Financial District in Boston
The Financial District of Boston, Massachusetts, United States is located in the downtown area near Government Center and Chinatown.
Like many areas within Boston, the Financial District has no official definition. It is roughly bounded by Atlantic Avenue, State Street, and Devonshire Street. Parts of the Financial District are in various USPS postal ZIP Codes including 02108, 02109, 02110, and 02111.
The area includes Post Office Square, the Exchange Place and International Place complexes, and the landmark Custom House Tower (now a private condominium).
The Financial District also contains the headquarters of the mutual fund companies Fidelity Investments, Putnam Investments, and DWS Scudder Investments; the world headquarters for State Street Bank and Eastern Bank; accounting firms PricewaterhouseCoopers and RSM McGladrey; loan advisor The Debt Exchange; the law firms of Goodwin Procter, WilmerHale, Kirkpatrick & Lockhart Nicholson Graham, and Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo, PC; the local headquarters of Bank of America (formerly Fleet Bank) and Sovereign Bank; the Langham Hotel Boston and Hilton Hotel; and the local offices of Merrill Lynch and other brokerages.
Dewey Square, One Financial Center, and the plaza and towers housing the Federal Reserve Bank of Boston are located near South Station, adjacent to and just south of the area defined above. Also part of the Financial District are 33 Arch Street, One Federal Street, the First National Bank Building building, and 101 Federal Street. The area contains many of Boston's highrise buildings in a fairly densely packed area, significantly more than the Back Bay which contains Boston's two tallest highrises, the Prudential Center and the John Hancock Tower. Many of the Financial District's highrises range in heights upwards of 500 feet and most climb above 40 stories.
There area also numerous proposals and highrises under construction in the area. Russia Wharf is currently the tallest under construction, rising to 32 stories and 395 feet when completed. South Station Tower has been approved for the area above South Station and will rise to 41 stories and 621 feet.
Other proposals that would significantly change and enlarge the skyline of Boston inclue Trans National Place which would rise to 1,175 feet becoming one of the nation's tallests highrises. There have also been some other proposals such as the Congress Street Towers, and the Aquarium Garage Towers which woud both be upwards of 50 stories and at least 500 feet.
State Street Corporation has its headquarters in the One Lincoln Street building. Fish & Richardson has its headquarters in the State Street Bank Building in the Financial District. In 2009 Fish & Richardson agreed to lease space in One Marina Park in South Boston as its new headquarters and abandon its current headquarters. It will move beginning in the third quarter of 2010.