IQHQ Sells Brighton Site Approved for Labs
A major lab developer has sold a 1.55-acre retail property near Boston Landing, taking a $10 million loss in the process.
A major lab developer has sold a 1.55-acre retail property near Boston Landing, taking a $10 million loss in the process.
Getting to Kendall Square in Cambridge from the western suburbs isn’t easy. You can drive in on the Massachusetts Turnpike and take your chances with the brutal traffic in Cambridge, or you can ride all the way into Boston on either the commuter rail or the Green Line and then make your way out to Kendall from there.
King Street Properties’ newest development proposal includes a mix of prebuilt life science labs, light manufacturing space and co-working suites available to Allston residents.
Its multi-building Allston Labworks development hasn’t even topped out its last building and already life science developer King Street Properties says it wants to add more lab space next door.
A two-building, mixed commercial-residential project next to the planned Allston Landing development could bring nearly 400,000 square feet of lab space to the neighborhood if approved.