The Fallon Company is a privately held commercial real estate owner and developer headquartered in Boston, Massachusetts. Founded by Joseph F. Fallon in 1993, The Fallon Company has developed over $6 billion in real estate, representing more than six million square feet of property. The company is recognized as a leader in mixed-use urban development and one of the most active private developers on the East Coast. The company focuses on large-scale urban design geared toward transforming neighborhoods into cohesive, community-driven environments. With offices in Boston, Charlotte, Raleigh, and Nashville, The Fallon Company has the capacity and resources to undertake projects throughout the United States. [1]
Projects edit
- Boston, MA
As of July 2020[update], the Fallon Company is developing Boston's Fan Pier, as part of the South Boston waterfront redevelopment.[2] Fan Pier is a 21-acre, nine city block site which consisted largely of underutilized parking lots when the Fallon Company purchased it for $115 million in 2005.[3] Today, it is a neighborhood comprising four commercial towers: One Marina Park Drive, 11 Fan Pier Boulevard, 50 Northern Avenue, and 100 Northern Avenue; and two luxury condominium towers: Twenty Two Liberty and Fifty Liberty.[4][5] Two more high-rise towers are planned. When complete in 2020, the $4 billion Fan Pier project will encompass three million square feet of commercial and residential real estate, public, civic and cultural space, including two parks and a 6-acre marina.
- Charlotte, NC
In 2016, The Fallon Company established its Southeast headquarters in Charlotte, North Carolina. Shortly thereafter, Horizon Development Properties selected The Fallon Company as master developer to redevelop the 16.2-acre Strawn Cottages site in the Dilworth neighborhood of Charlotte.[6] The Fallon Company is leading the $330 million mixed-use and mixed-income project known as Centre South, a property bounded by South Boulevard, Templeton Avenue and Euclid Avenue. When built out, the redevelopment will feature a 1.6-acre expansive green space, 975 mixed-income residential units, 36,000 square feet of retail, a 405,000-square-foot office building and a 180-room hotel.[7]
- Raleigh, NC
In April 2018, The Fallon Company acquired an assemblage of parcels in the heart of downtown Raleigh, North Carolina. The project, named Raleigh Crossing, is located at the intersection of Raleigh’s downtown districts.[8]
Delivered in 2022, the first phase of the development, 301 Hillsborough is a high-end office building. The tower features 280,000 square feet of office space, an amenity level, wide pedestrian-friendly sidewalks, retail, and a double-height lobby. When completed, Raleigh Crossing will include 18,000 square feet of retail and over 250 residential units, in addition to the office tower.[9]
References edit
- ^ "The Fallon Co. taps Michael Fallon as president". Boston Business Journal. Retrieved 23 Jul 2020.
- ^ Cortese, Amy (October 7, 2007). "From Empty Lots to Bustling Waterfront". The New York Times.
- ^ C. Palmer, Jr., Thomas (December 18, 2005). "The Dreamer". The Boston Globe Magazine. No. “Bostonian of the Year”.
- ^ Chesto, Jon (June 9, 2015). "With unusual sales plan, Fan Pier luxury units sell out". The Boston Globe.
- ^ Baskin, Kara (July 2015). "Views Included". Boston Magazine.
- ^ "Fallon Co. to redevelop 16.7 acre Strawn Cottages Dilworth site". North Carolina Construction News. 2 November 2016. Retrieved 23 July 2020.
- ^ "A big mixed-use, mixed-income development is coming to Dilworth". The Charlotte Observer. 18 October 2016. Retrieved 23 July 2020.
- ^ "Here's how the next high-rise in downtown Raleigh could change the city's skyline". The News & Observer. 20 February 2019. Retrieved 23 July 2020.
- ^ "The Fallon Company Breaks Ground on Raleigh Tower". 10 September 2019. Retrieved 23 July 2020.