Commercial & Industrial
Everett elected officials’ latest legislative maneuver to unlock a redevelopment of the city’s soon-to-shutter Constellation Energy power plant fell short again on Beacon Hill yesterday, victim of discord over a late budget bill.
Environmental cleanup of the ExxonMobil fuel storage property in Everett will cost $100 million, Boston-based The Davis Cos. estimates, but could unlock over 4 million square feet of development.
Two fires set at a compact living development under construction in Allston were attempted arson, according to a Boston Fire Department investigation.
Weeks after their talks collapsed, Democrats filed a $3.1 billion compromise spending bill packed with money for the state’s emergency shelter system. But they could not get the overdue legislation across the finish line in the face of frustrated Republicans.
Nonprofit Preservation of Affordable Housing will use a $12.5 million loan from Rockland Trust Co. to develop a project designed to address the housing crisis on Cape Cod.
Massachusetts has more than 1,500 miles of coastline across 78 communities that count nearly 2.5 million people as residents, and the Healey administration on Tuesday mapped out the skeleton of its strategy for preparing those areas to deal with the impacts of a changing climate.
Decarbonization of a 75-year-old Kendall Square power plant passed a milestone this week with delivery of an electric boiler that will replace gas-fired turbines to heat buildings in Boston and Cambridge.
Boston restaurant owners, business groups and commercial real estate developers argued that a proposed office tower that’s been subject to a lengthy review is a necessary element of downtown’s post-COVID recovery.
Construction of New England’s first dedicated cancer hospital would span a seven-year period and create 320 inpatient beds at a new 14-story tower in Boston’s Longwood Medical Area.
Bowditch & Dewy LLP Boston law firm Bowditch & Dewy has hired Matthew Ray for its business and finance and commercial real estate practice groups as a partner. Bristol County Savings Bank Bristol County Savings Bank said it has hired Kelly Masefield to be a...
Boston-based Davis Cos. is seeking approval of 289-unit development following a state board’s ruling that Medford is subject to the Chapter 40B affordable housing law.
Newton city councilors are facing pressure to scale back plans to rezone the community’s 13 commercial nodes for more multifamily development to comply with the state’s MBTA Communities law, but one of the mooted suggestions could come at a cost: plans to revamp its commuter rail stations.
The sale of the 100-acre ExxonMobil fuel storage facility in Everett is progressing as a proposed environmental cleanup could clear the way for a multi-million-square-foot redevelopment.
A $55.3 million adaptive reuse project will create 88 affordable senior apartments in a historic mill complex that’s sat vacant for decades in downtown Holyoke.
After a decade-long expansion, real estate investors and developers are confronting the reality that investment will be more selective in 2024 – perhaps even the most challenging financing climate in over a decade.
Instead of focusing on reforms that will boost our economy, the Healey-Driscoll administration is pursuing a policy that will further damage the state’s competitiveness: a new tax on home and building sales.
Under the direction of Clement Fourny, SmartLabs has begun transforming the top floor of former retail space at the CambridgeSide property into a new life science research center for a broad spectrum of startups.
Retail vacancies are dropping and the number of restaurants and new, diverse businesses are rising, but downtown property owners need lenders’ help to confront broader headwinds.
What rules to municipalities have to follow in complying with the MBTA Communities transit-oriented zoning law? What deadlines matter? Who decides if a town is doing the right thing?
For the foreseeable future, occupiers will have the advantage. Companies considering relocation or lease renewal can leverage the highest amount of vacant office space ever recorded to their benefit in negotiations.