Waltham, MA J. Calnan & Associates (JC&A), Anchor Line Partners, LLC and Northwood Investors, LLC have hit a construction milestone for 245 Fifth Ave. The team celebrated the topping off of the six story 262,000 s/f ground up construction of their spec lab project.
245 Fifth Ave. is a spec build amidst a booming life sciences and biotech hub. The building offers an 18,000 s/f amenity center, featuring a fitness center, co-working lounges, game rooms, food truck hall, and outdoor flex space.
Anchor Line owns and operates six Fifth Ave./Totton Pond Rd. buildings on the CityPoint Campus. Each have undergone a renovation, including lobbies and amenity spaces. New features such as a garden walls, floor-to-ceiling LED walls, flexible furniture, and charging tables make these buildings more accessible and welcoming to tenants. Across the street, the 8,000 s/f Craft Food Hall Project at 200 Fifth Ave. is an amenity for the entire campus, featuring dining options, gaming, as well as craft beers.
“Waltham continues to be an attractive market for growing and mature life sciences companies. It is our mission to provide these companies the environments they need to continue to make progress in their fields,” said Peter Dominksi, director of leasing at Anchor Line Partners. “We are thrilled to celebrate this significant milestone with our partners.”
Located at the top of CityPoint on the east side of Rte. 128/I-95, the site offers access to I-90 & Rte. 2. The city has put a number of resources in place to attract life sciences and biotech companies to the area. This investment shows the continued strength of the market in this area.
Construction management firm JC&A is the general contractor on this development.