The BRA board has approved the tentative designation of the American Seafood Exchange (ASE) project for the redevelopment of the Marine Industrial Park’s in Boston.
The new seafood processing and distribution centre will re-establish the city as a fully-operational, working seafood processing port and position it for growth in the 21st century. The ASE will revolutionise the way seafood is processed, bringing it from the ocean to consumers in record time through the use of a new state-of-the-art facility comprised of a public display auction, cold storage/fresh transfer house and public packing house. This new development integrates the latest industry technology, facilities and equipment with green building technology and a sustainable design aimed at meeting LEED certification.
The new building will further transform South Boston into a vibrant port that incorporates industry best practices under one roof, providing a state of the art infrastructure to ensure that Boston supports and expands the seafood industry. The project will also include a public viewing station along the scenic harbour walk, allowing the public to experience the exciting, working water front.
The total project cost is estimated at $68.9 million, with $20.7 million in private equity funding. The project is expected to create more than 300 union construction jobs and support up to 1,500 permanent jobs.
The Boston Marine Industrial Park (BMIP) is a 191-acre industrial park located on the southeastern edge of the South Boston port-area.
