1550 MainFinal Project UpdateMay 12th, 2011

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1550 Main - Before

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1550 Main Plaza - Before

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1550 Main – May 12, 2011

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1550 Main – May 11, 2011

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1550 Main - Front Entrance – Before & After

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Design & Construction Elevator Modernization Before

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Design & Construction Elevator Modernization After

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Design and ConstructionRest Room Renovations - 1st Floor Public Hallway

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1st Floor Public Restroom Renovations, Before & After

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1550 Main - Atrium – Before & After

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1550 Main Atrium – Before

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1550 Main Atrium – As of May 2011

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1550 Main Atrium – As of May 2011

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Lobby/Atrium Before & After

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1st and 2nd Floor Lobbies Before/After Stair Removal

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Building Occupancy – 96% Leased

• Springfield School Department moved their headquarters to 1550 Main in June 2010 – 150+ employees now occupy 2nd and 3rd floors.

• Baystate Health completing its 5th floor build-out, 137 employees due to move in first week of June, 2011.

• GSA tenants have retained 75 employees on-site.

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Initial Impact of the 1550 Main Project• Former Asylum Night Club Building, 1592 Main St.

– Partial demolition underway.– New uses: Office space and event space/surface parking.

• Fuller Block Building, 1537 Main St.– Upper floors renovated and occupied by local engineering firm, The Dennis Group.– First floor to be renovated and used by WFCR, a local NPR radio station.

• Former School Department Headquarters, State St.– Developer designated to redevelop functionally obsolete building for housing.

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A Beacon on Main Street (Exterior as of 12/15/10)