Rockland Trust to Add Eight ITMs in 12 Months
Rockland Trust Co. is adding interactive teller machines (ITM) as part of renovations to its Massachusetts locations in the next 12 to 16 months.
State Adds Two to Prohibited Plants List
Landscape architects and developers watch out: State agriculture officials want to ban two invasive plants, including a tree that “is well known for having nasty smelling flowers.”
Boston Self-Storage Rental Fees Spiraling
As the big September moving day approaches, Bostonians have the fewest options to rent self-storage space and face the fastest-rising rental fees in the U.S., according to an industry study.
Boylston Properties Shifts Focus to Tap MBTA Zoning Changes
Boylston Properties is looking for growth opportunities in the multifamily housing sector with an active $300 million development pipeline, after hiring a former AvalonBay Communities executive to lead the housing push in Greater Boston.
Developer Proposes Watertown Life Science Campus
Boston-based developer Broder submitted plans for a life science campus in a section of Watertown that’s being eyed by city officials for mixed-use projects.
Healey Files Second Ask for Allston Multimodal Cash
Gov. Maura Healey is again asking federal officials for financial help for an infrastructure project that political and business leaders see as vital to unlocking development potential in and around Boston’s Allston neighborhood.
Groups Pitch Widett Circle to Take Pressure off Mass and Cass
Leaders of the South End Forum, which represents neighborhood associations in Boston’s South End, and the Newmarket Business Improvement District unveiled a proposal that would stand up dozens of temporary cabins that could support residents through various steps of recovery.
PeoplesBank to Open ‘at Least’ Four ITMs in CT Branches
Holyoke-based PeoplesBank is set to open “at least” four interactive teller machines in its Hartford-area branches in what it calls an “opportunistic expansion” of its ITM network.
Macy’s to Launch Small-Format Concept in Dorchester
A staple of suburban mall shopping is coming to Boston’s biggest neighborhood.
Lego Group Picks Back Bay for New HQ
Lego Group picked a high-profile site at the edge of Boston’s central business district for its new global headquarters as it prepares to leave its suburban Connecticut office space.
Personnel File – No. 342
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Sheraton Owners Submit Dorm Conversion Plan
The 428-room project has generated opposition from local elected officials and a hospitality union.
Cape Cod Five Predicts Only ‘Modest’ Decline in 2023 Profits
The top executive at Hyannis-based Cape Cod 5 foresees a “better than expected” drop in profits for the bank this year, given the current economic turmoil pressuring all banks’ finances.
New Construction Makes Up Nearly 1 in 5 Boston Houses for Sale
With most homeowners who might have sold in other years sitting tight, the share of newly-built homes in the Greater Boston housing market has nearly doubled in a single year.
Fed Money to Fund Dorm-to-Shelter Lease
Nearly $2 million in federal dollars will flow into Massachusetts and Boston city coffers to tackle the migrant housing crisis, with the money arriving just over a week after Gov. Maura Healey declared a state of emergency due to strained shelter systems.
Opponents Challenge Constitutionality of Proposed Rent Control Ballot Q
A burgeoning campaign seeking to revive rent control in some communities already faces stiff, well-funded opposition on policy grounds, and now it will need to withstand a constitutional challenge as well.
BPDA Approves Developments Totaling 876 Housing Units
City officials green-lit a $130 million project on Brighton’s Commonwealth Avenue and redevelopment of a former East Boston casket factory property, among others, to hit the second-largest number of units permitted all year.
Report: Mass. Near Bottom of Pack for Housing Production
Massachusetts lags behind 40 other states when it comes to increasing its housing stock, a new report said this week, and the pace of new construction last year was just barely ahead of where it was in the depths of the pandemic in 2020.
Cambridge Trust: Uncertainties Remain Over Fed Rate Hikes
With a resilient job market and consumer spending raising hopes the U.S. economy will achieve a “soft landing,” a top Cambridge Trust banker sees that there remains a risk the Federal Reserve will take its interest rate hikes too far, leading to recession.
BPDA Approves New Zoning for Newmarket
Boston Planning & Development Agency directors approved new zoning regulations for one of the city’s last pockets of industrial real estate and the epicenter of the opioid crisis.
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