Arsenal Yards Labs Get $150M Permanent Financing
As a downturn in lab space demand throws doubt on future development prospects, fully leased properties appear to offer a safer haven for lenders.
As a downturn in lab space demand throws doubt on future development prospects, fully leased properties appear to offer a safer haven for lenders.
It turns out that “try before you buy” is a compelling pitch for retailers as well as shoppers. In what’s becoming a commonly accepted practice, retail landlords such as WS Development and Wilder regularly take a flier on local, independently-owned shops that bring unique, new concepts to their portfolios.
The next wave of arrivals at Arsenal Yards includes health care and service-oriented tenants ranging from a 365-day vet to a body scanning clinic.
The successful execution of creating this new neighborhood emphatically supports the strategy of mixed-use development as an in-demand socially and culturally enriching experience in today’s post-pandemic world.
Once considered a conversation-stopper in host communities, density is a proven advantage in the quest for successful retail and mixed-use developments. Indeed, some of the most celebrated retail places in the world are immersive, intuitive experiences in part because of this.
Another Cambridge life science company is adding research space in East Watertown’s Arsenal Street industry cluster.
Boston-based Boylston Properties has acquired the Home Depot property next to its 1 million-square-foot Arsenal Yards development in Watertown for $96.25 million.
Cambridge-based architect PCA has completed its placemaking and design work at Watertown’s Arsenal Yards, the redevelopment of the former Arsenal Mall into a seven-building, 1 million-square-foot mixed-use property.
The second life science building at Arsenal Yards has secured an anchor tenant in an 11-month-old Cambridge-based biotech.
Chef Jason Santos has announced a grand opening on Monday for his newest restaurant, a New Orleans-inspired bistro at Arsenal Yards in Watertown.
Between new store and restaurant openings, the debut of the Blvd. & Bond residences and the groundbreaking for 100 Forge, the new life sciences tower, each passing week will bring new developments to the property.
Chef Jason Santos will bring the second location of his Buttermilk & Bourbon concept to Watertown’s Arsenal Yards in 2021.
While proximity to Cambridge is important, and lab deals typically beget only more lab deals, there’s more to Watertown than that.
Reebok’s former Canton headquarters appears to have a future as a single-user corporate campus.
Members of the banking and real estate industries were on the move recently. See who’s been hired and promoted in this week’s Personnel File.
A three-year-old Kendall Square biotech startup that received a $70 million investment from Vertex Pharmaceuticals in May is joining Watertown’s expanding life science corridor.
The success of Boston Landing – which leased brand-new lab space to Roche Diagnostics, incubator SmartLabs and Proteostasis Therapeutics in 2017 – put Allston on the map as a budding life science cluster. Now, life science developers have begun to outbid multifamily competitors for development sites.
Construction of Watertown’s newest multifamily development along the Arsenal Street corridor has completed with 75 percent of the units preleased.
A former car dealership property on the outskirts of Watertown Square has been acquired for a record-setting $7 million by a Newton development company.
The developers behind Watertown’s Arsenal Yards project are seeking to swap uses in an 8- or 9- story building that sits at the south end of the site, overlooking the Charles River.