Cambridge Approves 4.6M SF Healthpeak Alewife Project
Cambridge officials approved a Denver developer’s massive plans to reshape the heart of a once-industrial district with a mixed-use project including more than 2,300 homes.
Cambridge officials approved a Denver developer’s massive plans to reshape the heart of a once-industrial district with a mixed-use project including more than 2,300 homes.
Developers of the 4.6 million square-foot Cambridge Point project in the Alewife Quadrangle now have preliminary approval from the Cambridge Planning Board.
Houston-based developer Hines acquired a lab development site now being touted for multifamily housing in Cambridge’s Alewife Quadrangle neighborhood for $12 million.
A vision to turn West Cambridge into a second Kendall Square is coming apart amid record lab vacancies across the region, as the fundamentals of development look set to shift back in favor of multifamily housing.