Commercial & Industrial
McAnneny to Retire from Taxpayers Foundation
Eileen McAnneny, the first woman to lead the influential Massachusetts Taxpayers Foundation and a public policy “powerhouse,” plans to retire at the end of this year.
Winn Development Proposes Exchange Salem at Gateway Parcel
Winn Development is seeking approval for 120 units of mixed-income housing in Salem while it studies potential uses for the second phase of the Exchange Salem project at a former courthouse and county commissioners’ building.
Timeline Presented For Fed’s Probe Of MBTA Safety Issues
MBTA officials expect a federal safety probe of the transit system to continue for at least “the next few weeks” and have their eyes on “late summer” for the Federal Transit Administration to announce its findings.
Housing Going Up At Former Hyannis Nursing Home Site
The state’s economic development agency has partnered with BankFive to provide nearly $12 million in loan financing to developers who plan to build a 53-unit mixed-income apartment complex in Hyannis.
Biden Launches Plan to Boost Housing Construction
In the face of a massive, nation-wide shortage of housing construction, the White House announced a new slate of initiatives Monday to try to speed up the building of new units.
Braintree Redevelopment Gets 100K SF Lease from Integra LifeSciences
A medical device company is leasing 100,000 square feet at 400 Wood Road in Braintree, the redevelopment of the former Haemonetics Corp. headquarters.
Vertex to Anchor Next Marine Park Lab Development
Vertex Pharmaceuticals will occupy a new life science building at 22 Drydock Ave. in South Boston, bringing its commercial footprint in the neighborhood to over 1.9 million square feet.
Blue Line Construction Carts Derailed More than T First Reported
Four days after the T announced it would again extend the shutdown of Blue Line subway service between Maverick and Bowdoin because a “construction tool cart derailed,” MBTA General Manager Steve Poftak told reporters there have in fact been three such incidents during the maintenance effort.
Promised East-West Rail Authority Missing from Baker’s Infrastructure Bill
The $9.75 billion infrastructure bond bill that cleared the Transportation Committee does not include any language creating a new rail authority to oversee a passenger train extension to western Massachusetts, bucking a prediction Congressman Richard Neal made last month when he and state officials announced a historic agreement to advance the project.
Sheraton Boston Owners Eye Dorm Conversion
Elected officials, student activists and a local hospitality union are vowing to fight an attempt by the new owners of Boston’s largest hotel to convert hundreds of rooms into Northeastern University student housing.
RODE Architects Designs Upgrades at Treatment Center
Clients of a Quincy treatment facility will receive a healthier array of freshly prepared foods after completion of a kitchen project led by a pro bono team of architects and builders.
A Modest Proposal for Suburbs’ Gas Bans
Many of Greater Boston’s richest suburbs want to cleanse their blocks of fossil fuel pollution by banning natural gas hookups for new buildings. But why should this admirable impulse to fight climate change locally stop there?
Opening the Door to Great Diversity: A Conversation with Gosder Cherilus
Gosder Cherilus, founder and CEO of Bastion Cos. and a former top NFL player, is making moves in Boston commercial real estate and fighting to open the industry to more Black- and Latino-owned firms.
Town-Gown Chasm Widens in Allston
It wasn’t supposed to be this difficult to push the first part of Harvard University’s new Enterprise Research Campus across the finish line. But community opposition and personnel changes have put the project into an uncertain holding pattern.
This Month in History: Revere’s Transit-Oriented Amusement Park
In the grand sweep of history, transit-oriented development is nothing new in Boston, as epitomized by Revere’s former Wonderland amusement park.
Hot Property: 101 South St.
101 South St. is the first phase of the 1.8-million-square-foot Boynton Yards mixed-use life sciences development spanning seven acres in Somerville.
BPDA Approves South End Labs, Jemison to Director Post
After confirming the appointment of James Arthur Jemison as director, Boston Planning & Development Agency officials approved plans for a lab building in South End and multifamily housing projects in East Boston and Roxbury.
‘CambridgeSide 2.0’ Gets Another Biotech Lease
Conversion of the former Sears store into lab space at the Cambridgeside mall picked up momentum with a 50,453-square-foot lease by a biotech that received $116 million in venture financing early this year.
New Report Highlights Mass. Latinos’ Housing, Economic Struggles
While the diverse Latino population in Massachusetts continues to struggle through the pre-pandemic issues of reduced educational and economic opportunity, and health care disparities, there is a reason for optimism, according to a new report released Wednesday.
Powell: ‘Soft’ Economic Landing May Be Out of Fed’s Control
Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the day, acknowledged for the first time Thursday that high inflation and economic weakness overseas could thwart his efforts to avoid causing a recession.
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