Tenants submitted just over half of May rent payments to retail landlord Federal Realty Investment Trust, but phased reopenings are continuing at its 104 shopping centers as local authorities lift restrictions on public gatherings.
Federal Realty Investment Trust has collected just over half of of its rent payments due in April, and the retail and mixed-use developer said it’s set up a $10 million loan fund to help some struggling restaurants when they reopen.
The owner of Somerville’s Assembly Row is rolling out redesigns to encourage curbside pick-up at its nationwide portfolio of 104 properties in preparation for long-term changes in shopping behavior during the COVID-19 pandemic.
Assembly Row and Cambridge Crossing are demonstrating how once-drab industrial parcels near the elevated decks of Interstate 93 can be reinvented as successful mixed-use developments. And developers are following a similar game plan at Charlestown’s Hood Park.
An excavation company that’s involved with major developments such as Somerville’s Assembly Row and Worcester’s Polar Park has opened a new corporate office and maintenance facility in Billerica.
Last week’s disheartening string of breakdowns on the Orange Line offered a rude reminder that, despite lots of hard work over the last five years, we’re still a long way off from a fully functional transit system.
Kmart’s pending closure at Somerville’s Assembly Marketplace could open the door for redevelopment of a 6-acre big-box property next to the successful Assembly Row project.
Berkeley Investments has begun a 300,000-square-foot speculative redevelopment in Malden Center, where it’s marketing space at the former bank data center to office and R&D tenants.
Colonies of Italian honeybees are making a home at Somerville’s Assembly Row and Wellesley’s Linden Square as part of developer Federal Realty Investment Trust’s new partnership with a beekeeping service.
In Somerville, transformative projects both at Assembly Row and Union Square are creating mixed-use, transit-oriented neighborhoods with amenities and character that rival Kendall Square and The Seaport.
Construction of PUMA North America’s new North American headquarters is under way in Somerville.
Greater Boston’s life science hub has outgrown its birthplace in Kendall Square/East Cambridge. Today, the area boasts a 0 percent direct vacancy rate for Class A laboratory space and rental rates approaching $100 per square foot, triple net.
Federal Realty executives say it’s likely they’ll break ground on more office space and multifamily housing at Somerville’s Assembly Row by next spring.
Imagine if you spent $15 million on a swimming pool and your new neighbors started dropping by every day for a dip.
In the last decade, we have witnessed a transformation of the traditional office environment, the stereotypical employee and the nine-to-five work day.
Marriott’s Autograph Collection of boutique hotels has opened its newest property at Somerville’s Assembly Row.
A 158-room hotel operated by Marriott’s Autograph Collection brand is welcoming its first guests this week at Somerville’s Assembly Row.
When Laura Portney graduated from Clemson University, she faced a pivotal decision: pursue her master’s degree at Boston Architectural College, or enter the workforce full-time at architects Prellwitz Chilinski Assoc., Portney chose to do both.
In Union Square, developers are racing to build office and lab buildings in time for the MBTA’s Green Line Extension completion in 2021.
Parking space spotted, two degrees north by northwest, full speed ahead!
