State Targets Prevention Teams on COVID Hot Spots
State field teams will fan out across five communities that have recorded persistent dangerously-high transmission rates for COVID-19 as the state seeks to stamp out the disease.
Cities Announce 14 Miles of New Bus Lanes
The MBTA and city officials in Boston, Somerville, Everett and Chelsea will install up to 14 miles of dedicated bus lanes across the region through the spring, a project that they said will help minimize the risks of COVID-19 for bus commuters.
State Issues Map of High COVID-19 Infection Rates
Gov. Charlie Baker launched a new colored-coded system to label cities and towns based of the severity of their COVID-19 infection rates on Tuesday, initiating a targeted approach to virus containment that he said should help inform and guide the state, communities and their residents in making decisions about how to contain the coronavirus’s spread.
Encore Casino Places 3,000 Employees on Furlough
Encore Boston Harbor, the $2.6 billion resort casino in Everett, said Monday that it is placing about 3,000 of its employees on an indefinite furlough as it prepares to reopen under guidelines that limit the resort’s occupancy.
HarborOne Mortgage Opens Chelsea Office
Brockton-based HarborOne Mortgage announced today it has opened a branch office in Chelsea at 70 Everett Ave.
When Bad Housing Policy Turns Deadly
A handful of Greater Boston communities have become ground zero for the coronavirus pandemic in Massachusetts, thanks in part to the overcrowded conditions forced by too-high rent and too few rental units.
1 in 4 Area Families with Children Pay Half their Income for Housing
Nearly one out of every four families with children in 13 Greater Boston communities pay more than half their income for housing, while nearly 1 in 10 live in overcrowded conditions with more than two people per bedroom, a new report says.
Boston Developer Buys Harbour Pointe Portfolio in Chelsea for $71M
Boston-based North Colony Asset Management has acquired the Harbour Pointe portfolio, a group of commercial properties near the Kayem Foods factory in Chelsea for $71 million.
Davis Cos. Buys 18-Acre Chelsea-Everett Site for Redevelopment
An 18-acre property on the Chelsea-Everett border that’s home to a large produce wholesaler could be redeveloped as last-mile distribution space following its acquisition by The Davis Cos.
Report Offers Ideas to Deal with Climate Change-Driven Extreme Heat
Flooding isn’t the only threat Boston faces thanks to climate change: Extreme summer heat is in the forecast as the 21st century grinds on. In response, the Urban Land Institute is proposing a series of interventions to help area cities and developments cope.
Walsh: 30,422 Homes Permitted in Boston Since 2011
The city of Boston is nearly halfway to hitting Mayor Marty Walsh’s goal of creating 69,000 units of new housing by 2030, Walsh’s office announced earlier this week.
Boston Needs Ways to Live with Heat
Climate Ready Boston projects that by the year 2070 the temperature may reach 90 degrees Fahrenheit almost every day of the summer in eastern Massachusetts. The buildings and systems that we have created over the past 100 years were not designed to deal with such conditions.
Chelsea Industrial Parcels Sell for $28M
A group of Chelsea industrial properties housing a tannery have sold to a firm that supplies road salt to many Boston-area municipalities.
Chelsea Redevelopment Adds 34 Affordable Units
Redevelopment of the former French Naturalization Club property in Chelsea is generating 34 units of affordable housing, including eight units of supportive housing for formerly homeless families.
Boston’s Transportation Problems Benefit Gateway Cities’ Home Prices
Gateway Cities like Lawrence that are within bearable commuting distance of Boston’s core have seen demand for their houses soar as Boston homebuyers seek to avoid the hellish traffic and transit problems gripping the region.
Banker & Tradesman’s Editorial Cartoon: An Elevated Investment Outlook
What’s the best way to find new opportunities? Just sit back, relax and enjoy the ride.
Developers Have No Reservations About Revere Hotel Projects
Traditionally a lower-priced spillover market when Boston hotel rooms become scarce, the city of Revere suddenly is positioned to tap into a growing hospitality market in its own backyard, with a 1,000-room pipeline under construction or seeking approval, more than doubling the city’s existing room inventory.
590-Unit Mixed-Use Project OK’d in Chelsea
A long-stalled development in Chelsea could finally be moving ahead.
2018 Shatters Sale Price Records in Unlikely Locations
Congratulations Massachusetts, you’ve done it again – though December figures aren’t yet in, 2018 is going to smash the single-family home price record. And that record is only a year old.
Chelsea Company Penalized for Improper Asbestos Removal in Ayer
An asbestos removal company faces a $28,500 penalty because the state says it violated regulations during a project at an occupied Ayer residence,.
