Somerville is preparing to tackle lingering retail storefront vacancies and the displacement of local businesses that threaten to sap vibrancy from its commercial districts even as a sizable development pipeline is poised to bring a boost in foot traffic to prominent squares.
Student housing specialist Scape is opting for a 188,000-square-foot life science project at a Somerville property where it previously had floated plans for a 250-unit multifamily development.
Boston has become a sea of cranes, but not every building is a slam-dunk. Here’s why these six projects have languished.
Today caps off another momentous year in Massachusetts’ commercial real estate landscape, with massive new projects rising across downtown and in once-unremarkable neighborhoods. Here are our five most popular commercial real estate stories from 2019.
From a booming life science industry spreading further out from East Cambridge to new multifamily housing models and an e-commerce-fueled explosion in interest in distribution facilities, here’s what drove demand in 2019.
You can get a tattoo, a vaping rig, a comic book action figure and a $3 slice of pizza all in a short stroll through Somerville’s Davis Square, a neighborhood that’s balanced gentrification with a defiant indie sensibility. Now big institutional real estate investors are discovering the square, eyeing opportunities to build dorm-style housing and shake up stagnant retail tenant rosters.
A North Carolina retail developer has expanded its Somerville holdings with the nearly $40 million purchase of a group of commercial properties in Davis Square.
A British co-housing developer planning a billion-dollar pipeline of dorm-style private academic housing projects in Greater Boston has acquired three properties in Somerville’s Davis Square for nearly $10 million.
A Rhode Island man was indicted today by a federal grand jury in Boston in connection with the May armed bank robbery in Somerville that resulted in shots fired.
The man who allegedly shot at Somerville police officers responding to a robbery at the Davis Square Middlesex Federal Savings Bank branch, sending the neighborhood into a lockdown, has been captured.
A bank robber put Somerville’s Davis Square neighborhood into lockdown Wednesday morning after allegedly firing shots at Somerville police officers.
A 100 percent leased retail and office building in the heart of Somerville’s Davis Square has been sold for $39 million to Asana Partners of Charlotte, North Carolina.
Coworking provider Spaces will open its second Boston-area location next month in Davis Square.
