan Pier has been a national model for mixed-use, master-planned development, and with our role as Master Developer of the East Bank in Nashville, we’re continuing to set the standard for visionary urban planning. What we’ve accomplished here in Boston gives us a powerful foundation to shape the future of cities across the country.”
One Harbor Shore will feature:
- 122 luxury condominium residences
- Expansive waterfront terraces and panoramic views
- World-class amenities
- Elegant design and finishes tailored to modern urban living
Presales for One Harbor Shore have launched, with early interest from both local and international buyers. A select collection of waterfront residences will soon be available through the project’s sales team, TCC.
Designed by CBT Architects, One Harbor Shore reflects the firm’s commitment to timeless design and placemaking. The project is being constructed by Turner Construction, with a projected completion of August 2026.
About The Fallon Company
The Fallon Company is one of the nation’s leading commercial real estate developers, creating transformative, mixed-use environments that revitalize urban areas and serve as catalysts for community growth. They pride themselves on placemaking, with a commitment to building dynamic, inclusive spaces. For more information about The Fallon Company, visit www.falloncompany.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250522190137/en/
Contacts
Erin Evanoka, Elevate Communications, 646-456-9649, tfc@elevatecom.com
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