Upzoning Starts to Deliver Windfalls in Cambridge
As the Cambridge City Council debates additional upzoning to encourage multifamily development, recent real estate transactions illustrate the dramatic increases in developer interest.
As the Cambridge City Council debates additional upzoning to encourage multifamily development, recent real estate transactions illustrate the dramatic increases in developer interest.
A $10.5 million real estate deal with Lesley University creates an opportunity for a major affordable housing development in Cambridge’s Porter Square.
A vision to turn West Cambridge into a second Kendall Square is coming apart amid record lab vacancies across the region, as the fundamentals of development look set to shift back in favor of multifamily housing.
A Chestnut Hill developer that acquired a Cambridge commercial property in late winter is seeking approval for a 56-unit condominium development near Porter Square.
An apartment complex completed in 2022 near the MBTA’s Alewife Station was acquired by an institutional investor for $182 million.
A 3-story addition to the Crimson Galeria building will create 38 new apartments in Harvard Square. Nauset Construction recently began installation of 42 micropiles and structural steel upgrades to support the addition.