The Financial District of

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

is located in

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

, near Government Center and

Chinatown Chinatown ( zh, t=唐人街) is the catch-all name for an ethnic enclave of Chinese people located outside Greater China, most often in an urban setting. Areas known as "Chinatown" exist throughout the world, including Europe, Asia, Africa, O ...

. 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 simply the Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal serv ...

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 tied with ...

complexes, and the landmark Custom House Tower (now an 87-room Marriott Vacation Club), and borders

Quincy Market Quincy Market is a historic building next to Faneuil Hall in Downtown Boston, Massachusetts, United States. It was constructed between 1824 and 1826 and named in honor of mayor Josiah Quincy III, Josiah Quincy, who organized its construction wi ...

Faneuil Hall Faneuil Hall ( or ; previously ) is a marketplace and meeting hall near the waterfront and Government Center, Boston, Massachusetts, Government Center, in Boston, Massachusetts, United States. Opened in 1742, it was the site of several speeches ...

, and the Old State House.

Key companies

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

Fidelity Investments Fidelity Investments, formerly known as Fidelity Management & Research (FMR), owned by FMR LLC and headquartered in Boston, Massachusetts, provides financial services. Established in 1946, the company is one of the largest asset managers in the ...

Putnam Investments Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. Headquartered in Boston, Massachusetts, it has offices in London, To ...

, and DWS Scudder Investments; the world headquarters for State Street Bank and

Eastern Bank Eastern Bank is a bank based in Boston, Massachusetts. Before Demutualization, de-mutualizing in 2020, it was the oldest and largest Mutual savings bank, mutual bank in the United States and the largest community bank in Massachusetts. With 95 b ...

; 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. RSM US has been ranked as the 7th most prestigious accounting firm ...

, and

BDO USA, LLP BDO USA, P.C. is the United States member firm of BDO International, the 5th largest global accounting network with over $12.8 billion in revenue. It is the 6th largest accounting and professional services firm in the United States by revenue. In ...

; 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 began ...

; 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 2015, when several hundred of its partners and associate lawyers left the firm to join Phi ...

Goodwin Procter Goodwin Procter LLP is an American multinational 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, ...

, WilmerHale, Kirkpatrick & Lockhart Nicholson Graham, and Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo, PC; the local headquarters of

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

(formerly Fleet Bank) and

Santander Bank Santander Bank, N. A. () is an American bank operating as a wholly-owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates abou ...

; the Langham Hotel Boston and Hilton Hotel; and the local offices of

Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated, doing business as Merrill, and previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investm ...

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 und ...

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 11th-tallest building, standing tall, and housing 46 floors. An unusu ...

, and the plaza and towers housing the

Federal Reserve Bank of Boston The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers New England: Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and all of Connecticut excep ...

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 I ...

, 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,

100 Summer Street 100 Summer Street is a high-rise building located in downtown Boston, Massachusetts. The building stands at with 32 floors, over 1.03 million square feet (over 92,000 m2) of office space, and was completed in 1974. It is ranked 31st 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 ...

. 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 Neighborhoods in Boston, neighborhood of Boston, Massachusetts, built on Land reclamation, reclaimed land in the Charles River basin. Construction began in 1859, as the demand for luxury housing exceeded the ...

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 Interna ...

and

200 Clarendon Street The John Hancock Tower, colloquially known as the Hancock, is a 60-story, skyscraper in the Back Bay neighborhood of downtown Boston, Massachusetts. The pinnacle height (including antennas) is . Designed by Henry N. Cobb of the firm I. M. ...

Recent development

There has been some recent development and construction in the area. Russia Wharf was completed in 2011 along the Fort Channel and rises up to 395 feet and 32 stories. Construction of South Station Tower 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 the coronavirus SARS-CoV-2. In January 2020, the disease spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 can vary but often include fever ...

. Upon its 2024 completion, the tower will rise to 677 feet and 51 stories. One Franklin Street has recently reworked by developers and construction commenced. Millennium Tower was completed in 2016 and stands 684 feet, the fifth tallest in the city.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