The financial district of Boston, Massachusetts, is located in the downtown area, near Government Center and Chinatown. Local residents and long-term Boston residents include many neighborhoods within the downtown region as well as much of the financial district. In Boston, this seems to be par for the course.
Like most areas within Boston, the district has no official definitive borders and boundaries. It is roughly bounded by Atlantic Avenue, State Street and Devonshire Street. Parts of the district are in different postal USPS ZIP Codes including 02108, 02109, 02110, and 02111. T subway station at Atlantic Avenue and State Street is officially designated the Aquarium, Financial, or Downtown District.
The area includes Post Office Square, the international exchange complex, Plaza Place, and the historic Custom House Tower which is now a private condominium.
The district also contains the headquarters of the mutual fund companies Fidelity Investments, Putnam Investments and DWS Scudder Investments, the global headquarters of State Street Bank, Boston Stock Exchange, the accounting firm RSM McGladrey, Judge swap loan debt, the law firms of Goodwin Procter, WilmerHale, Kirkpatrick & Lockhart Nicholson Graham, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC; the local headquarters of Bank of America (formerly Fleet Bank) and Sovereign Bank, Langham Boston Hotel and the Hilton Hotel, and local offices of Merrill Lynch and other firms.
Dewey Square at One Financial Center, and the Square Towers housing the Federal Reserve Bank of Boston is located near South Station, adjacent and south of the area defined above. Also, part of the financial district is 33 Arch Street with a Federal, the First National Bank of Building Construction, and also 101 Federal Street. The area contains many of the skyscrapers of Boston in a rather dense, much more than the Back Bay, which contains two tallest skyscrapers in Boston, Prudential Center and John Hancock Tower. Many of the skyscrapers of the financial district range up in the heights of 500 feet and most rise above 40 stories high.
There are also numerous proposals for the area and many skyscrapers are under construction in the area. Russia Wharf is currently the highest building, reaching 32 floors and 395 meters when completed. South Station Tower has been approved for the area above the South Station and will rise to 41 floors and 621 meters.
Other proposals that would modify and expand the horizon of national transport include Boston Place, which would amount to 1,175 feet to become one of the nation's tallest skyscrapers. There were also some other proposals such as the Congress Street towers, and towers of aquarium Garage Woud both be over 50 floors and at least 500 feet.
State Street Corporation is headquartered at One Lincoln Street building. Fish & Richardson is based in the State Street Bank building in the Financial District. In 2009, Fish & Richardson agreed to lease space in a Marine Park in South Boston as its new headquarters and leave its current headquarters. It will move from the third quarter in 2010.