Healthpeak Alewife Project Would Begin with 400 Housing Units
Developers of the 4.6 million square-foot Cambridge Point project in the Alewife Quadrangle now have preliminary approval from the Cambridge Planning Board.
Will Lab Slump Translate into Housing Gains?
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.
MBTA Seeks to Fix Fatal Flaw in Its Real Estate
The MBTA owns prime locations for real estate development but efforts to build on them have a history of lengthy delays and missed opportunities. Could that be changing?
MBTA Invites Developers to Hear Alewife Opportunity
The MBTA is formally launching its effort to find someone to redevelop the site of its Alewife garage and Red Line station in North Cambridge, inviting interested parties to an Aug. 8 forum in downtown Boston.
Affordable Housing Overlay Gets Results in Cambridge
Cambridge’s new Affordable Housing Overlay has had a tremendous and immediate effect on parcels already in nonprofit hands, adding over 400 new units of affordable housing to the pipeline in a year and a half.
CC&F Pitches Lab Building on a Remaining Alewife Parcel
Boston developer Cabot, Cabot & Forbes has filed plans with Cambridge officials for a 58,000-square-foot research and development building near the site of a major planned biotech development in the city’s west.
Does Healthpeak Have Formula for Cambridge Success?
With more than $1.9 billion in West Cambridge acquisitions since 2019, the Denver-based REIT Healthpeak Properties is poised to begin testing the city’s appetite for a second Kendall Square-like cluster.
Hot Property: Vor Biopharma
Vor Biopharma will expand at 100 Cambridgepark Drive with the construction of an in-house clinical manufacturing facility, growing its footprint to 75,000 square feet on three floors.
Alewife Redevelopment Includes Lab Buildings, Recreation Upgrades
Life science developer IQHQ proposes three new R&D buildings at its recently-acquired campus in Cambridge’s Alewife section.
Toll Brothers Secures Financing for 525-Unit Alewife Apartment Project
A large apartment complex in Cambridge’s Alewife neighborhood is one step closer to starting construction after developer Toll Brothers announced it had secured a construction loan and a development partnership for the project.
Next Phase of Alewife Redevelopment Ready to Begin
The Davis Cos. is set to break ground on the next 155,000-square-foot phase of its Quad campus in early 2021 after attracting South Boston-based Gingko Bioworks to the West Cambridge portfolio.
Hot Property: 101 Cambridgepark Drive
King Street Properties and Healthpeak have begun construction of a new 160,000-square-foot life science building on Cambridgepark Drive.
Cambridge’s Carrot-and-Stick Option for Development
The land rush at Cambridge’s final development frontier shows no sign of abating, and city officials hope to leverage private investment into public benefits including new transit connections and park space.
Land Deals Reflect Confidence in Boston’s Staying Power
A slew of covered land plays in recent weeks, from Widette Circle to Alewife, are giving investors a ready stream of rent while they assess the impact of COVID-19 on real estate and plan their next moves in growing development clusters.
Hot Property: Alewife Park
Construction materials manufacturer GCP Applied Technologies has agreed to sell its 26-acre headquarters property in Cambridge to IQHQ Inc., a life science REIT.
Life Science Developer Buys 26-Acre Alewife Site
A Cambridge construction materials manufacturer will occupy its 290,000-square-foot headquarters rent-free for 18 months after the pending sale of the property for $125 million to a life science developer.
The Davis Cos. Pitches New Alewife Building
Two months after a six-building, 1 million-square-foot multifamily and lab complex was pitched for Cambridge’s Alewife Quadrangle neighborhood, another developer is joining the effort to revamp the industrial area near Belmont
East Cambridge Lab Rents Hit Triple Digits
East Cambridge maintained its position as the region’s top destination for lab tenants, with asking rents topping $101 per square foot triple-net in the fourth quarter.
2020 Vision for the Year Ahead
Greater Boston’s booming real estate industry continues to reshape the local landscape as the real estate cycle passes the decade mark, and 2020 is likely to generate more headlines about how developers are responding to the region’s job growth and housing needs.
The Year in Commercial Real Estate
From a booming life science industry spreading further out from East Cambridge to new multifamily housing models and an e-commerce-fueled explosion in interest in distribution facilities, here’s what drove demand in 2019.
