Latest news with #OwenThomas
Globe and Mail
11 hours ago
- Business
- Globe and Mail
BXP Launches Vertical Construction of 343 Madison Avenue in Midtown Manhattan
BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the commencement of full vertical construction of 343 Madison Avenue, a 930,000 square foot premier workplace with direct access to Grand Central's Madison Concourse between 44 th and 45 th Street. Designed by Kohn Pedersen Fox, the 46-story tower will offer a hospitality-forward amenity program and market leading sustainability features. A dramatic double-height, client-exclusive club on the top floors will include spaces to dine, connect, and collaborate indoors and out, with striking terraces and expansive views overlooking Midtown. A robust food and beverage program including a lobby café and bicycle storage with cabanas and showers round out the amenity program. 'We are thrilled to move forward with vertical construction of 343 Madison,' said Owen Thomas, Chairman & CEO, BXP. 'At the best positioned office development site in New York, BXP will deliver a premier workplace that represents a strong and significant value creation opportunity for BXP's shareholders as well as a core long-term asset within our portfolio.' BXP has executed a letter of intent with a prestigious, investment grade financial institution to anchor 343 Madison Avenue and occupy 30% of the building, in the lower-middle section of the tower. This commitment marks another major milestone in the project's momentum, positioning 343 Madison as the unrivaled opportunity for premier businesses in the heart of Midtown. 'The unprecedented level of client interest and the strong commitment of our anchor client underscore 343 Madison's position as New York's next iconic address,' said Hilary Spann, Executive Vice President, NY Region, BXP. 'This project represents an unparalleled opportunity for premier companies to establish a world-class workplace in the heart of Midtown Manhattan. The demand for luxurious, sustainable, and thoughtfully designed workplaces is driving the next generation of development at BXP in New York and beyond.' The building will offer 40 premier workplace floors, ranging from 27,500 square feet in the podium to 21,500 square feet in the high-rise. Specialty floors including private terraces and elevated ceiling heights allow clients to design a multi-functional workplace that accommodates a variety of work styles and space needs. Sustainability is a key pillar of the property, with the building designed to be fully electric with zero on-site combustion and a high efficiency direct outside air system. Climate resiliency, decarbonization, and health & wellness are at the core of the building design. Target certifications include LEED Platinum, Well Core, Energy Star 85+, Fitwel, and WiredScore Platinum. About BXP BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of June 30, 2025, BXP's portfolio, including properties owned by unconsolidated joint ventures, totaled 53.7 million square feet and 186 properties, with ten properties under construction or redevelopment. For more information, visit or follow us on LinkedIn or Instagram. This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of the words 'future,' 'will,' 'would,' 'expects,' 'intends' and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond BXP's control. Should one or more of these known or unknown risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those expressed or implied by the forward-looking statements. These factors include, without limitation, BXP's ability to complete the development project within budget, on schedule or at all, the uncertainties of real estate development activity, BXP's ability to enter into a definitive lease agreement with the firm referenced above, BXP's ability to enter into other leases on favorable terms, on schedule, or at all, BXP's ability to obtain satisfactory certifications for the project, including LEED Platinum certification, and other risks and uncertainties detailed from time to time in BXP's filings with the SEC. BXP does not undertake a duty to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Business Wire
11 hours ago
- Business
- Business Wire
BXP Launches Vertical Construction of 343 Madison Avenue in Midtown Manhattan
NEW YORK--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the commencement of full vertical construction of 343 Madison Avenue, a 930,000 square foot premier workplace with direct access to Grand Central's Madison Concourse between 44 th and 45 th Street. Designed by Kohn Pedersen Fox, the 46-story tower will offer a hospitality-forward amenity program and market leading sustainability features. A dramatic double-height, client-exclusive club on the top floors will include spaces to dine, connect, and collaborate indoors and out, with striking terraces and expansive views overlooking Midtown. A robust food and beverage program including a lobby café and bicycle storage with cabanas and showers round out the amenity program. 'We are thrilled to move forward with vertical construction of 343 Madison,' said Owen Thomas, Chairman & CEO, BXP. 'At the best positioned office development site in New York, BXP will deliver a premier workplace that represents a strong and significant value creation opportunity for BXP's shareholders as well as a core long-term asset within our portfolio.' BXP has executed a letter of intent with a prestigious, investment grade financial institution to anchor 343 Madison Avenue and occupy 30% of the building, in the lower-middle section of the tower. This commitment marks another major milestone in the project's momentum, positioning 343 Madison as the unrivaled opportunity for premier businesses in the heart of Midtown. 'The unprecedented level of client interest and the strong commitment of our anchor client underscore 343 Madison's position as New York's next iconic address,' said Hilary Spann, Executive Vice President, NY Region, BXP. 