Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:After a Basement Fire, Fidelity's HQ Reopens Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, December 20, 2018

After a Basement Fire, Fidelity's HQ Reopens

News summary by MFWire's editors

The 12-story downtown Boston headquarters of Fidelity [profile] is reopening today after a two-alarm fire.

Yesterday afternoon about 2,500 Fidelity employees at 245 Summer Street were evacuated after a fire in the basement, yet Fidelity spokesman Vin Loporchio tells the Boston Globe that the building will be open today. A Boston Fire Department spokesman tells the Globe that it doesn't seem like the fire is suspicious, though they're still trying to figure out the cause. One firefigher reportedly went to the hospital for non-life-threatening injuries.

Multiple witnesses reported hearing loud bangs in the building's basement around 12:14pm yesterday. Word is that the fire was contained in the basement's electrical vault by 1:07pm.

"As soon as I came up to the ground floor, I started seeing smoke in the hallways," Andrew Polak, a subcontractor who was working in the basement at the time, tells the Globe. "It was just pouring out smoke ... It definitely sounded mechanical; didn't sound like an explosive."

Fidelity employees were sent to nearby South Station and to Fidelity's office in the World Trade Center in the Seaport District, the Boston Business Journal reports. Part of Summer Street was closed to traffic.

"Our other sites are ready as usual to assist customers via phone, chat, online, or at our Investor Centers," a Fidelity spokesperson tells the Journal.

Boston 25 News, the Boston Herald, and WCVB 5, twice, also reported on the fire.

Fidelity has had a presence in the building since 1999, and six years ago its headquarters moved into the building. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2025: Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MMI webinar - Enhancing the Advisor Experience, January 16
  2. MFDF webinar - AI and Fund Compliance, January 21
  3. MFDF In Focus - In Focus: Small Boards' Use of Skills Matrices, January 22
  4. IDC webinar - SEC Enforcement Trends: What Fund Directors Should Know, January 23
  5. ICI webinar - Legal and Compliance Career Opportunities in the Asset Management Industry, January 24
  6. FSI OneVoice 2025, Jan 27-29
  7. MFDF 2025 Directors' Institute, Jan 27-29
  8. Nicsa webinar - An Intro to Irish and Luxembourg Investment Platforms for US Asset Managers, January 29
  9. WE South - Dallas | Texas Stock Exchange, Politics, & Product Development, January 30
  10. 2025 ICI Innovate, Feb 3-5
  11. Nicsa webinar - AI In Operations: Boosting Productivity for Wealth & Asset Management Firms, February 5
  12. MFDF In Focus: Understanding Distribution - What the Data Can Tell You, February 6
  13. MFDF Director Discussion Series - Open Forum, February 10
  14. MFDF Director Discussion Series - Open Forum, February 11
  15. MMI Darden-in-Residence II, Feb 24-6
  16. 2025 MMI RIA Forum, February 27
  17. IDC Core Responsibilities of Fund Directors, February 27
  18. Citywire Scottsdale CIO Summit 2025, Feb 27-28
  19. Expect Miracles In Manhattan 2025, February 27
  20. T3 Technology Conference 2025, Mar 3-6
  21. IMEA Distribution Intelligence Summit, Mar 4-5
  22. Nicsa 2025 Strategic Leadership Forum, Mar 5-7
  23. Citywire Pro Buyer New York Due Diligence Retreat 2025, Mar 6-7
  24. MFDF 2025 Fund Governance & Regulatory Insights Conference, Mar 6-7
  25. MFDF 15(c) White Paper Webinar Series: Part 3 - Gartenberg Factors Analysis and Challenges, March 12
  26. ICI Investment Management Conference, Mar 16-19




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use