868 Housing Units Coming to Allston Supermarket Property
By Steve Adams | Banker & Tradesman Staff | Dec 13, 2019 | Reprints | Unlock Link 
One of the largest developments in Allston history will add 758 apartments, 110 condos and a 373,500-square-foot office and lab building to the 11-acre Stop & Shop Supermarket property bordering the Massachusetts Turnpike.
OCC, FDIC Release Proposed CRA Changes
By Diane McLaughlin | Banker & Tradesman Staff | Dec 13, 2019 | Reprints | Unlock Link
If adopted, the rules would clarify what qualifies for credit under the CRA and where it qualifies. CRA regulations were adopted in 1977, and the last substantive changes were in 1995.
29-Story Kenmore Hotel Gets Go-Ahead
By Steve Adams | Banker & Tradesman Staff | Dec 13, 2019 | Reprints | Unlock Link
The next step of Kenmore Square’s transformation will include an eye-catching hotel with a herringbone-style facade and a reconfiguration of the traffic patterns at the heavily-traveled intersection.
BPDA Board Chairman Retires; Rojas Named Temporary Replacement
By Steve Adams | Banker & Tradesman Staff | Dec 12, 2019 | Reprints | Unlock Link
The chairman of the Boston Planning & Development Agency’s board of directors since 2014 is retiring immediately and Priscilla Rojas has been named acting chair of this afternoon’s monthly board meeting.
BPDA OKs 176 Units in JP, South End Multifamily Projects
By James Sanna | Dec 13, 2019 | Reprints | Unlock Link
In addition to approving landmark projects in Allston and Kenmore Square, the Boston Planning & Development Agency board approved three multifamily projects, including a controversial condominium development on the site of a financially struggling community center, at its Thurdsay meeting.
Colliers Tapped to Market Hynes Convention Center
The Massachusetts Convention Center Authority has selected Colliers International to market and sell Back Bay’s Hynes Convention Center, a move the Baker administration hopes will generate millions to fund an expansion of the Boston Convention and Exhibition Center in the Seaport.
Boston Home Equity Fintech Secures $100M Financing
Dec 12, 2019 | Reprints | Unlock Link
Hometap, a Boston-based fintech that provides an alternative for tapping into home equity without taking on debt, has secured $100 million in new financing.
Boston Autoport Agreement Would Add Bike, Pedestrian Connections
By Steve Adams | Banker & Tradesman Staff | Dec 12, 2019 | Reprints | Unlock Link
Renegotiated terms of Massport’s lease for a 3.4-acre portion of the Boston Autoport property in Charlestown will include new bike and pedestrian paths connecting the waterfront to the Boston Harborwalk and Sullivan Square.
Fed Leaves Low Rates Alone and Sees No Moves in Near Future
By The Associated Press | Dec 12, 2019 | Reprints | Unlock Link
Chairman Jerome Powell made clear Wednesday that the Federal Reserve is prepared to keep its benchmark interest rate very low through at least next year – and possibly longer.
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