Healthcare information technology behemoth athenahealth’s move into the iconic Seaholm Power Plant today marked the culmination of more than 30 years of efforts to save the historic structure – and a new major employer sure to shape the future of downtown
About a year ago, Watertown, Mass.-based athena (Nasdaq: ATHN) made headlines when it received an incentive package and agreed to bring 600 jobs over the next 10 years to the power plant. Athena has said the jobs will pay an average annual wage of $132,085.
C&W|Oxford’s Brian Butterfield represented athena in its 10-year lease of 112,000 square feet, comprising of all the office space in the plant. In its search for space, company officials looked at more than 20 sites.
“Seaholm stood out as an iconic building with a strong history in the city that also embodies, in its redevelopment concept, the best intentions of a ‘work/live/play’ lifestyle that speaks to our employees,” Jillian Palash, an athena spokeswoman told the Austin American-Statesman. “We look for buildings that physically manifest the industry and energy we believe fuels our mission to change the fundamental way that health care is delivered.”
Click here for feature pieces by a number of local media outlets about the historic milestone for the company and redevelopment: