BXP has begun construction on its 46-story, $2 billion tower at 343 Madison Ave, reaching the podium level already. The project secured a $1.2 billion construction loan last month and has signed marquee tenants like insurance giant Starr and law firm McDermott Will & Schulte for about half of its 930,000 square feet. Rents are around $200 per square foot, and the building is expected to be completed by 2029. This development, along with SL Green's nearby project, will make the Madison at East 44th area a busy construction zone for years.
The construction of BXP’s 343 Madison Ave. tower is underway. For readers following the Real Estate sector, here is Pluang's market snapshot as of Oct 12, 2026 03:11 WIB: out of 34 priced US Real Estate stocks, 25 rose and 9 fell. Notable movers include AMT at USD 182.24 (+9.30%), BEKE at USD 17.84 (+4.39%), and OPEN at USD 2.22 (-3.06%).
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