International Place established a new center of gravity in the downtown by defining the city around it. After decades of planning, in the 1990s, Boston embarked on one of the largest public works projects in America – the construction of an underground highway system known as Boston’s Big Dig. This engineering feat not only modernized Boston’s highway infrastructure, but it also made it possible to reconnect the downtown to the historic waterfront through the introduction of a beautiful and popular linear park, the Rose Kennedy Greenway. The Greenway now served as a wonderfully vibrant greenspace and opened up opportunities to rethink the properties that abutted it; New hotels, residences, retail, and cultural attractions started to emerge in the immediate area.
As the financial district and surrounding neighborhood began to expand, One and Two International Place rose to become a beacon in the midst of it all. Standing at 46 stories and 35 stories in two towers, the city’s largest office complex became an instant landmark in one of the city’s most exciting and forward-thinking neighborhoods. At the same time, the Boston industry make-up was morphing from what had been nearly exclusively traditional legal, banking, and professional services; to one that also embraced other fast-growing industries like private equity, technology, and life sciences. Reconnecting the waterfront to downtown proper also catalyzed the emergence of the Seaport. It was during this era that PGIM Real Estate Investors joined the International Place team as a long-term champion of the project.