BPDA Backs Wu’s Neighborhood Rezoning Push
Boston Planning & Development Agency directors gave cautious support for Mayor Michelle Wu’s rezoning plan designed to encourage mid-rise housing construction near transit stops in 18 neighborhoods.
Avison Young Agrees to Appoint New Board, Restructures Debt
Avison Young completed a debt restructuring deal after defaulting on payments in the second half of 2023 and agreed to appoint a new board of directors.
Alexandria Sells Southie Lab Site to Marketing Agency for a Loss
A site once proposed for lab space was acquired by a Boston-based marketing agency as Alexandria Real Estate Equities scaled back its appetite for development.
Report Spotlights Untapped Opportunity for Western Mass. Real Estate
Emerging industry clusters such as agriculture research and clean energy provide an opportunity to pull western Massachusetts out of the economic doldrums, according to a report that asks state leaders to commit $500 million toward the Pioneer Valley region.
Nubian Square Development Plans Include 132 Apartments and Condos
Another development team is joining the Roxbury housing pipeline with plans for 132 apartments and condominiums in a pair of buildings overlooking Nubian Square.
South Boston Hotel Site Hits Market
A 72-room hotel development site near the Boston Convention & Exhibition Center is on the market amid Boston’s lingering pause of hotel construction.
How Franklin Cummings Tech Overcame Cautious Lending Environment
This morning, a groundbreaking ceremony marked the beginning of construction at the 1011 Harrison Ave. site. But the project plans took a different turn amid delays in redevelopment of the South End property, which had been in the works since 2020.
Over 400 Housing Units Included in Harrison Avenue Proposal
Two development teams are seeking to build hundreds of apartments and condominiums in a neighborhood where a history of redlining created barriers to wealth-building through real estate ownership.
Live Above Stop & Shop at New Allston Development
The first residential building at the Allston Yards redevelopment has begun leasing 165 apartments in preparation for its scheduled spring opening.
Pepperell Developer Markets ‘Deep Discount’ for Industrial Tenants
After approval of the largest industrial project in Pepperell history, a developer has selected JLL to market 450,000 square feet at a planned new logistics park.
Hot Property: Michael E. Haynes Arms
The newly-completed Michael E. Haynes Arms development in Roxbury includes 55 housing units and a new headquarters for Cruz Construction.
Filling the CRE Tax Gap
As thousands of property owners in Boston seek abatements and researchers forecast a steep decline in property tax collections, Mayor Michelle Wu’s options are limited in finding ways to cushion the fiscal blows
Chelmsford ‘Making as Many Barriers’ as Possible to MBTA Zoning
Responding to the MBTA Communities law requiring suburbs to loosen restrictions on multifamily development, the Chelmsford Planning Board adopted a strategy specifically to minimize additional housing development.
FoxRock Targets ‘Value Proposition’ in Quincy Office Buy
FoxRock Properties acquired a Quincy office building for $6 million, betting on companies opting for lower-cost workspaces in the suburbs.
Developer Buys WEEI Studios in Allston
Burlington-based developer Nordblom Co. has acquired the Audacy radio station group’s studios near a gateway intersection in Allston.
Rockland Trust Finances Downtown Office Conversion
A Boston developer will use $5.1 million in financing from Rockland Trust to convert a Financial District office building into 15 apartments.
Racing Simulator Sets Opening Date in Seaport
An entertainment complex including 69 racing simulators has set an April 22 opening date at WS Development’s Seaport portfolio in Boston.
Allston Food Hall Will Include Sous Vide Accent
The Studio Allston Hotel is partnering with Craft Food Halls on their 10th location, which will include a focus on the sous vide method of slow-cooked cuisine.
Report Shows Spread of Flood Paths in Boston by 2034
Boston’s Wharf District Council released a scenario of how coastal storms could inundate downtown properties as it lobbies for construction of an $877-million flood barrier.
Sudbury Apartment Tower Adds Investor in $43M Deal
The Bulfinch Crossing development’s high-rise luxury tower has a new investor following a year-long marketing process.
