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

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; accounting firms Wolf & Company, P.C., RSM McGladrey, and BDO USA, LLP; loan advisor The Debt Exchange; 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, 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; 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, One Financial Center, 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, 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, Exchange Place, 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 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.

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