Companies Continue To Migrate To SB Waterfront District

SB WaterfrontThis week, the Boston Business Journal’s Thomas Grillo and Susan Castellanos reported that from start-ups to American trademarks, companies have been flocking to South Boston’s Waterfront District.

Gunderson Dettmer, a business law firm specializing in early stage companies and venture capital firms, inked a ten-year lease to take up 27,000-square-foot of space at One Marina Park Drive in South Boston’s Waterfront district. With the new lease, the BBJ reports that the building is roughly 75% occupied. Gunderson Dettmer will take the ninth floor of the building this coming September. The 18-story building is located on Boston’s Fan Pier site.  The site boasts one of the most dynamic mixed-use developments around and has the potential to run 21 acres.

Another company, WeWork, which provides common office space to startups, will open up shop on February 1, on Melcher Street. Their Waterfront district location will feature amenities such as “high-speed Wi-Fi, sports bar, free beer and lounges,” according to the company website. While the concept of WeWork is cutting edge, it’s not their first location. WeWork also has office operations in the following cities: Seattle, San Francisco, Los Angeles, Washington, D.C., Chicago and New York City. The company spokesperson told the BBJ that with their company motto, “collide and collaborate”, their goal is to “provide elegant and well-appointed workspaces in close proximity, with daily networking events, meet-ups, and regular office hours with influencers and venture capitalists designed to encourage both shared purpose and the benefits of unexpected discovery.”