Industry News
85-Unit Building Pitched in Downtown Revere
Developer Eastern Equity Partners has filed a proposal to replace a lumber yard with 85 apartments on the outskirts of downtown Revere.
CT Developer Pitches 207 Units on Worcester Athletic Fields
A Worcester private school is offering its ball fields for sale, and a Connecticut apartment developer wants to take them up on the offer.
Mass Remains on Moderate Economic Growth Path
Economic growth in Massachusetts was moderate in the second quarter, while inflation in the Boston metropolitan area ran “meaningfully hotter” than the nation, according to a new data.
Arena Upgrades Will Boost Springfield, AHL’s Thunderbirds
A $93 million, five-year renovation of the MassMutual Center in Springfield comes as the AHL’s Thunderbirds extended their lease for at least five more years.
Advanced Metals-Maker Relocates from Cambridge Incubator to Woburn
A company that says it’s “reinventing how advanced metals are developed and manufactured” has signed for 36,055 square feet in a Woburn industrial park.
Councilors Buck Waltham Mayor to OK BXP’s Office Park Overhauls
Waltham city councilors said letting three office parks redevelop with up to 2,000 new homes, saying the project was vital to the city’s future.
Seller Pricing Power Remains Strong in Mass.
Massachusetts home sellers are staying firm despite the most balanced market seen in many years, and a national market that favors buyers.
Disappointed, Healey Not Giving Up on WNBA Team Pursuit
Gov. Maura Healey reiterated that she is “not giving up” on landing a WNBA franchise for Massachusetts in a recent podcast interview.
BrightBridge Credit Union Completes Core Conversion
BrightBridge Credit Union said it completed converting the former Arrha Credit Union to its own core systems.
Fulcrum Global Drops Towers from Everett Apartment Proposal
Sky Everett is losing its only competition for the title of “Everett’s Tallest Planned Development” after a nearby development was redesigned.
North Adams Gets ‘Creative District’ to Boost Development
North Adams, already home to the acclaimed MASS MOCA contemporary art museum, is trying to leverage its artsy reputation into more economic growth.
Personnel File – No. 452
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
Webster First Federal Credit Union Names Chief Risk Officer
Webster First FCU says that the appointment of Colleen Carney reflects the growing importance of risk management at the growing institution.
Lawmakers OK Bill to Take Norwood Hospital by Eminent Domain
The measure passed Friday effectively ratchets up the pressure for the property’s owner to make a deal with a new operator before the state flexes its authority to intervene.
Transportation To-Do List for Revs Stadium
Environmental organizations are asking for iron-clad commitments from The Kraft Group to pay for public transit upgrades that reduce vehicle use and emissions.
Beacon Hill Makes Progress, but Mass. Downtowns Missing Key Supports
The Massachusetts Downtown Initiative is back, but a small additional investment could have a huge impact on communities’ ability to improve their Main Streets.
What Does It Cost to Build an ADU in Massachusetts?
Massachusetts homeowners just got a new, low-cost tool to help them figure out how to build an ADU. But even with a plan in place, they still face big cost hurdles.
Massachusetts Is Missing Out on Both Parts of the AI Boom
The AI revolution is increasingly happening everywhere but Massachusetts. Both data centers and the tech firms that need them are bypassing us, wholesale.
Hot Property: Bedford Woods
Tenants are starting to fill up the formerly vacant Bedford Woods campus following its January acquisition by Woburn-based Cummings Properties.
What We’ve Learned from Cambridge’s Citywide Zoning
Good zoning is only part of the equation. Housing production must strike a balance between affordability, density and urban character.
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