The Financial District of

Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...

is located in

Downtown Boston Downtown Boston is the central business district of Boston, Massachusetts, United States. The city of Boston was founded in 1630. The largest of the city's commercial districts, Downtown is the location of many corporate or regional headquarters; ...

, 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 The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the ...

postal ZIP Codes, including 02108, 02109, 02110, and 02111.

Landmarks

The area includes Post Office Square, the Exchange Place and

International Place One International Place is a Postmodern skyscraper in the Financial District of Boston, Massachusetts. Built in 1987, and designed by Johnson/Burgee Architects – whose principals are Philip Johnson and John Burgee – it is Boston's ...

complexes, and the landmark

Custom House Tower The Custom House Tower is a skyscraper in McKinley Square, in the Financial District neighborhood of Boston, Massachusetts. The original building was constructed in 1837–47 and was designed by Ammi Burnham Young in the Greek Revival style. T ...

(now an 87-room Marriott Vacation Club), and borders

Quincy Market Quincy Market is a historic building near Faneuil Hall in downtown Boston, Massachusetts. It was constructed between 1824 and 1826 and named in honor of mayor Josiah Quincy, who organized its construction without any tax or debt. The market is ...

Faneuil Hall Faneuil Hall ( or ; previously ) is a marketplace and meeting hall located near the waterfront and today's Government Center, in Boston, Massachusetts. Opened in 1742, it was the site of several speeches by Samuel Adams, James Otis, and others ...

, and the Old State House.

Key companies

The Financial District also contains the headquarters of the mutual fund companies

Fidelity Investments Fidelity Investments, commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is o ...

Putnam Investments Putnam Investments is a privately owned investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. As one of the oldest mutual fund complexes in the Unite ...

, and DWS Scudder Investments; the world headquarters for

State Street Bank State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the list of oldest banks in continuous operation, second-oldest continually opera ...

and

Eastern Bank Eastern Bank is a bank based in Boston, Massachusetts. Before de-mutualizing in 2020, it was the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts. With 95 branches, Eastern had a 3.2% market sh ...

; accounting firms Wolf & Company, P.C.,

RSM McGladrey RSM US LLP is an audit, tax, and consulting firm focused on the middle market in the United States and Canada and is a member of the global accounting network RSM International. It is the fifth largest accounting firm in the United States and emp ...

, and

BDO USA, LLP BDO USA, LLP is the United States member firm of BDO International, a global accounting network. The company is headquartered in Chicago. The firm adopted its current moniker in 1973, each letter corresponding to a surname of an original founde ...

; loan advisor

The Debt Exchange The Debt Exchange, Inc. (also known as DebtX), is an American specialty finance company. It is one of the world's largest loan sale advisers for the sale of commercial, consumer and specialty finance debt. History Founded in 2000, DebtX bega ...

; the law firms of

Bingham McCutchen Bingham McCutchen LLP was a global law firm with approximately 850 attorneys in nine US offices and five international offices. It ceased operations in late 2014, when several hundred of its partners and associate lawyers left the firm to join Phi ...

Goodwin Procter Goodwin Procter LLP is a global law firm. It is one of the largest law firms in the world as measured by revenue and consists of more than 1,800 lawyers across offices in Boston, Cambridge, Frankfurt, Munich, Hong Kong, London, Los Angeles, Luxemb ...

WilmerHale Wilmer Cutler Pickering Hale and Dorr LLP, also known as Hale & Dorr and WilmerHale, is an international law firm with offices in the United States, Europe and Asia. It is co-headquartered in Washington, D.C. and Boston. It was formed in 2004 thr ...

, Kirkpatrick & Lockhart Nicholson Graham, and

Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo, PC Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. (commonly referred to as "Mintz Levin" or simply "Mintz") is a general practice, full service law firm employing approximately 550 attorneys worldwide. Its headquarters are located at One Financ ...

; the local headquarters of

Bank of America The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank ...

(formerly

Fleet Bank FleetBoston Financial was a Boston, Massachusetts-based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. In 2004 it merged with Bank of America; all of its banks and branches were converted to Bank of America. Histor ...

