Somerville’s Fix for Vacant Lab Building: $18M Tax Break
Somerville City Councilors approved a 10-year tax break designed to lure an Andover medtech company to BioMed Realty’s Assembly Innovation Park.
Somerville Lab Construction Continues Amid Industry Uncertainty
BioMed Realty is targeting a mid-2023 completion for the first phase of its 495,000-square-foot Assembly Innovation Park campus. The San Diego developer and construction manager John Moriarty & Assoc. held a topping-off ceremony Thursday for the project.
Allston, Somerville Lab Projects Get $1.1B in Financing
A pair of new life science campuses in Allston and Somerville being developed on speculation received nearly $1.1 billion in construction financing.
Hot Property: Assembly Innovation Park
BioMed Realty has begun construction of the first phase of Assembly Innovation Park, a new life science campus in Somerville’s Assembly Square.
