Integrated Builders has completed phase-two construction at Calare Properties and Hackman Capital’s 700,000-square-foot Riverview Technology Park in Billerica, MA. The companies completed phase one of the multi-million dollar redevelopment earlier this year, which focused on the park’s 560,000-square-foot building at 495 Woburn Street. The renovation completely transformed the building’s façade and added a contemporary new lobby and 400-car parking lot. Other improvements included a new park entrance and roads, landscaping and signage, plus significant upgrades to the site’s infrastructure, including water retention, drainage and irrigation systems.
Integrated Builders was selected as the general contractor for both phases of the Riverview project because of the firm’s extensive construction experience with office, manufacturing and biotech facilities. For example Integrated Builders worked with Calare Properties and Hackman Capital on another project retrofitting high-tech manufacturing space at the former Evergreen Solar plant in Devens, MA.
“We are proud that we’ve been able to collaborate with Calare Properties and Hackman Capital on such top-tier projects,” commented Jay Dacey, President of Integrated Builders. “Most recently, our work together at 112 Barnum Road in Devens, MA led to the project receiving the Boston Business Journal’s Deal of the Year Award, and Riverview Technology Park is on target to be an equally impressive project.”
Phase II of the redevelopment heightened the appeal. Integrated Builders completed demolition of interior offices and demolished walls to open up the space by installing 90 punched windows and saw-tooth skylights to fill the building with natural light. Integrated Builders also constructed a brand new façade at the building’s west entrance and added additional outdoor seating. Improvements will continue once the building begins to lease—including the addition of a fitness center, a new, full-service cafeteria and common-area corridor.
Ideal for creative offices, research and development or light manufacturing, 495 Woburn Street is strategically located less than 30 minutes from Boston and will offer users the same first-class, high-tech amenities found in costlier facilities in Cambridge and Waltham. With close proximity to major highways and nearby commuter rail, the park also will provide access to the area’s highly educated workforce.
“With first-class features and robust amenities, 495 Woburn Street will attract state-of-the-art companies whose economic presence continues to drive job growth along the I-495 corridor,” said Steven Brooks, Senior Vice President of Asset Management in Hackman Capital’s Boston office.
Also published in the New England Real Estate Journal, Bisnow: The Deal Sheet, High-Profile, and Citybizlist Boston.