Southline Reportedly in Mix for Hasbro HQ
Hasbro’s search for a new headquarters could bring hundreds of jobs to the Southline complex which has struggled to establish a new life science cluster in Dorchester following the Boston Globe’s departure.
Boston Proposes 2026 Deadline for Net Zero Developments
After imposing carbon emissions-cutting requirements on existing commercial buildings, the city of Boston is planning to add zoning regulations applying to new construction starting in January 2026.
Wakefield Turns Down MBTA Communities Zoning
Wakefield joined Marshfield and Milton in the suburban resistance to the MBTA Communities housing production law, rejecting three proposals to rezone an area near transit for multifamily development.
BXP Breaks Ground on Cambridge’s Tallest Building
Boston Properties has started construction of the tallest building in Cambridge history, the 121 Broadway residential tower slated for completion in 2027.
Country Bank Plans Springfield Branch by 2025
Ware-based Country Bank is planning to put up a branch in Springfield by 2025 to establish a physical presence there amid growth opportunities and intensifying competition in the Western Massachusetts market.
Waltham Spec Labs Get 70K SF Tenant
A speculative lab project in Waltham landed its largest tenant to date in a Framingham-based biopharma company.
Jan. Home Sales Showed Little Sign of Improvement
With home sales effectively flat across the state last month, January offered few signs of encouragement that the 2024 housing market will be a significant improvement over last year’s.
Healey Pulls Milton Grant After Zoning Vote
The state is stripping Milton of a $140,800 coastal resiliency grant awarded only a month ago after voters there rejected a multifamily zoning package last week that was intended to bring the town into compliance with the MBTA Communities transit-oriented zoning law.
DOJ Seeks to Block Settlement in MLS PIN Commission Case
Federal antitrust prosecutors have asked the judge overseeing a lawsuit against Massachusetts’ main multiple-listings service to reject a proposed settlement in the case, arguing instead that buyers should be the only ones to pay their agents’ commissions.
Marine Park Developer Proposes 321K SF Lab Project
Developers MP Boston and Beacon Capital Partners received approval for their 380,800-square-foot South Boston Innovation Campus project in 2020. Now, MP Boston wants to nearly double the campus’ size.
BayCoast Mortgage Promotes New CEO
In his new role, Nicholas Christ is responsible for developing new talent and products while expanding the bank’s lending throughout its Eastern Massachusetts market.
Commercial Lending Starts to Show Signs of Life
Lending conditions for commercial real estate showed the first improvement in seven quarters, according to a CBRE analysis of recent activity, amid signs that borrowing costs have peaked.
Office Woes Threaten Boston Budget With ‘Economic Act of God’
Warning about the prospect of a “permanently diminished city,” think tank analysts said a sharp and steady drop in the value of office buildings could soon punch a hole in the city’s budget, endangering resources for schools, first responders and more.
BPDA Approves Fenway Labs, Fast-Tracked Housing Project
Samuels & Assoc.’s next life science project in the Fenway will include a new neighborhood branch for the Boston Public Library and funding for a nearby affordable housing project.
North Shore Bank, Abington Bank to Merge
Hometown Financial Group is growing its eastern Massachusetts footprint as it announced a merger between Abington Bank and North Shore Bank on Thursday.
Medfield’s Bullard’s Green Acquired for $1.9M
A joint venture has purchased a 11,845-square-foot retail plaza at 1 Green St. in Medfield.
Shrewsbury Senior Housing Sold to REIT for $36M
A leading owner of senior living communities acquired...Zillow: Home Shopping Early May Pay Off
Zillow predicts another hot spring market this year, as well-priced homes are selling quickly and overpriced homes are seeing price cuts.
PNC Bank to Open Two New Branches in Boston Area
PNC Bank recently announced a $1 billion nationwide investment to open more than 100 branches and renovate over 1,200 existing branches through 2028, and Boston is getting two new branches from that plan.
Milton Vote Derails MBTA Communities Compliance
Milton voters rejected a rezoning plan that would have encouraged multifamily development, becoming the first Boston suburb to defy the state’s MBTA Communities law, which is designed to encourage housing production and ease Massachusetts’ affordability crisis.
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