Owner of building across from South Station hopes to replace failed co-work space with, of course, life-sciences lab space

Oxford Properties, which owns the gathering crossed Atlantic Avenue from South Station wherever WeWork nary longer works, says it volition soon record plans to regenerate the co-working abstraction with abstraction aimed astatine attracting immoderate of those up-and-coming life-science companies that look to beryllium what's keeping Boston's commercialized developers afloat these days - and possibly adhd a ground-floor edifice to support those workers and adjacent Leather District residents good fed.

In a missive of intent filed with the BPDA, the institution says WeWorks defaulted connected its lease astatine 745 Atlantic Ave. earlier this year, leaving astir 75% of the gathering vacant - including the sort-of basement abstraction with the ample windows done which passersby utilized to beryllium capable to ticker WeWork customers agelong and get up for immoderate snacks and coffee.

In effect to that event, and successful an effort to revitalize and reoccupy the building, Oxford proposes to alteration the usage of astir 155,000 quadrate feet of the existing commercialized abstraction to let for its usage arsenic either beingness science/R&D, office, oregon some uses. We judge this approach, which provides Oxford the flexibility to accommodate a assortment of tenants according to aboriginal demand, volition bounds the duration and impacts of the vacancy and presumption the gathering for occurrence successful Boston’s rapidly evolving cognition economy

Oxford says 1 of its archetypal steps would beryllium to upgrade the building's halfway systems, specified arsenic mechanical, electrical and plumbing, to marque the gathering biotech-strong. It volition besides person astir 4,100 quadrate feet of ground-floor abstraction into country for a full-service edifice it vows volition go a "neighborhood amenity" for the surrounding Leather District.

745 Atlantic Ave. missive of intent.