'This project represents an unparalleled opportunity for premier companies to establish a world-class workplace in the heart of Midtown Manhattan. The demand for luxurious, sustainable, and thoughtfully designed workplaces is driving the next generation of development at BXP in New York and beyond.' The building will offer 40 premier workplace floors, ranging from 27,500 square feet in the podium to 21,500 square feet in the high-rise. Specialty floors including private terraces and elevated ceiling heights allow clients to design a multi-functional workplace that accommodates a variety of work styles and space needs. Sustainability is a key pillar of the property, with the building designed to be fully electric with zero on-site combustion and a high efficiency direct outside air system. Climate resiliency, decarbonization, and health & wellness are at the core of the building design. Target certifications include LEED Platinum, Well Core, Energy Star 85+, Fitwel, and WiredScore Platinum. About BXP BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of June 30, 2025, BXP's portfolio, including properties owned by unconsolidated joint ventures, totaled 53.7 million square feet and 186 properties, with ten properties under construction or redevelopment. For more information, visit or follow us on LinkedIn or Instagram. This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of the words 'future,' 'will,' 'would,' 'expects,' 'intends' and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond BXP's control. Should one or more of these known or unknown risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those expressed or implied by the forward-looking statements. These factors include, without limitation, BXP's ability to complete the development project within budget, on schedule or at all, the uncertainties of real estate development activity, BXP's ability to enter into a definitive lease agreement with the firm referenced above, BXP's ability to enter into other leases on favorable terms, on schedule, or at all, BXP's ability to obtain satisfactory certifications for the project, including LEED Platinum certification, and other risks and uncertainties detailed from time to time in BXP's filings with the SEC. BXP does not undertake a duty to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
South Wales Argus
21-06-2025
- Entertainment
- South Wales Argus
Newport play written and performed by homeless people
'The Visitor' was developed over 10 weeks as part of The Story Project, a two-year storytelling project funded by Arts Council Wales. This has developed as a collaborative effort between Welsh homelessness charity The Wallich, Owen Thomas, the Riverfront Theatre, Sherman Theatre, Grand Ambition in Swansea, Carmarthenshire Theatres, Theatr Clwyd, Aberystwyth Arts Centre, Awen Cultural Trust, and National Theatre Wales. The performance aimed to challenge stereotypes by showcasing talent and creativity, offering new perspectives on homelessness. The heart of the story lies in the journey of the Visitor, portrayed by Osian Lloyd, an emerging actor who is also a participant in the Story Project. The Visitor's adventure in Newport begins after his bus breaks down. Initially, he holds certain prejudices against the city, known for violence and antisocial behaviour. But The Professor, a character in the play, guides him on a time-travelling adventure, revealing vital moments of Newport's history. These included the 1830s uprising led by John Frost and the Chartists, the symbolism of the transporter bridge in the 1900s, the lively music scene of the 1980s, and finally, a glimpse into modern-day Newport. The narrative then becomes a moving testament to shared experiences and creativity. The play was presented as a script-in-hand performance by a group supported by The Wallich through the Gwent BOOST Project, with the assistance of other project participants. Despite a tight six-week schedule, the cast, under the guidance of Newport practitioner Naomi Norman and Owen Thomas, managed to integrate their personal experiences and connections to Newport into an engaging story. The performance concluded on a hopeful note, with the Visitor deciding to extend his stay in Newport, changing his previously negative impression of the town. The Story Project has been transformative, paving the way for new partnerships, friendships, talents, and even careers. People homeless from Cardiff, Swansea, Aberystwyth, Wrexham, Ammanford, and Llanelli have all participated in the initiative. The project aims to introduce or reintroduce the enchantment of theatre and the arts, encouraging people homeless to share their stories and develop new creative and technical skills.
Yahoo
29-05-2025
- Business
- Yahoo
BXP to Present at Nareit's 2025 REITweek Investor Conference
BOSTON, May 29, 2025--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that Owen Thomas – Chairman & CEO; Douglas Linde – President; and Michael LaBelle – Chief Financial Officer, will participate in and present at Nareit's 2025 REITweek Investor Conference, which will take place June 3-5, 2025 at the New York Hilton Midtown in New York City, New York. BXP's presentation is expected to begin at approximately 3:15 PM ET on Tuesday, June 3, 2025, and it will be moderated by John Kim, Managing Director, BMO Capital Markets. During the conference, BXP executives may discuss the current operating environment, trends and strategies; development, redevelopment and other investment activities; and other business and financial matters affecting BXP. A live webcast of this presentation can be accessed by clicking this link or by visiting the Investors section of BXP's website. Shortly after the presentation, a replay of the webcast will be available in the same location. About BXP BXP (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of March 31, 2025, including properties owned by unconsolidated joint ventures, BXP's portfolio totaled 53.4 million square feet and 185 properties, including nine properties under construction/redevelopment. For more information about BXP, please visit our website or follow us on LinkedIn or Instagram. View source version on Contacts At BXP Helen HanVice President, Investor Relationshhan@ 617.236.3429
Business Wire
29-05-2025
- Business
- Business Wire
BXP to Present at Nareit's 2025 REITweek Investor Conference
BOSTON--(BUSINESS WIRE)-- BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that Owen Thomas – Chairman & CEO; Douglas Linde – President; and Michael LaBelle – Chief Financial Officer, will participate in and present at Nareit's 2025 REITweek Investor Conference, which will take place June 3-5, 2025 at the New York Hilton Midtown in New York City, New York. BXP's presentation is expected to begin at approximately 3:15 PM ET on Tuesday, June 3, 2025, and it will be moderated by John Kim, Managing Director, BMO Capital Markets. During the conference, BXP executives may discuss the current operating environment, trends and strategies; development, redevelopment and other investment activities; and other business and financial matters affecting BXP. A live webcast of this presentation can be accessed by clicking this link or by visiting the Investors section of BXP's website. Shortly after the presentation, a replay of the webcast will be available in the same location. About BXP BXP (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of March 31, 2025, including properties owned by unconsolidated joint ventures, BXP's portfolio totaled 53.4 million square feet and 185 properties, including nine properties under construction/redevelopment. For more information about BXP, please visit our website or follow us on LinkedIn or Instagram.
