Motor Mart Tower Site Hits Market
Owners of a historic parking garage approved for a high-rise condominium project in Boston’s Park Square have placed the property on the market.
Owners of a historic parking garage approved for a high-rise condominium project in Boston’s Park Square have placed the property on the market.
A Boston-based developer known for its Seaport developments is entering Quincy Center’s multifamily building scene with a proposed 7-story apartment complex.
Hemmed in on all sides, 10 World Trade Center is a monument to creative design on a cramped parcel that conflicts with an MBTA tunnel below and airplane landing paths above.
Vertex Pharmaceuticals’ headquarters move to the Fan Pier in 2014 put Boston’s Seaport District on the map as a life science industry destination. Vertex’ reported decision to remain at the Fan Pier beyond 2028 deals a blow to a growing list of major lab projects still seeking tenants in the neighborhood.
The Massachusetts Convention Center Authority will drop its immediate plans for development of 6.5 acres near the Boston Convention and Exhibition Center, opting for a broader look at its strategy and the changing market conditions in commercial real estate.
Boston’s limited number of hotel rooms makes the city one of the country’s most expensive convention destinations, state officials were told last week. That information could weigh on an in-limbo process to redevelop parking lots near the city’s biggest convention center.
2024 promises to be a year of reckoning for many Boston-area commercial property owners as rising vacancies and expiring mortgages threaten their once-lucrative business plans.
Staff at the state convention center authority got pushback from its board for recommending a developer for a 6-acre South Boston site through an allegedly opaque process. Now, it’s unclear when a project team will be chosen.
A re-run of an RFP process for a clutch of parking lots next to the Boston Convention and Exhibition Center in South Boston didn’t produce any additional bids, but Boston Global Investors and Cronin Group don’t appear to have scaled back their ambitions for the 6-acre site.
Changes are coming to a Seaport District property that’s been a networking hub for the local tech industry for the last decade.
A planned commercial development that drew criticism from some South Boston elected officials has been put on hold by the Massachusetts Convention Center Authority.
10 World Trade in Boston’s Seaport District is the city’s first development recognized by the U.S. Green Building Council for sustainable design of landscapes and outdoor spaces.
City officials and a state senator representing South Boston raised concerns Thursday that the independent convention center authority may be planning under “false pretenses” to develop land taken by eminent domain for mixed use rather than convention-related purposes.
Two developers have submitted proposals for mixed-use projects including offices, labs, performing arts space and a grocery store on 6.2 acres of Massachusetts Convention Center Authority-owned property in South Boston.
The next generation of developments with the potential to reshape the Boston skyline are under threat from a combination of higher construction costs, rising interest rates and questions about the region’s housing market.
Brokers for the newest development in Boston’s Seaport District, 10 World Trade, say the distinctive design of the 555,000-square-foot tower will enable them to compete for leading industry firms as anchor tenants.
Construction of the $530 million 10 World Trade office-lab tower in Boston’s Seaport District is set to begin this year after two new investors joined the development team.
Somerville officials will begin a review next week of a proposed 596,000-square-foot office-lab tower in Assembly Square after the project cleared a hurdle with a waiver of required civic space on-site.
Greater Boston life science leasing hit a lull in the fourth quarter amid the nation’s largest lab development boom.
The Boston Planning & Development Agency Board of Directors gave the nod to the latest commercial project bound for the city’s Seaport District.