BPDA Approves Dorchester, Brighton Developments
The owner of a Brighton commercial building received approval to add 42 apartments in a 3-story addition, while a Dorchester project will create 20 home ownership units near the MBTA’s Ashmont station.
Krafts Say Revs Stadium Would Rely on Everett BRT
The Kraft Group unveiled a redesign for a bridge between Boston and Everett as it seeks approval for a professional soccer stadium on the Mystic River waterfront.
Google Inks 35k SF Lease in Watertown
Alexandria Real Estate Equities’ Arsenal on the Charles complex in Watertown will add Google as a tenant after the tech giant signed a lease for 35,000 square feet.
Cambridge Approves 4.6M SF Healthpeak Alewife Project
Cambridge officials approved a Denver developer’s massive plans to reshape the heart of a once-industrial district with a mixed-use project including more than 2,300 homes.
Wu Names Tech Exec as New Economic Chief
The head of an Cambridge “tough tech” incubator is headed to Boston City Hall to lead the Wu administration’s economic development strategy.
Nordblom Scores Hat Trick on Housing Projects
Nordblom Company’s multifamily development pipeline is accelerating with milestones on three projects that could deliver 675 housing units in Greater Boston.
Tax Breaks Could Jump-Start 1.4K Units in Stalled Developments
Four stalled developments could receive tax abatements to help complete financing and break ground on a combined 1,400 housing units in Boston next year.
CC&F Tops Off Woburn Spec Manufacturing Site
Completion is scheduled in 2027 for a new 180,000 square-foot manufacturing development that has newly improved highway access following completion of a $30 million state bridge project.
Will Mass. Take a Pass on Data Centers?
Gov. Maura Healey’s decision to give Massachusetts communities veto power over data center development could ring the death knell for a construction boom before it starts.
Hot Property: Merrimack College’s New Dorms
Tax-exempt bonds underwritten by Stifel and issued by MassDevelopment funded construction of Merrimack College’s new residence halls.
Auction Site in Scituate Has Residential Development Potential
A public auction scheduled for Sept. 24 will offer a nearly 9-acre site on Route 3A in Scituate with potential for residential development.
HYM Proposes 1.8M SF South Boston Development
A 6-acre block of South Boston real estate is positioned for over 1.8 million square feet of development under plans by the new owners who acquired it through foreclosure.
Anthropic Inks 24K SF Kendall Square Lease
As it gears up for a potential $2 trillion initial public offering, AI platform Anthropic is establishing its first dedicated office space in Cambridge.
Report Identifies Mass. Permitting ‘Pain Points’
Fragmented local bureaucracies and archaic permitting frameworks remain roadblocks to housing production in Massachusetts, according to developers and consultants.
130 Apartments Financed in Lexington Office Park
A Newton developer received nearly $46 million in financing for a 130-unit apartment complex that was catalyzed by Lexington’s MBTA Communities rezoning.
KS Partners Sells Downtown Site for Residential Conversion
KS Partners completed the $8.6 million sale of a downtown Boston office property that’s approved for a 95-unit residential conversion
After Grocery Ban Expires, Target Seeks Expansion in Somerville
A retail vacancy in Somerville’s Union Square would be filled by landlord Target Corp. under expansion plans to add groceries to its 94,000 square-foot store for the first time.
HYM Finds New Opportunities in the ’Burbs
HYM made its name tackling complex urban projects like Bulfinch Crossing. But the financing environment now points it to Boston’s suburbs, Chief Investment Officer Doug Manz says.
Hot Property: 101 Arch St.
Following a $20 million repositioning project, Synergy refinanced its 101 Arch St. office property in downtown Boston for $92.1 million.
Foreclosure Auctions Scheduled for Southbridge Hotel and Conference Center
A pair of foreclosure auctions are scheduled for Southbridge properties owned by developer Chip Norton Jr., including a hotel, conference center, office space and cogeneration plant.
