BOSTON, MA [May 7, 2026]-- Related Beal and Jamestown, the joint venture owners of the Innovation and Design Building (IDB) in Boston's Seaport neighborhood, today announced more than 225,000 square feet of leasing activity at the property over the past year. The IDB — a 1.4 million-square-foot mixed-use campus that is home to the Boston Design Center (BDC) as well as a diverse mix of office, technology, and life science tenants — has seen sustained, broad-based growth and demand across all tenant categories, culminating in the renewal of Autodesk, a global design and engineering software company, as one of the building's anchor tenants.
"What makes the IDB special is the ecosystem — world-class technology companies, cutting-edge life science firms, and the design industry's most celebrated showrooms all under one roof, each making the building more dynamic for everyone else," said Greg McQuade, Senior Vice President and Northeast Regional Market Leader of Asset Management at Jamestown. "At 1.4 million square feet, this campus operates at a scale where that cross-disciplinary energy is genuinely palpable — and time and again, it's what our tenants point to when they talk about why they stay."
AutoDesk, a 3D design, engineering, and entertainment software and technology company that has maintained a significant presence at the IDB for years, has renewed its lease for approximately 72,000 square feet, reaffirming its commitment to the building as a hub for its Boston operations. The renewal signals continued strength in the Seaport campus from one of the world's leading technology companies.
Reinforcing the momentum is an expansion by Ratio Therapeutics, a clinical-stage company developing best-in-class radiopharmaceuticals for cancer patients, which has grown its footprint within the IDB by approximately 17,000 square feet, and now occupies 36,000 square feet at the building. The expansion speaks to the evolution of the building as a destination not just for companies entering the campus, but for those scaling within it.
“Boston has been an ideal place to build and grow Ratio, and expanding within the Innovation and Design Building is an important next step for us,” said Marc Becker, Chief Financial Officer and Chief Operating Officer of Ratio. “The Seaport offers access to exceptional scientific talent, strong infrastructure, and a vibrant innovation community that gives our team the space, resources, and momentum to advance our pipeline of next-generation radiopharmaceutical therapies for cancer patients here in Boston.”
Complementing the Autodesk renewal and Ratio Therapeutics expansion, two additional anchor tenants have recommitted to the IDB. America's Test Kitchen, the celebrated culinary media company behind the country's most trusted cooking brands, renewed its lease for approximately 53,000 square feet. Award-winning architecture and interior design firm Elkus Manfredi Architects, a firm whose own design legacy is woven into the building itself, renewed for approximately 47,000 square feet.
“The Eastern Seaport and the Innovation and Design Building continue to attract and retain high-quality tenants with the premier offerings companies have come to expect. The lease agreements and renewals at the IDB reflect the strength of the building’s ecosystem and the continued partnership between Related Beal and Jamestown,” said Erin Orpik, Vice President of Commercial Assets at Related Beal. “The IDB offers the creative, flexible spaces tenants need to drive innovation, and we are proud to finalize these deals and support their ongoing success.”
Within the IDB, the Boston Design Center — New England's premier trade resource for the design industry — has seen its own wave of showroom renewals, further affirming the BDC's standing as the region's go-to destination for design professionals. Kravet — one of the design world's most storied fabric and furnishings houses — renewed for approximately 16,000 square feet, the largest of the showroom renewals. Kravet is joined by Cowtan & Tout (~5,000 SF), Scavolini (~3,300 SF), Quadrille (~1,800 SF), and Ferrell Mittman, (~1,800 SF) and Osborne & Little (~2900SF) each renewing their place within the BDC's curated showroom collection.
The Innovation and Design Building is a 1.4 million-square-foot mixed-use complex located at 21 Drydock Avenue in Boston's Seaport neighborhood, owned by a joint venture of Related Beal and Jamestown. Constructed in 1918 and originally serving as a waterside storehouse for the South Boston Army Base, the eight-story building today houses a dynamic mix of technology companies, architecture and creative studios, life science and research firms, and the Boston Design Center — New England's premier resource for design professionals, featuring over 1,200 luxury product lines across approximately 40 showrooms.
About Related Beal
Related Beal is a fully integrated real estate firm focused on development and investment opportunities in Boston and its surrounding areas. The firm has expertise across all asset classes including residential, commercial, hospitality, retail, life science, and mixed use. Related Beal has developed and is undertaking the development of some of the most recognized buildings in the area including The Clarendon / One Back Bay, Lovejoy Wharf, The Beverly, The Quinn & The Harris, Congress Square, One Kenmore Square, Innovation Square, and Channelside. The firm is the Boston office of Related Companies, the most prominent privately-owned real estate firm in the United States, and one of the largest developers and preservationists of affordable and workforce housing in the country.
About Jamestown
Jamestown is a global real estate investment and management company with over 40 years of experience creating places that foster innovation and build community. As of March 31, 2026, Jamestown manages $14.3 billion in assets across the U.S., Europe, and Latin America. Jamestown employs more than 600 people globally across 11 offices, including headquarters in Atlanta and Cologne. Through its vertically integrated platform, Jamestown brings a design-focused, hospitality approach to diverse product types, including retail, office, residential, mixed-use, and grocery-anchored shopping centers. Jamestown’s current and previous projects include One Times Square and Chelsea Market in New York, Industry City in Brooklyn, Ponce City Market in Atlanta, Ghirardelli Square and Levi’s Plaza in San Francisco, and Groot Handelsgebouw in Rotterdam. For more information, visit www.jamestownlp.com.
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