Commercial Real Estate News
Personnel File – No. 419
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Boston Councilors Probe Source of Utility Mishaps
Boston city councilors scheduled a hearing this week to investigate recent utility failures in Chinatown and the Leather District, where data indicates changing subsurface conditions including high groundwater temperatures.
Sculptor, MASS Design Group Unveil Memorial at Boston Church
The congregation at King’s Chapel, the home church for many famous Bostonians, took the wraps off a 14-foot tall memorial to the hundreds of people enslaved by its members and ministers over the church’s 339-year history.
Mill Creek Closes on $98M Loan for 380-Unit Development
Apartment developer Mill Creek closed on a $97.6 million construction loan and acquired a Medford industrial property for $20.5 million where it has approval for a Chapter 40B development.
Rate Cut Could Spur Suburban Housing Starts
Suburban multifamily development is likely to benefit the most from potential interest rate cuts, brokers and developers predict, with MBTA Communities districts in the lead.
Who Cares About Main Street? Not Massachusetts, Apparently
Massachusetts just lost its only statewide program to support downtowns and main streets. We need to think differently about how to support these vital places.
Curating a Cultural Fit at a Leading Brokerage
The world’s largest commercial real estate brokerage has a new face leading its New England region as it expands and diversifies its business: Mike Brucato.
Hot Property: Warren Towers Renovations
Shawmut Design and Construction is beginning a new phase of the $550 million renovation of Boston University’s Warren Towers as students return to campus.
Kraft Deserves Praise for a Serious Campaign
Say what you want about Josh Kraft – and there’s certainly a lot to say. But he pushed Boston Mayor Michelle Wu on issues where the city’s failing.
Following Foreclosure, Winchester Center Condo Proposal Returns
Newly submitted development plans would replace one of Winchester Center’s prominent landmarks with a 37-unit condominium building.
Boston City Councilors to Discuss Re-Legalizing Triple-Deckers
It’s been the darling of local architects and zoning wonks, but triple-deckers keep running into a major obstacle: They’re illegal to build in nearly two-thirds of Boston.
Efforts to Protect Harbor from Floods Lifted by $10M Donation
With several “king tides” in the offing, a foundation is donating $10 million over the next five years to help a local lab expand its work devising defenses.
Josh Kraft Drops Out of Boston Mayoral Race
After suffering a blistering preliminary election loss to incumbent Boston Mayor Michelle Wu, Josh Kraft announced Thursday night that he’s suspending his campaign.
WATCH: Did Development Play a Role in Wu’s Blowout Win?
Josh Kraft tried to make housing affordability and development policy one of the centerpieces of his campaign. Did that resonate with voters?
Longtime Housing Leader Clark Ziegler to Step Down
The Massachusetts Housing Partnership announced that after 40 years, Executive Director Clark Ziegler will be retiring at the end of February 2026.
JLL Expands Capital Markets Team in Boston
JLL added a former HFF capital markets broker as it expands its capital markets investment sales team in Boston.
‘On the Square’ Plans Unveiled in Dorchester
A Dorchester nonprofit unveiled plans to demolish its own headquarters to create a $38 million mixed-use development, including 41 affordable housing units.
Watertown Rezoning Gets Traction with Two Development Proposals
Multifamily housing proposals are starting to gain traction following the rezoning of Watertown Square to attract higher density development.
Real Estate Transfer Tax Pitched as Missing Link for Housing
The battle for a local-option real estate transfer tax has risen from the dead, with municipal leaders asking Beacon Hill to help them raise money for affordable housing.
Healey Pitches Big Cut in Permitting Time for Housing
Large housing developments will see the time they spend in state environmental permitting slashed to just 30 days, Gov. Maura Healey said Tuesday.
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