Massport Restructures Lincoln Property Co.’s Seaport Lab Deal
Financial terms of a planned office-lab project in the Boston Seaport District were amended by Massport officials amid an increasingly difficult development landscape.
Financial terms of a planned office-lab project in the Boston Seaport District were amended by Massport officials amid an increasingly difficult development landscape.
Massport selected a team of The Community Builders and Menkiti Group to develop the first income-restricted housing project on its properties in the Boston Seaport District.
Climate activists urged Massport officials to discard a proposal to add 27 hangars and enable an expansion of private jet service at Hanscom Field at the agency’s board meeting Thursday.
Massport CEO Lisa Wieland will leave her post after a 4-year stint leading the agency that owns Logan International Airport and commercial real estate parcels in South Boston, Charlestown and East Boston.
Industrial parcels on the far reaches of the Seaport District are due for their first major changes in decades with development plans being drawn up by Oxford Property Group.
Developers are proposing a massive expansion of Hanscom Field’s private jet facilities including construction of nearly 500,000 square feet of hangar space.
Massport has acquired a South Boston property that’s been eyed for a potential replacement site for the Dorchester Avenue postal sorting facility to accommodate a potential expansion of South Station.
Massport officials have selected five finalists to develop the first mixed-income housing complex built on its Seaport District real estate.
As South Boston’s marine park transforms from working port to high-tech hub, the puzzle of delivering thousands of employees to new developments is coming to a head.
Long before Fan Pier rose from Boston’s shores, there was John Drew’s World Trade Center Boston complex, which pioneered commercial development in the Seaport District between 1988 and 1992.
A development team is beginning its permitting for a life science tower in the Seaport District, a 2-story incubator and career academy building and upgrades to an MBTA Silver Line station.
After approving development of 1,775 units of primarily luxury housing in Boston’s Seaport District, Massport will prioritize affordability for its next project in the neighborhood.
Construction of the $530 million 10 World Trade office-lab tower in Boston’s Seaport District is set to begin this year after two new investors joined the development team.
Buoyed by a passenger surge in July, Massachusetts Port Authority officials are optimistic that the return of air travel through Logan International Airport is outpacing their earlier projections even as the Delta variant portends a forthcoming slowdown.
As former Massport security official Herby Duvernéhis Boston-based development firm, RISE Together work to develop projects from Haverhill to downtown Boston, they’re seeking out new investors from diverse local communities who haven’t traditionally been part of real estate projects.
Massport is right to be concerned about attempts to construct housing next to the exit from the state’s only container port. But trying to push their freight trucks into bus lanes is a step too far.
Massport is redoubling its objections to plans for new dedicated MBTA bus lanes in South Boston and wants a say over details of 636 housing units approved for the former Boston Edison property.
Officials at Logan International Airport are expecting a “dramatic increase” in flights over the next two months.
Massport will seek a payment from developers of the 1.7 million-square-foot L Street Station project, which won approval this month for 636 housing units, to remove a residential deed restriction that it holds on the 15-acre South Boston property.
Massport officials selected Lincoln Property Co. to develop a 730,000-square-foot mixed-use project including a life science career center and upgrades to the neighboring MBTA’s Silver Line Way station in the Seaport District.