Suffolk Downs

HYM Sees Suffolk Downs As Job Engine

Boston-based HYM Investment Group is set to acquire the 161-acre Suffolk Downs racetrack property in East Boston and Revere for $155 million today, laying the groundwork for a mixed-use development that could reshape a large stretch of the Blue Line corridor.

Gaming Commission Approves Suffolk Downs Sale

The Massachusetts Gaming Commission approved the sale of East Boston’s Suffolk Downs racetrack to Boston-based HYM Investments with plans for the current owners to continue to use the 161-acre property for racing events in 2017 and 2018.

Boston landing

Boston Landing Shrinks Plans For Office Space

Developers have reduced the size of an office building in an upcoming phase of the $500 million Boston Landing development in Brighton. The plans now call for a 99-foot-tall, 135,000-square-foot office building, down from a 165-foot, 225,000-square-foot building that was approved in 2014 for the 1.3-acre parcel at 40 Guest St. The 4-story building...
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NB Development Refinances Debt On Boston Landing Buildings

NB Development Group has refinanced its debt on two buildings within the 15-acre Boston Landing mixed-use development in Brighton. Wells Fargo provided 10-year financing for 15 and 20 Guest St., which contain a combined 359,000 square feet of commercial space. The 228,901-square-foot former New Balance headquarters at 20 Guest St. is being renovated for...
WPB1 Res - City Hall Plaza View

Government Center Garage Redevelopment Moves Ahead

The $2.2 billion redevelopment of Boston’s Government Center garage will start off with a 486-unit apartment building and 1-million-square-foot office tower. Developer Thomas O’Brien of Boston-based HYM Investment Group today released new renderings of the 45-story apartment tower designed by CBT Architects. Final design review filings will be submitted to city authorities shortly. The...
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Developer: 475 Apartments To Kick Off Government Center Redevelopment

Construction of a 475-unit apartment tower could kick off the $2.2 billion One Congress development this winter, jumpstarting one of the Boston’s long-delayed transformative projects. Final designs by Boston-based CBT Architects for the 42-story tower will be submitted to the Boston Civic Design Commission in early November, said Thomas O’Brien, managing director of Boston-based...