Will Money Pool Move the Housing Needle?
Developers and brokers say a new, albeit small, pool of state funding called the “Momentum Fund” will break through a logjam that’s severely reduced groundbreakings of major multifamily projects.
Winding Path to Profitability Detoured Development in 2023
Transformative projects reshaping the Dorchester waterfront and streets surrounding Fenway Park cleared their biggest hurdles at Boston City Hall in 2023, but a challenging development climate points to a reduced presence of cranes on the skyline.
Dorchester Bay City Passes First Big Test
Acres of parking on the Dorchester waterfront will become Boston’s next major mixed-use development including nearly 2,000 housing units under a 6.1-million-square-foot master plan approved by the Boston Planning & Development Agency.
Dorchester Bay Defense Looks at the Big Picture
Developers behind the 6.5 million-square-foot Dorchester Bay City project are offering to take responsibility for protecting not only its vulnerable waterfront site from flooding, but large sections of surrounding neighborhoods.
Boston Creating New Opportunities for a New Generation
Boston leaders are eager to use the NAACP convention to cast off city’s reputation as a largely white place where racism still lingers. Big changes underway in the region’s commercial real estate and finance sectors can back that up, local executives say.
Dorchester Bay City Developers Add 2.5M SF With Land Deal
The scope of the massive Dorchester Bay City project is expanding further to nearly 6.5 million square feet with developers’ acquisition of a neighboring parcel containing the Boston Teachers Union headquarters.
Design Firms Offer ‘Transformative Experience’ to High Schoolers
Growing up in Waukegan, Illinois, Tayler Morris got an early introduction to the architecture profession through a high school work-study program that laid the groundwork for a future career.
Banker & Tradesman’s Editorial Cartoon: The Leaning Tower of Columbia Point
Rusted pieces of the old Bayside Expo Center have been observed falling off on windy days. But who’s counting?
Developer Raises Flags on Dorchester Bay City Plans
Accordia Partners’ proposed 5.9 million-square-foot Dorchester Bay City development is rekindling a running dispute between University of Massachusetts-Boston and a developer that owns 50 acres just south of the site.
BPDA Approves 1.7M SF Edison Redevelopment
The 1.7 million-square-foot redevelopment of the former Edison power plant in South Boston will bring nearly $20 million in community benefits including upgrades to MBTA service in City Point, and new public parks on Boston Harbor.
Boston Finalizes Fair Housing Zoning Changes
A plan to reverse exclusionary zoning in Boston and address discriminatory housing practices needs only Mayor MartyWalsh’s already-pledged signature to take effect, after receiving a favorable vote Wednesday from the Boston Zoning Commission.
Higher Hurdles for Developers Tested in Dorchester
Boston’s first-in-the-nation fair housing zoning law is already influencing key elements of the city’s largest proposed development, Dorchester Bay City, as Accordia Partners spells out how its affordable housing strategy will exceed what’s typically expected in new projects.
Pandemic Upended Commercial Real Estate in 2020
During the lengthy commercial real estate boom, many industry figures said Greater Boston’s diversified economy – with its strengths in financial services, technology and life science – was built to withstand anything except a “Black Swan event” such as a natural disaster or geopolitical conflict.
‘Bay City’ Would Transform Dorchester Waterfront
A master-planned development on 34 acres could bring 1,740 housing units and 4 million square feet of commercial space to the Dorchester waterfront.
Capitalizing Ground-Up Projects ‘Easier’ Today Than Value-Add, Market-Watcher Says
Commercial real estate and development experts said they are confident that the pandemic won’t spell the end of the development boom in and around Boston, but they said they are keeping their eyes on consumer and workforce trends that might reshape their industry.
‘Inclusive’ Development Team Selected for Boston State Hospital Site
A team led by developer Kirk Sykes in partnership with homebuilder Toll Brothers will develop the final 10-acre site at the Boston State Hospital property in Mattapan.
Accordia, Cummings, Berkshire, Eastern Back $10M Push to Help Minority Businesses
Two of the biggest names in Greater Boston development are joining with two of the region’s biggest community banks to support a $10 million effort to give free bridge loans to Black- and Latino-owned businesses struggling in the face of the coronavirus pandemic.
Morrissey Boulevard Development Cluster Expanding
Accordia Partners’ plans for a nearly 6 million square-foot development in Dorchester join a series of high-profile projects bringing large-scale multifamily units, office space and hotel rooms to the Morrissey Boulevard corridor.
5.9M SF Development Proposed in Dorchester
Developers are proposing a 5.9-million-square-foot mixed-use development including 1,700 housing units on the former Bayside Expo Center property in Dorchester and a Morrissey Boulevard parcel they bought last year.
UMass-Boston Offers Up 10 Acres for Development
The University of Massachusetts Building Authority is seeking to gauge interest in two parcels spanning 10 acres in Dorchester’s Columbia Point for a public-private development partnership.
