Shutdown Squeeze Ups the Odds of a Mass. Recession
Facing waves of federal funding cuts, Massachusetts’s financial picture was already looking bleak as October approached. Then, Congress entered a budget stalemate, adding uncertainty to the mix.
Will Higher Ed Building Projects Flunk the Test?
Higher education is a backbone of Greater Boston’s construction market, but cracks are starting to show and many schools are focusing on renovations instead.
Hot Property: Warren Towers Renovations
Shawmut Design and Construction is beginning a new phase of the $550 million renovation of Boston University’s Warren Towers as students return to campus.
BU Unveils Mass Timber Tower that Could Become State’s Tallest
BU’s Pardee School of Global Studies would occupy the 12-story tower at 250 Bay State Road, consolidating classrooms and offices spread across the Charles River campus.
BU: No Current Plans for City Realty Tower Site
Boston University has no current plans for the site of an approved apartment tower project it just bought in Allston.
BU Reveals New Face for Warren Towers
Boston University is preparing to update the city’s largest dorm complex which houses 1,800 undergraduates.
Fed Rate Cuts No Panacea for Banks
Despite signals that the Federal Reserve will likely cut interest rates this year, banks will still find it tough to keep high deposit rates from eating into their profit margins, observers say.
Hot Property: BU Student Health Services
A 21,500-square-foot renovation project created an expanded student health care service facility at Boston University.
Study: White, Male Homeowners Overrepresented on Land-Use Boards
Massachusetts boards that oversee local land use and construction are typically dominated by white male homeowners, a recent study from Boston University researchers found.
Toll Brothers Lands in Boston with Apartment Tower Deal
A $226 million construction loan will jumpstart construction of a 34-story apartment tower on Huntington Avenue in the Fenway.
Access Road Is Key Sticking Point for Exchange South End
Members of an advisory group pressed The Abbey Group on the timing of road work required for its 1.6-million-square-foot Exchange South End life science development, including a connection to Frontage Road designed to minimize congestion on Albany Street.
Universities to Bring Back Students, a Boon for Landlords
Northeastern University and Boston University released messages from senior leaders in recent days announcing their intention to return to traditional, in-person classes starting this fall, even though COVID-19 may not be fully eradicated by then.
Kenmore Square Hotel Sells at a Loss
The owners of Kenmore Square’s Hotel Commonwealth have unloaded the property at a discount amid continuing softness in the regional hotel market.
Boston Colleges to Lease Over 1K Hotel Rooms for Students
Local colleges have submitted plans to lease more than 1,000 rooms at Boston hotels for the upcoming school year, throwing a lifeline to one of the hardest-hit property sectors during the COVID-19 pandemic.
Harvard Plans All-Online Classes, Limited Housing
All undergraduate and graduate courses at Harvard University will be taught online this fall, and the school will open campus to house up to 40 percent of its maximum capacity in dormitories, officials announced Monday.
Data Sciences Project Drills Down on Sustainability
Boston University’s Center for Computing and Data Sciences has drawn comparisons to a monumental game of Jenga for its distinctive design, but its larger legacy could be serving as a model for sustainable buildings in an urban setting.
Watch BU’s New Tower Carefully
An exciting building will soon rise over Commonwealth Avenue, which could offer some key clues for a real estate industry looking to adapt to climate change.
Pennsylvania Developer Buys Suffolk Microunit Dorm For $75M
An Allston micro-apartment building that’s been used as dormitory space by Boston University and Suffolk University for the last three years has been acquired by a Pennsylvania developer for $75 million.
NIMBYs Paralyze Housing Development
A relatively small group of NIMBY homeowners has paralyzed the housing market in the suburbs of Boston, choking off new construction and driving up prices and rents.
A New Leadership Role for CRE Industry Voice
Tamara Small has been the commercial real estate industry’s leading voice on Beacon Hill in her role as senior vice president of government affairs for NAIOP Massachusetts.
