Developer Acquires Newton Multifamily Site for $23M

Developer Kennedy Wilson Multifamily acquired a 5.8-acre site in Newton for $23.1 million and received construction financing for a 184-unit apartment complex.

MBTA Communities Spurs Wellesley Condo Project

MBTA Communities rezoning spurred a proposal to convert an office building near the Wellesley Hills commuter rail station into 28 condominiums.

Parking Won’t Pencil

Expensive parking rules keep many Massachusetts housing projects from breaking ground. Local officials appear increasingly receptive to developers asking for relief.

Allston Labworks Gets First Life Science Tenant

A Woburn life science company that just raised $50 million in venture capital funding signed the first lab lease at King Street Properties’ 500,000 square-foot Allston Labworks.

Parking Won’t Pencil

Parking Won’t Pencil

Expensive parking rules keep many Massachusetts housing projects from breaking ground. Local officials appear increasingly receptive to developers asking for relief.

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