Hot Property: New England Business Center
Nine tenants have leased office space at Andover’s New England Business Center since late 2023, bringing occupancy of the office park up to 96 percent.
Third Try for Hotel Alexandra After Pandemic Pause
Developers are reviving hotel plans for the Hotel Alexandra building in Boston with a redesign eliminating a high-rise addition to the historic structure.
Empty Boston Office Towers Have Few Options. Could Housing Be One?
A new study coordinated by a major Boston law firm says the One Lincoln office tower points to a path forward for dozens of buildings facing financial distress.
Developer Buys Stalled Readville Apartment Project
A Dedham developer has taken ownership of a stalled development site that’s approved for 279 apartments next to the MBTA’s Readville commuter rail station.
Watertown Hits Pause on BERDO Ordinance
Watertown leaders hit pause on new building emissions regulations after objections from the business community and condominium associations about the potential costs and complications.
Alexandria Says Ex-Employee Stole Trade Secrets
A former Massachusetts employee stole company secrets and strategies on lab properties, major life science developer Alexandria Real Estate Equities claims in a lawsuit.
Boston Signals Flexibility on Affordability Obligations
Developers are getting an increasingly sympathetic hearing from Boston officials in an effort to break the logjam of housing projects still sitting on the drawing boards.
Hot Property: Leland House
Senior housing developer and operator 2Life Communities celebrated the completion of Leland House, a 68-apartment community for older adults in Waltham.
Writing a New Chapter in West End Housing
Patrick Kimble learned the finer points of commercial real estate at BXP and The Davis Companies before founding a firm that’s starting to make its mark in the affordable housing sector
O’Brien Reportedly Set to Enter Mayor’s Race
Real estate developer Tom O’Brien reportedly will announce his candidacy for mayor of Boston next week, joining Josh Kraft in the bid to unseat incumbent Michelle Wu.
Landlords Pursue Law Firms with High Concessions
Law firms in the market for new office space in Boston are in a strong negotiating position to extract heavy tenant concessions from landlords, according to a new brokerage report.
Boylston Properties Proposes West Cambridge Apartment Tower
The plans for a 236-unit apartment complex in West Cambridge illustrates Greater Boston’s shifting development economics.
Officials Defend Revamped Boston Planning Department
Mayor Michelle Wu’s administration says its efforts to reform the city’s development process are already bearing fruit, but some city councilors appear skeptical.
Shared Lab Operator Grows in Natick
Demand for affordable suburban wet lab space is fueling the growth of a biotech shared services provider’s campus in Natick.
438-Room Hotel Plan Surfaces Near BCEC
As Boston’s convention activity increases, another hotel project is in the works to capture demand near the Boston Convention & Exhibition Center.
Biogen Relocating to MIT Development in Cambridge
Biogen Inc. will relocate its headquarters to MIT’s new Kendall Square development after leasing 580,000 square feet in the first new lab building at Kendall Common.
Sustainability Standoff in Watertown
Potential new requirements to discourage fossil fuel use at approximately 150 large buildings in Watertown would drive up housing costs and penalize developers of recent lab projects, opponents say.
Hot Property: Roxbury BPL Branch
Renovations at the Roxbury branch of the Boston Public Library received acclaim at the Boston Society for Architecture’s annual awards gala this month.
Lender Buys One Lincoln for $400M
Boston’s 1.1 million-square-foot One Lincoln office tower was sold to its lender for $400 million at a foreclosure auction today.
Medical Space Considered in Skanska’s Longwood Project
Simmons University’s former residential campus would become an extension of the Longwood Medical Center life science and health care cluster under Skanska USA Commercial Development’s newly released plans for the 5.8-acre site.
