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Hilco Redevelopment Partners Reimagines South Boston Power Plant
776 Summer Street, a 15.2-acre site in Boston, Massachusetts, was home to L Street Station, a former coal-fired power plant that provided power to the City of Boston from 1898 until its decommissioning in 2006. Closed off from the surrounding neighborhood for well over a century, this waterfront site has a rich history of entrepreneurship and was once owned and operated by the Boston Edison Company, who were on the forefront of major electrical innovations at a time when the world was first becoming electrified.
In 2016, Hilco Redevelopment Partners (HRP) acquired the site and immediately commenced above-grade remediation of certain structures. Shortly thereafter, HRP began working with the South Boston community, City officials, neighborhood representatives and other stakeholders to formulate a redevelopment plan responsive to both community feedback and market expectations. In January 2021, the Board of the Boston Planning and Development Agency unanimously approved the project’s master plan for a 1.68 million square foot mixed-use redevelopment which includes 860,000 SF of life science and office space, 636 residential units, a 240-key hotel and 95,000 SF of retail and cultural space, in addition to 5.7 acres of new outdoor public open space, including an approximately 2.5-acre waterfront park.
Updates and Site Activity
Stay informed on upcoming and current site activity, community updates and engagement.
Statement From Suffolk on 776 Summer Street
Roberto Perez Chief Executive Officer
Andrew Chused Head of Investments
Benjamin Spera Chief Operating Officer
Melissa Schrock Executive Vice President, Mixed-Use Development
George Needs Senior Vice President, Mixed-Use Development
John Newhall Senior Vice President, Mixed-Use Construction
Megha Vadula Vice President, Mixed-Use Development
Arreen Andrew Vice President, Corporate Affairs
John Flaherty Director, Mixed-Use Development
Kernst Pierre-Louis Director, Mixed-Use Development
L Street Station News
Hilco Redevelopment Partners and Redgate Capital Partners receive approval to redevelop the Edison Power Plant in South Boston
South Boston, MA Hilco Redevelopment Partners and Redgate Capital Partners, the real estate development partnership behind the redevelopment of L Street Station received approval from the Boston Planning and Development Agency
L Street Station Approved
The Boston Planning and Development Agency (the BPDA) granted approval for a mixed-use redevelopment of the original Edison Power Plant site. Everyone now residing in South Boston is familiar with the power plant’s massive structure and stacks, which tower over the intersection of L/Summer and First Streets
Redevelopment of South Boston Edison Power Plant Wins BPDA Approval
BOSTON – Hilco Redevelopment Partners and Redgate Capital Partners, the real estate development partnership behind the redevelopment of L Street Station, has received approval from the Boston Planning and Development Agency
Major Redevelopment Of South Boston Power Plant Approved
The Boston Planning and Development Agency approved a massive 1.68M SF development at the site of the long-dormant Edison Power Plant in South Boston.
Hilco Helps Donates Thousands of New Winter Coats and Cold Weather Apparel in "Hilco Helps Warm the Winter" National Philanthropy Initiative
Hilco Helps launches Warm the Winter Initiative with Coat and Winter Accessory donations
Hilco Redevelopment Partners hires Needs as vice president – mixed use development
Boston, MA Hilco Redevelopment Partners (HRP), the real estate development unit of Hilco Global that remediates and redevelops complex and obsolete industrial properties, has hired George Needs to the position of vice president – mixed use development.
Hilco Redevelopment Partners Names Melissa Schrock to New Roles as Senior Vice President - Mixed-Use Development
Hilco Redevelopment Partners (HRP), the real estate development unit of Hilco Global that remediates and redevelops complex and obsolete industrial properties, announced today it has appointed Melissa Schrock to the newly-created position of Senior Vice President – Mixed-Use Development.
Turning a Dead Coal Plant Into a Hip Waterfront Experience
The L Street Power Station provided Boston with electricity for more than a century, burning coal and belching fumes into the sky. Mostly mothballed in 2007, it may soon be reborn in a much different form.
Hilco Redevelopment Partners And Exelon Complete Sale Of New Boston Generating Station
The below Press Release was sent out by Hilco Redevelopment Partners announcing the acquisition of a South Boston Power
Developers Agree to Buy South Boston Power Plant Site
Hilco Global announced a deal to acquire a South Boston power plant at the end of June Hilco Global and Redgate Real Estate