Financial District, Boston

125 High Street, One International Place, and the Flag of Massachusetts in the Financial District near South Station

One Financial Center and nearby buildings

The Financial District also contains the headquarters of the mutual fund companies Fidelity Investments, Putnam Investments, and DWS Scudder Investments; the world headquarters for State Street Bank and Eastern Bank; accounting firms Wolf & Company, P.C., RSM McGladrey, and BDO USA, LLP; loan advisor The Debt Exchange; the law firms of Bingham McCutchen, 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 Santander Bank; the Langham Hotel Boston and Hilton Hotel; and the local offices of Merrill Lynch and other brokerages.

Dewey Square, One Financial Center, and the plaza and towers housing the Federal Reserve Bank of Boston are located near South Station, adjacent to and just south of the area defined above. Also part of the Financial District are 33 Arch Street, One Federal Street, the First National Bank Building, 100 Summer Street, and 101 Federal Street. The area contains many of Boston's highrise buildings in a fairly densely packed area, significantly more than the Back Bay which contains Boston's two tallest highrises, the Prudential Tower and 200 Clarendon Street.

There has been some recent development and construction in the area. Russia Wharf was recently completed along the Fort Channel and rises up to 395 feet and 32 stories. Construction of South Station Tower was scheduled to begin in 2009 but was put on hold until the Spring of 2020, moving forward despite the presence of COVID-19. Upon its 2024 completion, the tower will rise to 677 feet and 51 stories.[1] One Franklin Street has recently been reworked by developers and construction on a 600 ft tower will begin in the near future.[2] Other towers in the area such as the Aquarium Garage Development and the Congress Street Towers if approved could significantly change the Boston Skyline as well.