) and Santander Bank; the

Langham Hotel Boston Langham Hotel Boston is a luxury hotel in a historic building located at 250 Franklin Street in the financial district of Boston, Massachusetts. Constructed in 1922, with a 1953 addition, the architecturally significant structure was the first Fed ...

and Hilton Hotel; and the local offices of Merrill Lynch and other brokerages.

Notable buildings

Dewey Square Dewey Square is a square in downtown Boston, Massachusetts which lies at the intersection of Atlantic Avenue, Summer Street, Federal Street, Purchase Street and the John F. Kennedy Surface Road, with the Central Artery (I-93) passing underne ...

One Financial Center One Financial Center is a modern skyscraper adjacent to Dewey Square in the Financial District of Boston, Massachusetts. Built in 1983 by Rose Associates, it is Boston's 9th-tallest building, standing tall, and housing 46 floors. An unusual ...

, and the plaza and towers housing the Federal Reserve Bank of Boston are located near

South Station South Station, officially The Governor Michael S. Dukakis Transportation Center at South Station, is the largest railroad station and intercity bus terminal in Greater Boston and New England's second-largest transportation center after Logan In ...

, adjacent to and just south of the area defined above. Also part of the Financial District are 33 Arch Street,

One Federal Street One Federal Street is a skyscraper in the Financial District neighborhood of Boston, Massachusetts. Completed in 1975, it is Boston's 13th-tallest building, standing 520 feet (159 m) tall, and housing 38 floors. It is very close to the Rose F. ...

, the First National Bank Building,

100 Summer Street 100 Summer Street is a high-rise building located in downtown Boston, Massachusetts. The building stands at with 33 floors, over 1.03 million square feet (over 92,000 m2) of office space, and was completed in 1974. It is ranked 24th on the ...

, Exchange Place, and

101 Federal Street 101 Federal Street is a skyscraper on Federal Street in the Financial District neighborhood of Boston, Massachusetts. Completed in 1988, the 116 meter (381 ft) building was designed by Kohn Pedersen Fox Associates PC. The building is also k ...

. The area contains many of Boston's highrise buildings in a fairly densely packed area, significantly more than the

Back Bay Back Bay is an officially recognized neighborhood of Boston, Massachusetts, built on reclaimed land in the Charles River basin. Construction began in 1859, as the demand for luxury housing exceeded the availability in the city at the time, and t ...

which contains Boston's two tallest highrises, the

Prudential Tower The Prudential Tower, also known as the Prudential Building or, colloquially, The Pru,subscription required'The Pru' everyone calls it: a resigned shrug of a name, as flat and uninflected as the wan moue its pronunciation requires." is an Inter ...

and

200 Clarendon Street 200 Clarendon Street, previously John Hancock Tower and colloquially known as The Hancock, is a 60-story, skyscraper in the Back Bay neighborhood of Boston. It is the tallest building in New England. The tower was designed by Henry N. Cobb of ...

Recent development

There has been some recent development and construction in the area.

Russia Wharf Russia Wharf is a completed high-rise building in downtown Boston, Massachusetts. The building rises and contains 32 floors. Construction began in 2006 and was finished in early 2011; as such, the structure is one of the most recently completed ...

was completed in 2011 along the Fort Channel and rises up to 395 feet and 32 stories. Construction of

South Station Tower South Station Tower is a skyscraper under construction in Boston, Massachusetts, the high-rise portion of a three-building development. Construction on Phase 1 of the project, a 51-story, 678-foot tower with offices and condominiums, started in Ja ...

was scheduled to begin in 2009 but was put on hold until the Spring of 2020, moving forward despite the presence of

COVID-19 Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was identified in Wuhan, China, in December 2019. The disease quickly ...

. Upon its 2024 completion, the tower will rise to 677 feet and 51 stories. One Franklin Street has recently been reworked by developers and construction on a 600 ft tower will begin in the near future.Wayback Machine
/ref> Other towers in the area such as the Aquarium Garage Development and the Congress Street Towers if approved could significantly change the Boston Skyline as well. Old State House in Boston

References

External links

* {{BostonMA Neighborhoods in Boston

Economy of Boston