Construction Starts on Cross Point

| August 25, 2014 | 0 Comments

Perkins + Will, Architect –  Chapman GC

2014-06-20_CPT Pitch Book Folder_Links_d24x36Lowell, MA – Anchor Line Partners and Farallon Capital Management, L.L.C. have acquired and started construction on Cross Point on the Route 3 corridor in Lowell,  a complex of three tower buildings offering more than 1.2 million sf of combined office, retail and shared amenity space, as well as approximately 4,000 parking spaces.

The architect for the project is Perkins + Will, and the general contractor is Chapman Construction.

Newly formed Anchor Line, led by Andrew Maher and Brian Chaisson, along with their strategic partner, former Tishman Speyer senior managing director Casey Wold, plans to transform the property for the next generation workplace, with the addition of multi-purpose campus-style features.

Anchor Line’s capital partner is Farallon Capital Management, L.L.C., a San Francisco-based asset management firm.

2014-06-20_CPT Pitch Book Folder_Links_J2“We envision a 21st century village where collaboration and creativity thrive in a large but accessible environment,” says Andrew Maher, founder and managing director of Anchor Line Partners. “Cross Point will offer the features and benefits of a single-tenant campus with the value of a multi-tenant building at the most competitive prices in the marketplace.”

Cross Point will feature all inclusive amenities such as innovative meeting spaces, a new fitness center with yoga studio and an open recreational space for activities including a golf simulator, a renovated cafeteria, a planned full-service restaurant, bike storage and brand new on-site day care.

Designed to meet the needs of 21st century tenants, especially in the technology sector, the revitalized CrossPoint offers flexible floor plans  for both headquarter and growing companies alike, offering an extraordinary range of layouts and customized design ranging from 3,000 to 350,000sf making it the largest block of space in the suburban area.

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Category: All, Corporate

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