Stream Realty Partners has started construction on 501 Congress Avenue, a five-story building with high-end office space that will replace the former Bank of America annex currently at the site.
Stream’s Lance Sallis is heading up the project, which will be built at a cost of more than $30 million at the northeast corner of Congress and Fifth Street, next to the 26-story Bank of America tower. The project is part of a tide of new development sweeping downtown east of Congress, where a number of hotels and apartment towers have opened, are under construction or are in the planning stages.
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