Three's a Crowd: Seawall Lot Proposals Move to Final Round

As predicted, the Port Commission has chosen to advance all three finalists to the last round of competition for the Seawall Lot 337 commission. Boston Properties Inc., Farallon Capital Management LLC and Cherokee Investment Partners LP are contending with one another for the commission— Boston Properties Inc. is currently the lead choice, having submitted a proposal that calls for 400,000 square feet of offices, 1,100 apartments, 67,000 square feet of retail space, artists' studio space and five acres of open space. Expect a final decision in August.