Biotech Triples Space at Lexington Research Campus
A Cambridge biotech is expanding its suburban presence at the Hayden Research Campus in Lexington with a lease that triples its square-footage to over 93,000 square feet.
Local Apartment Construction Dips 20 Percent
Greater Boston apartment rents are rising at an annual rate of 3 percent, and further increases are likely waiting in the wings, according to a new report on the multifamily market.
Healey: ‘We Have to Go Really Big’ with $4B Housing Bill
The plan is designed to generate 40,000 new units statewide, and would legalize accessory dwelling units in single-family zones and state aid for conversions of underutilized office buildings and malls into housing.
Cambridge OK’s Taller Heights for Affordable Projects
Cambridge city councilors approved building heights up to 15 stories for all-affordable housing projects in some of the city’s major commercial districts.
Beacon Hill Hotel Trades for $57M After Upgrades
A boutique Beacon Hill hotel that underwent a series of upgrades under Related Beal’s ownership sold for $57 million to a private equity investor.
Development Team Submits 346K SF Nubian Square Plans
A 346,000-square-foot mixed-income housing proposal is joining the growing pipeline of multifamily development in Roxbury’s Nubian Square.
BPDA Approves On the Dot Development, Office Conversion Incentives
Following over two years of review that prompted major changes, Boston-based Core Investments received approval to build 11 commercial and residential buildings totaling nearly 3.8 million square feet on South Boston’s Dorchester Avenue.
King Street Plans Spec Labs, Manufacturing on Western Ave.
King Street Properties’ newest development proposal includes a mix of prebuilt life science labs, light manufacturing space and co-working suites available to Allston residents.
Everett OK’s Wynn Expansion for Sports Betting, Concert Hall
Wynn Resorts’ plans for a new gambling and entertainment complex across the street from its Encore Boston Harbor casino received final approval from Everett officials this week.
Bulfinch Scraps Natick Labs for Pickleball Club
As developers rethink plans for additional life science projects, Bulfinch Cos. will swap out a planned lab conversion on hold at the Natick Mall in favor of a pickleball complex.
Pennrose Breaks Ground on Wareham Housing Project
Pennrose’s newest Massachusetts development will create 93 apartments in a mixed-income community rising on a long-vacant Wareham property.
Construction Firm Expands After Refreshing Waltham Offices
After refreshing a 1970s office building, DPR Construction has completed its move into a new Waltham headquarters to accommodate its 200-employee workforce.
Hanover North Cambridge Trades for $182M
An apartment complex completed in 2022 near the MBTA’s Alewife Station was acquired by an institutional investor for $182 million.
Children’s Hospital Buys Fenway Lab Space for $172.5M
Boston Children’s Hospital has closed on its $172.5 million acquisition of a portion of a new life science tower to be developed in Boston’s Fenway neighborhood.
BXP Proposes 1M SF Suburban Development
Boston Properties is moving ahead with the full buildout of the 94-acre former Polaroid campus in Waltham, a 1-million-square-foot office-lab project that would be accompanied with an extensive series of roadway changes at Route 128.
Boston Office Rents Keep Sliding Despite Demand Bounce
Over the past 12 months, office tenants’ active space requirements have increased nearly 26 percent, according to new JLL research.
Council Backs Wu on Affordability Increase
Boston City Councilors backed an increase in income-restricted units in multifamily developments, a move that real estate industry groups predict will further discourage housing production.
New Moderna HQ Nears Completion Under Budget
Moderna’ new global headquarters in Cambridge’s Kendall Square is set for delivery in November under budget, developer Alexandria Real Estate Equities announced.
Suspicious Device Found at Allston Microapartment Project
Arson investigators were called to an Allston apartment development after a suspicious device was discovered early Friday.
Dorchester Art Studios Seek to Add Condo Building
A Dorchester property that spotlighted displacement pressure on Boston’s artist community will be redeveloped as affordable live-work housing under plans submitted by New Atlantic Development.
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