Guy Fieri Opening Two Restaurants in Downtown Boston
Two restaurants by Guy Fieri will replace the Explorateur Cafe on the edge of Boston’s Theater District this summer.
Developer Submits 106-Unit Soldiers Field Road Project
A Chestnut Hill developer is seeking approval for a six-story multifamily complex amid a wave of projects transforming Soldiers Field Road.
Walsh Adds New Reporting Requirements for ZBA Members
An executive order by Boston Mayor Marty Walsh is adding new requirements designed to weed out conflicts of interest for the city’s zoning board of appeal following a city hall employee’s recent conviction for taking a series of bribes from a developer.
Boston Rent Increases Slow, City Statistics Say
Boston Mayor Marty Walsh says the city’s construction boom is bearing fruit in the form of slower rent increases.
Online OZ Marketplace for Impact Investors Launches
An online marketplace for impact investors looking to put money into “smart growth” opportunity zones has launched featuring seven Massachusetts communities, including Boston and Salem.
North End Office Building Sells for $13.2M
An office building on the North End waterfront has traded hands.
Boston’s Inclusionary Development Program Is Not a Panacea
IDP does not successfully address the more systemic, underlying issues of destabilized neighborhoods. But what it can do and has done is create needed affordable housing that would not otherwise be built.
Boston Mayor Wants to Study Apartment Broker Fees
Hot on the heels of a New York City law to ban broker fees in apartment rentals, Boston Mayor Marty Walsh says he intends to do the same thing.
East-West Rail Study Assumes Line Would Spur No New Development
A new state study of a high-speed rail connection between Boston and western Massachusetts would only draw several hundred new riders per day, but assumed the line would not spur new development or cause people to move.
Hot Property: TD Garden Renovation and Expansion
Gilbane Building Co. provided construction management at-risk services for the 157,000-square-foot renovation and expansion project at Boston’s TD Garden.
Could Boston Office Rents Hit $100 Per Square Foot?
After decades as a supporting cast member amid an epic surge of development, Boston’s office market is poised to take center stage over the next couple years, with record-breaking rents and a mini-surge in new tower construction.
Chiofaro’s ‘Pinnacle’ Rekindles Battle over Building Heights
The kickoff of formal review of a 865,000-square-foot office and residential tower at what developer Chiofaro Co. describes as “Boston’s front door to the world” is rekindling the battle over building heights on Boston Harbor.
Blackstone Buys Historic Office Property for $156M
Private equity investor Blackstone has acquired a historic office property overlooking the Rose Fitzgerald Kennedy Greenway for $155.65 million.
Walsh Seeks $500M for Housing Production Ramp-Up
Spotlighting housing costs as the biggest economic challenge facing Bostonians, Mayor Marty Walsh said he’ll push for a $500 million commitment toward housing.
Hines Gets $870M for South Station Tower
The 2.7 million-square-foot South Station air rights development is expected to get airborne in 2020 after decades of attempts to build offices and housing above the Boston transportation landmark.
Walsh Promises Action on Evictions in Boston
With a new action plan announced over the weekend, Boston Mayor Marty Walsh says he hopes to reduce the number of evictions in the city by 33 percent in subsidized housing and 25 percent in private housing over the next five years.
After Backlash, Boston Square With Slavery Ties Gets Renamed
Boston officials approved renaming the square in the historically black neighborhood of Roxbury to Nubian Square on Thursday, the city’s latest effort to reconcile its slave ties and past racism.
Walsh Signs Boston Transfer Tax Petition, Lobbies Beacon Hill
A day after signing a home rule petition that would allow Boston to impose a 2 percent transfer tax on expensive real estate sales, Mayor Marty Walsh headed to Beacon Hill to lobby for a second petition that asks for the ability to modify the city’s development linkage fees in real time.
Seaport District, Mission Hill Lead Property Value Increases
The value of Boston’s taxable real estate rose 78 percent to $164.5 billion between 2013 and 2019, spurred by new growth that accounted for 60 percent of new property tax revenues collected in fiscal 2019.
Boston Could Rename Square in City’s Heart
Boston officials are expected to consider renaming the square in a historically black Roxbury neighborhood in the center of the city to Nubian Square.
