Developer Madison Properties of Boston has formed a joint venture with California private equity firm Whitman Peterson for a 235-room dual-brand hotel planned at 369 Washington St.
A 4,000-seat concert hall hosting 150 shows a year and new office building are planned in next phases of Charlestown’s 20-acre Hood Park redevelopment, which recently added Cambridge College’s new campus and broke ground on a 177-unit apartment building.
Ground leases have been signed with development companies for a 500,000-square-foot hotel and residential development in Boston’s Seaport District.
Boston University’s brand-new theater facility turns around the spotlight to face the busy street scene of Commonwealth Avenue.
The bombshell news that a large public transit hub in Allston planned as part of the Massachusetts Turnpike’s realignment won’t be completed until as late as 2040 is prompting calls for new funding sources to fast-track the project.
With the design of this environment, our team’s primary objective focused on establishing a pedestrian-friendly, transit-oriented destination that connects the community to the Merrimack River, Haverhill’s greatest resource.
Tenant advisory brokerage Cresa is moving closer to much of the leasing action in Boston with its selection of a new 11,881-square-foot headquarters at Atlantic Wharf.
Boston-based Intercontinental Real Estate Corp. has added to its Cambridge portfolio with the acquisition of a fully leased 43,120-square-foot office and retail building in Harvard Square, for $45.15 million.
The Yard, a New York-based coworking space provider, has opened a new 32,147-square-foot location in newly renovated space in the former Hancock Tower at 120 St. James Ave. in Back Bay.
Redevelopment of the Suffolk Downs racetrack would include 11 million square feet on the 109-acre East Boston section of the property, and another 5.5 million square feet on the 52-acre Revere side, according to the latest plans by Boston-based HYM Investment Group.
Tenants have signed 10 office leases totaling 150,000 square feet this year at The District Burlington.
Concerns about displacement, rising housing costs and an influx of transient residents are not out of the ordinary for Boston’s Chinatown, given the recent construction of luxury high-rises and boutique hotels.
While groundbreaking of its new office building in Fort Point has been pushed back two years, General Electric is moving ahead with renovations of two industrial buildings that will be part of its Innovation Point headquarters complex.
After recent high-profile office leases by Amazon, Rapid7 and Alexion Pharmaceuticals in recent months, numerous companies remain in the hunt for big blocks of space in Boston and Cambridge.
Many tech companies prefer converted industrial spaces with sprawling floor plates that lend themselves to open-format workspaces. That wasn’t an option for Cambridge-based Internet giant Akamai, though, after committing to a 19-story build-to-suit office tower to replace its six Kendall Square office buildings.
The MBTA has selected Hingham-based Atlantic Development and Bozzuto Development Co. to build 602 multifamily housing units along with office and retail space at the 6.3-acre Quincy Center MBTA station property.
After receiving nearly 3,700 responses from commuters to an online survey, Boston Harbor Now has released a short list of recommended new and expanded ferry routes as part of a nine-month water transportation study.
Ken Munkacy leads newly established Kingbird Properties, the Boston-based U.S. subsidiary of Puerto Rican family conglomerate Grupo Ferré Rangel. Tracing its roots to the founding of the El Nuevo Dia newspaper in 1909, San Juan-based Grupo Ferre Rangel has expanded into the marketing, digital media and health care industries including a portfolio of apartment properties in the Columbus, Ohio and Indianapolis metros. Kingbird Properties will continue that investment strategy, with plans to acquire 5,000 units in secondary and tertiary markets over the next two years. A former New Boston Fund executive, Munkacy most recently was a senior managing director at Boston-based GID Investment Advisers.
With rents increasing throughout the Boston market, these properties are well positioned to offer the region’s innovative tenants high-quality flex, light manufacturing and office space at a lower price point than other suburban markets, while still offering easy commuting access and an attractive work environment for today’s workforce.
Not all luxury condominiums in Boston need to offer high-rise views or celebrity chef-run eateries to garner prices approaching $2,000 per square foot. On Beacon Hill, developer Chevron Partners is targeting a more discreet and, some would say, traditional Bostonian clientele as it wraps up conversion of the former Beacon Press offices into multimillion-dollar residences.