Battery Manufacturer Drops Devens HQ Plans
A lithium ion battery manufacturer halted plans for a new 101,000 square-foot world headquarters and tech center at the Devens business park.
Q&A: Republican Gubernatorial Candidate Mike Kennealy
Mike Kennealy is the first major challenger to Democratic Gov. Maura Healey in the 2026 gubernatorial race. On housing, he says he’ll work “in partnership” with towns to build more homes.
The Gossip Report: May 9, 2025
It’s another showdown of handsome seaside homes in this week’s Gossip Report: a spacious contemporary creation versus a new home that takes its cues from buildings 150 years older.
Chase Donates $500K to Boston Nonprofit
JPMorgan Chase has donated $500,000 to a Boston nonprofit that aims to help low-income families.
Bain Capital Arm Plans Multi-Tenant Biomanufacturing Conversion
A new real estate platform by Bain Capital Real Estate that specializes in biomanufacturing projects acquired a Bedford property for $26.35 million as its first investment.
Spilka Eyes Sales Tax Exemption to Encourage Housing
The idea to exempt multifamily projects’ building materials would first be studied by a commission before any changes get formally proposed.
Beacon Hill Floats Dueling Broker Fee Ban Proposals
Gov. Maura Healey has put political capital behind eliminating apartment broker fees, but state legislators have backed two wildly different ways to make that happen.
Charter Realty Hires WS Development Exec
A top leasing executive for WS Development is joining Charter Realty, a retail real estate brokerage that represents national chains and landlords across the U.S.
Allston Labworks Adding Bagel Cafe This Summer
A bakery cafe offering a new spin on bagels will open this summer after signing the second lease at King Street Properties’ Allston Labworks development.
Survey: Employer Confidence Sank Lower in April
Tariff policies and national political developments slid Massachusetts employers further into a state of pessimism in April.
Housing Replaces Offices in Northland Project
Northland Investment Corp. received approval to add housing and drop office space from its Newton Upper Falls development project.
MassHousing Provides Funding for First-Time Homebuyer Condos
MassHousing has provided $9.9 million in CommonWealth Builder financing for the development of 30 new condominiums for purchase by moderate-income, first-time homebuyers.
Lupoli, Healey Kick Off 2M SF Littleton Project
Groundbreakings of large-scale developments are becoming infrequent in Massachusetts, and one that took place in Littleton illustrated the growing list of hurdles.
Fed Likely to Defy Trump, Keep Rates Unchanged Tomorrow
The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed reduce borrowing costs.
Outreach Begins as Eviction-Sealing Deal Takes Effect
Thousands of Massachusetts residents gained a new tool in the search for stable housing Monday, as a compromise between tenant advocates and the real estate lobby took effect allowing eligible tenants to have their past eviction records sealed.
Trump Administration Swiftly Undoing HUD’s Transgender Protections
The Trump administration is swiftly remaking housing policy as the U.S. Department of Housing and Urban Development retreats from long-established fair-housing protections for transgender people.
Senate, House Headed for $420M MBTA Funding Showdown
Senate Democrats want to send only $370 million to the MBTA under a new spending plan fueled by excess surtax revenues, much less than the House approved across workforce, infrastructure and reduced fare investments at the beleaguered transit agency.
Personnel File – No. 404
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
The Savings Bank Hires Ex-Metro Credit Union VP
Jason Truong has joined The Savings Bank as its newest vice president and commercial banking officer.
Development Sets Tone for Somerville’s ‘Assembly Point’
A multifamily housing project recently approved by Somerville officials could be a harbinger of future development patterns in an emerging section of Assembly Square.
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