Sudbury Apartment Tower Adds Investor in $43M Deal
The Bulfinch Crossing development’s high-rise luxury tower has a new investor following a year-long marketing process.
The Bulfinch Crossing development’s high-rise luxury tower has a new investor following a year-long marketing process.
HYM Investment Group’s brand-new One Congress office tower officially opens today, the first in a big pulse of downtown Boston class A space being delivered over the next several quarters.
HYM Investment Group CEO Thomas O’Brien makes his living tackling some of the most complex developments in Boston, transforming landmark properties into massive mixed-use projects like Roxbury’s P3, downtown’s Bulfinch Crossing and East Boston’s Suffolk Downs.
With little competition from new luxury high-rises in downtown Boston and stable rent trends, the pending sale of the Sudbury could set another record for multifamily investment sales.
Portions of The Hub on Causeway and Bulfinch Crossing developments’ community benefits packages will be put toward ongoing repairs and redesign of the West End Museum.
A Brockton-based contractor faces $1.2 million in fines in connection with the partial collapse of the Government Center Garage in March, which led to the death of a worker on his first day on the job.
The MBTA’s decision to shut down its Green Line subway north of downtown Boston will give developer HYM time to finish demolishing part of a huge garage that hangs over the train’s tunnel, the agency’s leader said Friday.
Boston firefighters responded Saturday to the second fire in five weeks at the One Congress office tower in downtown Boston.
Months after a demolition worker fell to his death after a part of the Government Center Garage collapsed beneath him, work is resuming to make way for lab and residential towers planned for the site.
Riders are once again able to traverse downtown Boston on the MBTA’s Green and Orange lines after the agency’s engineers on Sunday evening declared tunnels safe for subway travel, capping off days of upheaval for the already-troubled agency.
Some feared the urban metropolis would never recover from the pandemic. But National Real Estate Advisors and HYM Investment Group’s bullish stance on Boston’s resiliency proved the better prognosis.
MBTA shuttle buses are replacing Orange and Green Line service in portions of downtown Boston and Cambridge after the transit agency said the Bulfinch Crossing development has caused structural weakness to the underground tunnels.
Boston’s newest office tower is fully committed more than seven months before completion following a large lease by a Cambridge tech company for its new headquarters.
Partial demolition of Boston’s Government Center Garage is suspended following a weekend’s accident that killed a 51-year-old construction worker.
A lease by a second major tenant could fill up the 1 million-square-foot One Congress office tower at Boston’s Government Center well before its scheduled completion in January.
Developers received approval from the Boston Planning and Development Agency for lab projects in the Fenway and Government Center, a mixed-use waterfront project in Dorchester and 295 housing units across the city.
Construction crews topped off the 43-story One Congress tower at Boston’s Government Center as a brokerage report detailed signs of a recovery in the city’s office market including an uptick in asking rents.
The Bulfinch Crossing redevelopment at the Government Center garage property could include one of the highest-profile life science projects built yet in downtown Boston.
Across the U.S., commercial real estate projects have ramped up to implement new technology to ensure a gold standard of wellness. One Congress, the highly anticipated office tower that will serve as an anchor to the larger Bulfinch Crossing development, is no exception.
Office building owners better brace themselves for possible multimillion-dollar facility upgrades if they’re going to successfully lure back health-conscious tenants after the pandemic crisis finally eases.