Alexandria Drops Lab Conversion, Will Sell Newton Office Park
Alexandria Real Estate Equities has dropped a planned 510,000-square-foot life science conversion in Newton, and recorded a $139-million impairment charge on the property.
Alexandria Real Estate Equities has dropped a planned 510,000-square-foot life science conversion in Newton, and recorded a $139-million impairment charge on the property.
An engineering firm will draw up designs for a 2,000-foot-long flood barrier to protect the Gillette Co. property and development sites in Fort Point from rising seas.
A high-profile development site on Boston’s Fort Point Channel will become the home of a new $700 million Eli Lilly and Co. life science research institute.