Commercial & Industrial
The Other Barrier to Development
Some residents’ opposition to multifamily housing frequently dominates headlines, but developers say understaffed and fragmented town hall bureaucracies are just as big a problem in Boston suburbs.
‘Vulture Season’ in Massachusetts Is Closed for Now
Landlords and developers got two wins in the last 30 days in the fight to stop tenant “right of first refusal” or “TOPA” laws: one on Beacon Hill and the other in a Middlesex County Courtroom.
Banker & Tradesman’s Editorial Cartoon: Timeout Called in Everett
Better luck next season, Carlo and Bob.
Hot Property: The Current
The Current retail incubator expands WS Development’s partnership with Black Owned Bos. Market with a new line-up of stores for Black Owned Business Month during August.
Will Crash or Slowdown Follow Boston’s Lab Boom?
It’s looking like the answer to the question of what to do with a piece of real estate is no longer just “convert it to life science space,” at least for a few years.
Industrial Rents Rose 27 Percent in Past Year
Asking rents for industrial properties in Greater Boston hit record highs in the second quarter after a 27.5 percent increase in the past 12 months.
124 Housing Units Proposed at Roslindale Commercial Site
A Dedham developer seeks to build 124 housing units at a Roslindale commercial property that was the failed potential location for a charter school.
Sinenma Saves Carried Interest in Deal to Pass Economic Legislation
Senate Democrats have agreed to eleventh-hour changes to their marquee economic legislation that preserve a commonly-used method of financing real estate developments.
Neighbor Sues to Block North End Hotel Project
Construction of an $80 million hotel next to Boston’s Rose Kennedy Greenway is being challenged by a North End neighbor who argues that an enclosed roof deck would exceed maximum zoning heights.
MBTA Chief: ‘We Reserve the Right’ to Shut Down Other Lines
The MBTA will venture into uncharted territory with a newly announced month-long shutdown of the Orange Line, and the unprecedented step might not be the last of its kind.
What Real Estate Needs to Know About the Orange Line Shutdown
With the MBTA planning to shut down its entire Orange Line subway to conduct a range of safety repairs and upgrades, the 101,000 people who take the line every day will need to use different ways to get to work.
Causeway Street Skyscraper Plan Surfaces in West End
Potential plans by a Newton developer for a skyscraper that would reshape the Boston skyline near North Station are prompting neighborhood associations to seek officials’ reaction to the scale of the project.
Inflation Weighs on Families’ Back-to-School Shopping
This back-to-school shopping season, parents – particularly in the low to middle income bracket – are focusing on the basics while also trading down to cheaper stores amid surging inflation.
Haverhill Mill Apartments Trade for $77M
The Hamel Mill Lofts, a 305-unit renovated historic mill apartment community located at 40 Locke St. in Haverhill, has sold for $77 million.
Seven-Building Redevelopment Proposed on Morrissey Boulevard
Redevelopment of a 9-acre Dorchester site would bring nearly 1.6 million square feet of office, research and multifamily housing next to another massive, life sciences-focused project.
Housing Investments, Everett Stadium in Limbo as Session Ends
Hundreds of millions of dollars in housing investments are in limbo after state legislators held off on finalizing a popular economic development bill Sunday night.
Allston, Somerville Lab Projects Get $1.1B in Financing
A pair of new life science campuses in Allston and Somerville being developed on speculation received nearly $1.1 billion in construction financing.
Scape Swaps Out Housing for Labs in Davis Square
Student housing specialist Scape is opting for a 188,000-square-foot life science project at a Somerville property where it previously had floated plans for a 250-unit multifamily development.
Personnel File – No. 297
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Another Fire Knocked Down at One Congress
Boston firefighters responded Saturday to the second fire in five weeks at the One Congress office tower in downtown Boston.
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