Financial District Retail Space - View Current Listings
This Boston neighborhood is located downtown close to Chinatown and the Government Center. It is home to some of Boston's tallest and largest buildings. While it is not an officially defined area, the borders are State Street, Atlantic Avenue and Devonshire Street. The Exchange Place, Dewey Square and Post Office Square are two notable landmarks. It is also home to the famous Fidelity Investments' headquarters. State Street Bank's world headquarters are located there, and Pricewaterhouse Cooper's accounting firm does business in this neighborhood. Several of Boston's most notable law firms have offices in the Financial District.
One glance around the Financial District would tell most people that the area is very modern, but the commercial development of this district actually started in the 1600s. During the early 1600s, Broad Street was the main artery connecting what is now the Financial District with the rest of the city. Due to its size, historic maps indicate that Broad Street was a major commerce hub. In the 1880s, maps show that the area now known as the Financial District had grown to be Boston's largest textile industry. At the time, many merchants also lived in the buildings where they set up their businesses. Owners of plant-based businesses and clothing stores were found almost exclusively in that area of the city during the later 1800s and early 1900s.
One of the most detrimental incidents to hit the district is the reason it looks modern today, and that reason is the Great Fire of 1872. Noted as one of America's most destructive fires in history, the expansive blaze destroyed the entire area of what is now the Financial District and other parts of the city. Rebuilding was a process that took many years, and some businesses were hurt badly enough that they never rebuilt or reopened their doors elsewhere. The fire was blamed partially on lenient regulations regarding fire safety, so the modern buildings in the district were built much better and are still maintained with up-to-code fire safety features. Although the residents and merchants who lost everything are also gone today, the people in the Financial District are aware of what happened in the 1870s and what a catastrophic loss the fire caused. Businesses and property owners in the area take the task of preserving the Financial District and preventing catastrophes very seriously today.
With an aquarium, the Boston Harbor and several famous parks along its border, the Financial District sees its share of tourists. Most businesses in the area are office-based companies offering various professional services, but there are also restaurants, large retail companies and warehouses. While many neighborhoods in Boston welcome mostly independent and small businesses, this area is a good choice for people wanting to open a chain store or hoping to start a larger business. It is also ideal for companies looking for a more optimal office space or a larger retail space for relocation. Some buildings are available for purchase, but many of the larger buildings offer retail space or commercial real estate for lease. When looking for commercial real estate to lease or buy in the Financial District, it is important to work with an experienced professional. Boston City Properties provides updated information and the help of attentive professionals.