Uniqlo Announces Opening Weekend Events in Braintree
Clothing chain Uniqlo will mark the opening of its fourth Greater Boston store this week with a series of promotions in partnership with local institutions including the Museum of Fine Arts.
Life Time Fitness Announces Back Bay Expansion
A high-end fitness club that operates five suburban locations in Massachusetts will expand into Boston in 2025.
Developers Line Up to Lure Vertex HQ
As Vertex Pharmaceuticals weighs whether to relocate its headquarters, Boston-based Beacon Capital Partners is aggressively pursuing a new lab project that could lure the life science firm from its Fan Pier perch.
Insurer Breaks Ground on Campus Expansion in Norwood
Insurer FM Global has broken ground on a new all-electric-powered campus expansion in Norwood that utilizes 221 geothermal wells to reduce its energy consumption.
Suffolk Downs Announces Rents at First Building
The first building at the 16 million-square-foot Suffolk Downs redevelopment is nearing completion and has begun marketing 475 apartments for occupancy in June.
BPDA Hits Winthrop Center Over Public Access Promises
The Boston Planning & Development Agency ordered developer MP Boston to open the centerpiece public amenity of its $1.3 billion Winthrop Center skyscraper on weekends to comply with an agreement with the city.
Fallon Co. Gets OK for Development Next to New NFL Stadium
The developer of Boston’s Fan Pier is set to begin another signature project transforming an urban waterfront.
Arup Exec Named Boston Climate Chief
Brian Swett is returning to Boston City Hall after a nine-year stint in the private sector to lead the city’s climate change and decarbonization policies.
Lab Vacancy Rate Nears 14 Percent
As more life science conversions and new developments were completed without tenants, Greater Boston’s lab vacancy rate rose to 13.7 percent in the first quarter.
Harvard Files New 1M SF Allston Development Plan
Harvard University and its development partner Tishman Speyer are set to begin the public review of their next major real estate project in Allston, the second phase of the school’s Enterprise Research Campus.
A Groundbreaking Lab Plan for North Shore Quarry
At an abandoned quarry in Manchester-by-the-Sea, Cell Signaling Technology plans to tap into the underground terrain for a geothermal heating and cooling system for its proposed 250,000-square-foot development.
What Does Berklee Have in Store for Fenway Property?
A Fenway commercial property added a major new tenant in Berklee School of Music, a neighborhood institution that’s had a rocky town-versus-gown relationship with residents and Boston officials.
Related Beal Picked to Develop Roxbury, Marine Park Projects
Developer Related Beal received approval to move forward with projects on city-owned properties in South Boston and Roxbury that could include more than 400 housing units and nearly 320,000 square feet of lab space.
Boston Office Rents Drop 10 Percent from Peak
Office vacancies in Boston rose slightly in the first quarter, and a wave of expiring leases in coming months will provide hints at the future direction of the market.
Back Bay Hilton Sold for $171M
An investment partnership that completed a $171 million acquisition of the Hilton Boston Back Bay hotel plans a capital improvement program to modernize the 41-year-old property.
‘Skyline’ Districts Set for BPDA Review
The final downtown Boston rezoning plan encourages multifamily housing and active retail and entertainment uses, while placing limits on research labs.
Capital Group Properties Plans Leominster Development
Southborough-based Capital Group Properties plans to develop a 67,500-square-foot industrial building for completion in early 2025 after acquiring a Leominster parcel.
BXP and MassDOT Sign Deal for Back Bay Tower Development
A deal with the Massachusetts Department of Transportation moved the 1.3 million-square-foot redevelopment of the MBTA’s Back Bay station property closer to groundbreaking.
Dana-Farber Eyes Lab Expansion in Fenway and LMA
Dana-Farber Cancer Institute will expand its lab and research space in Boston’s Longwood Medical Area and the Fenway while its office space shrinks under a permanent remote and hybrid workforce model.
R&D Could Throw Lifeline to Sinking Suburban Office Sector
Conversions to R&D space could be the best option for suburban Boston office landlords facing a financial crossroads, real estate executives predicted at an economic forum focusing on the Metro North region.
This Week’s Newspaper
