115 Apartments Proposed in Readville
A Dorchester development team proposes 115 apartments on an industrial site steps from the MBTA’s Readville station.
Shawmut Hires Former BPDA Official
As part of a strategy to expand its growth in New England, Shawmut Design and Construction hired a former Boston Planning & Development Agency official and a life science specialist as new business development leaders.
Pols Press Developer on Exchange South End Delays
Federal transportation officials continue to oppose a connection from the former Boston Flower Exchange property to Interstate 93, a requirement for full buildout of a 1.6 million-square-foot life science campus.
Flatley Co. Touts Redesign of Charlestown Waterfront Project
The Milton-based developer has been seeking approval since late 2021 for eight buildings totaling 1.8 million square feet including a hotel, office-lab space and housing at the 20-acre site on the Mystic River.
Sheraton Dorm Conversion, East Boston Rezoning Advance
Conversion of the Sheraton Boston’s south tower into dorms for 856 Northeastern University students and a rezoning plan for East Boston received approval from city officials, along with two lab projects.
Tropical Foods Cries Foul on Housing Project
Owners of a Roxbury grocery store that partnered with a local nonprofit on a redevelopment say a housing tower that’s planned in an upcoming phase violates a decade-old agreement and will harm its business.
Neighbors Challenge Skanska’s Back Bay Office Tower Plan
Back Bay condominium owners are appealing a Superior Court decision that backed developer Skanska’s plans for a 26-story office tower on an adjacent property.
Brighton Complex Slated for Mixed-Income Redevelopment
Another Boston public housing complex is slated for redevelopment as a mixed-income complex that would add 200 apartments to the site.
Downtown and Mattapan Rezoning Plans Advance
Rezoning plans for downtown Boston and the Mattapan neighborhood moved forward in a strategy designed to encourage post-pandemic reinvestment and housing production.
BPDA Approves 2.4M SF of Development Projects
Seven projects totaling nearly 2.4 million square feet received approvals from the Boston Planning & Development Agency, including the largest affordable condominium project in Back Bay history and a $1.1 billion makeover of public housing in South Boston.
Real Estate Developers Rally Around Midwood Project
Boston restaurant owners, business groups and commercial real estate developers argued that a proposed office tower that’s been subject to a lengthy review is a necessary element of downtown’s post-COVID recovery.
BPDA Approves 656 Housing Units, New Harvard Theater
Developers received approval for 656 housing units at a series of multifamily projects planned across Boston, including a new American Repertory Theater that will provide 275 housing units for Harvard students and staff.
Trinity Financial Named Top Pick to Develop Charlestown Property
Boston-based Trinity Financial is the recommended pick for a $495-million development at a Charlestown property that is the first major test of Mayor Michelle Wu’s program to turn surplus municipal real estate into affordable housing.
Developers Propose 90 Apartments Near Audubon Circle
Owners of a century-old Audubon Circle parking garage...
BPDA Approves On the Dot Development, Office Conversion Incentives
Following over two years of review that prompted major changes, Boston-based Core Investments received approval to build 11 commercial and residential buildings totaling nearly 3.8 million square feet on South Boston’s Dorchester Avenue.
King Street Plans Spec Labs, Manufacturing on Western Ave.
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.
Critics Say PLAN: Charlestown Is Recipe for Gridlock
Charlestown neighborhood activists portrayed their neighborhood as choking on traffic and overdevelopment in objecting to a rezoning plan that could bring more high-density commercial projects and housing.
Land for Sale Cheap, With Strings Attached
A formula that includes discounted land acquisition costs, federal ARPA funding and promises of fast-track permitting will be tested as Boston begins to offer surplus properties for multifamily development and try to put a dent in housing costs. And a separate state program could follow next year.
Jemison Says Developers Won’t Be Penalized for DEI Disclosures
Boston Planning & Development Agency Director Arthur Jemison said project approvals won’t be delayed by developers’ disclosures about their diversity strategies, despite the agency’s elevated emphasis on increasing equity in the local commercial real estate industry.
Personnel File – No. 327
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
