Commercial & Industrial
$53M Upgrade Planned For South End Property
A $53 million permanent loan from MassHousing will be used to renovate the 181-unit Villa Victoria’s Viviendas apartments in Boston’s South End.
Lowell Food Producer Receives Financing For Manufacturing Expansion
MassDevelopment has issued a $4.6 million tax-exempt bond for Plenus Group Inc., a family-owned manufacturer of soups, sauces and gourmet frozen foods based in Lowell.
Transpo Officials Learning From Bumpy Rollout Of Inspections Technology
The state’s new vehicle inspection technology landed with a thud when the Registry of Motor Vehicles rolled it out earlier this month, leaving hundreds of service stations unable to participate in the program that regulates vehicle safety and emissions.
State Government Website Revamped With User Accessibility In Mind
The Baker administration announced the launch of the new Mass.gov website, redesigned to better meet the needs of thousands of constituents visiting it on a daily basis.
Upgrades Set To Begin At Fenway Complex
Longtime renters in the Boston’s Fenway neighborhood have felt the squeeze from rising rents and conversion of apartments into off-campus housing.
Boston Fed President Expects 2 Percent Inflation By Next Year
Speaking at a conference in Boston Friday, Eric Rosengren said he also expects current low inflation, the main factor that could hamper projected interest-rate hikes, to get much closer to the Fed’s 2 percent target next year.
Boston East Opens Sales Center
Trinity Financial’s Boston East mixed-income rental complex has opened its temporary marketing center at 80 Border St. and begun preleasing 200 mixed-income units on the East Boston waterfront.
A Test Of Suburbs’ Resiliency
Chelmsford isn’t the only Boston suburb struggling to fill vacancies in aging office buildings, but this Merrimack Valley community of 34,000 has been more responsive than most in positioning commercial properties for quick and flexible redevelopment.
Reinventing Landmarks In The Fenway
Steve Samuels has put his stamp on the Fenway neighborhood as developer of apartments, the Verb Hotel, office space and now the neighborhood’s tallest residential tower, the 30-story Pierce Boston, which has pre-sold 60 percent of its condominiums.
Hot Property: October 16, 2017
The benefits of this revitalization will extend beyond the brick and mortar for years to come. Our city has shown tremendous leadership in planning for a strong economic future with collaborative initiatives such as Imagine 2030. As building owners and developers, we must challenge ourselves and do our part, in partnership with the city.
Dire Housing Shortage For Cape Residents
Cape Cod has long been a tourist destination. Even so, there was always a sizable year-round population of regular folks – some newcomers drawn by booming restaurants and hotels, others with roots stretching all the way back to the Pilgrims.
Somerville Adds New Wrinkle To Amazon Pitches
Somerville Mayor Joseph Curtatone’s proposal for “Amazon On The Orange Line” is adding a last-minute wrinkle to Greater Boston’s attempts to lure the online commerce giant’s second headquarters.
Financial District Property Sold For $6.2M
Boston-based LDJ Development LLC has acquired 190 High St. in Boston’s Financial District from longtime owner KFDA for $6.2 million.
Erland Construction Completes The Merc At Moody And Main
Erland Construction has completed a new mixed-use residential development in downtown Waltham.
Community Good Works
In this week’s Community Good Works, kids across the commonwealth will get a big boost, thanks to a myriad of organizations donating to schools and child development programs.
Light Vehicle Manufacturer Expanding Boston Office
Light vehicle manufacturer Piaggio Fast Forward has signed a lease expansion at RS 56, Paradigm Properties’ office complex at 52-56 Roland St. in Boston.
Walsh Brothers To Renovate Fitchburg’s Landry Arena
The Massachusetts State College Building Authority has selected Walsh Brothers Inc. to provide preconstruction and construction management services for the renovation of Fitchburg State University’s Carmelita Landry Arena.
Life Science Spotlight Shifts To Burlington
Life science researchers are gathering in Burlington today to hear about the latest advances in areas such as genome editing, big data and STEM education.
Massachusetts Committed To Obama-Era Clean Power Plan
Massachusetts Gov. Charlie Baker says his administration is committed to an Obama-era effort to limit carbon emissions from coal-fired power plants.
Best Pitch To Amazon Is Menu Of MA Options, Baker Says
Unlike the state partnership with the city of Boston that helped lure General Electric to the capital city, Gov. Charlie Baker said Tuesday it would be a “mistake” for his administration to pick sides among communities attempting to attract Amazon’s second national headquarters to Massachusetts.
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