Commercial & Industrial
Cambridge-based architects SMMA came up with a creative way to add more than 900 structured parking spaces at Charlestown’s Hood Park while preparing for a future in which cars are no longer king.
The three-property office portfolio Blanchard Woods in Burlington has acquired $30 million in financing.
Marijuana cultivator and retailer 253 Organic LLC has leased 33,000 square feet in Montague. The facility will be renovated for $6 million to cultivate, manufacture and sell recreational marijuana.
In the week since gas explosions and fires rocked the Merrimack Valley, much of the attention has focused on the thousands of residents who were forced to evacuate their homes.
This week’s Community Good Works highlights credit unions and banks who have donated to many causes, especially to those who were affected by the Merrimack Valley gas explosions.
Boston-based Samuels & Assoc. is joining the development team for Washington Village, a $400 million multifamily project at 235 Old Colony Ave. in South Boston that’s yet to break ground since gaining final approvals in 2016.
A proposed senior housing development in Devens called Shirley Commons has received a rental housing award from the Baker-Polito administration, allowing it to move forward with construction in spring of 2019.
Burgess Properties Inc. has brokered the sale of 11 Charles St. in Malden for $3.9 million.
Boston-based Leggat McCall Properties has broken ground on The Smith, which will add 650 residential units in Boston’s South End as part of a continuing multifamily and commercial development boom.
A Weston property owner will pay up to $40,000 in penalties and restore wetlands after allegations that he illegally altered and destroyed protected areas on his property, according to a statement from Attorney General Maura Healey’s office.
Last year’s state budget surplus could provide funding to help Merrimack Valley residents and businesses struggling to recover from an ongoing natural gas emergency, according to House Speaker Robert DeLeo, who said he’s confident that lawmakers would unite around an aid package, if necessary.
A controversial multifamily development on Newton’s city-owned Austin Street parking lot has obtained $30.2 million in construction and permanent financing.
Northeast Private Client Group has brokered the sale of three properties in East Boston, Shrewsbury and Southbridge for a combined $5.83 million.
Updated plans for further development at Charlestown’s fully leased Hood Park include a hotel, 200 housing units, along with office and lab space that could house up to 3,500 jobs.
The Boston Planning & Development Agency (BPDA) board of directors approved three new development projects in Allston, Hyde Park and Roxbury. The projects will create 257 residential units, 16 of them affordable housing units and 89 jobs.
Gov. Charlie Baker on Friday afternoon declared a state of emergency in the wake of a series of gas fires and explosions in the Merrimack Valley, handing over control of the response to Eversource in place of the local utility that Lawrence Mayor Dan Rivera said had been “hiding from the problem.”
This week’s Personnel File features new hires, promotions and executive hires in banks and law firms from all over the state.
Dyer Brown’s restaurant practice has a long list of reservations. The Boston-based architecture firm recently completed projects for Red Heat Tavern’s newest location
Despite his more than nine decades on this earth, it seemed like Harold Brown was never going to retire.
Anecdotal evidence that many of Boston’s newly built luxury condos sit unoccupied as part-time residences or “wealth storage lockers” for out-of-town investors is bolstered by the findings of a new housing market study.
This Week’s Poll
- Former Bowling Alley Sold in Malden
- Weston Property Owner to Pay $40K for Illegal Destruction of Protected Wetlands
- Rhode Island Man Charged in Million-Dollar Embezzlement Scheme
- Longtime CEO and President of StonehamBank to Retire; Successors Announced
- Marlborough Business Owner Sentenced for Bank Fraud