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Boston Globe

Final piece of Fan Pier put in place with luxury condo tower topping-off

Advertisement On Friday, Fallon and colleagues joined the Iron Workers Local 7 and general contractor Turner Construction to help put the final piece of Fan Pier into place in a topping-off ceremony. They raised a steel girder to the top of the 14-story frame of what will be a 122-unit luxury condo project, dubbed 'One Harbor Shore.' It's one of the few active construction sites with crane activity in Boston right now, amid the construction sector's doldrums. (Bank OZK provided financing last year, and MassMutual is Fallon's equity partner.) The Fallon Co. celebrated a topping-off ceremony of its 122-condo project at Fan Pier on May 23. The Fallon Co When it opens in mid-2026, the building, designed by CBT Architects, will be notable for another reason: It will be among the first major privately developed structures in the city to rely almost entirely on electric heat. (Gas-fired boilers will kick in for heat only when the temps get close to or below zero degrees Fahrenheit.) The developer says the building will easily exceed the city's new stringent energy codes. Advertisement For Fallon and his firm, the building also represents the final chapter in the Fan Pier development saga. The Fallon Company is now putting most of its attention outside of its home city for growth, such as with a sprawling After a few starts and stops, Fallon says it's satisfying to see the end in sight. Fan Pier now includes the two Vertex towers, the One Marina Park Drive tower where his company is located, as well as office buildings for MassMutual and Goodwin. Plus: more than 200 luxury waterfront condos at 22 and 50 Liberty — and now The Collaborative Companies will start marketing the units at One Harbor Shore in the coming weeks. People who haven't been to this part of Boston recently tell Fallon they can't believe the amount of change that's taken place. And it all began with that fortuitous balloon ride. 'We're proud of what we have, and we're proud of what it did for the city,' Fallon said. 'This site really became the catalyst for the whole Seaport.' Jon Chesto can be reached at