Real Estate News

The latest news about the residential real estate market in Boston and the surrounding areas

Demolition of Anthony’s Pier 4 Could Happen This Week

Perched along the waterfront at the edge of Pier 4, sits the empty building that once housed Anthony’s Pier 4 restaurant. This week Anthony’s Pier 4 restaurant could finally see demolition, according to The Boston Globe.

Tishman Speyer, a New York development company now owns the property and has plans to redevelop the area, incorporating it into the vastly expanding Seaport District. A 9-story luxury condominium with 100 units is set to go up in its place at Pier 4.

Surrounding that are plans for a one-acre park at the end of the pier where residents and locals can take advantage of strolls and evenings along the water’s edge. President of site developer Tishman Speyer, Rob Speyer, said, “We need to honor the site’s history by creating something that will be as relevant to the future as [Anthony’s] was to the past.”

Opened in 1963 by Anthony Athanas, an Albanian immigrant, Anthony’s Pier 4 was a staple of the Boston Waterfront. Celebrities like that of Elizabeth Taylor and Richard Burton, and even Julia Child dined at its white table-clothed tables. Celtics players, businessmen, politicians and United States presidents walked through its doors.

Plates of popovers, local seafood dishes and an extensive wine list, made Anthony’s Pier 4 a favorite among locals as well. Overlooking Boston’s harbor, Anthony’s Pier 4 restaurant hosted fundraisers, family dinners and business meetings with views of Boston’s harbor teeming with boats and vessels.

At one point in its storied past the restaurant was one of the most profitable restaurants in the nation, bringing in $12 million a year. Three years ago, Anthony’s Pier 4 shuttered its doors to patrons as the family focused on other businesses.

As the demolition of Anthony’s Pier 4 paves the way for new cityscapes, the surrounding Seaport District continues to evolve into a live, work and play neighborhood. Amid the new Pier 4 luxury residences will sit a 13-story, 373,0000-square-foot commercial building and two levels of parking to draw residents from all over Boston to the Seaport District, just as its restaurant predecessor had once done.

Twenty Two Liberty and Fifty Liberty are other luxury condominiums and apartments building up the Seaport District, near the site of GE’s new headquarters in Fort Point.

To find your next home at Pier 4 or in the Seaport District, email us at contact@advisorsliving.com.

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