Pennrose Gets $33M Construction Loan for Allston Development
An Allston mixed-use project received $32.9 million in construction financing for the 88-unit housing component.
BGI Pursues Quincy Center Multifamily Project
A Boston-based developer known for its Seaport developments is entering Quincy Center’s multifamily building scene with a proposed 7-story apartment complex.
Block-Sized Housing Development Proposed at Assembly Row
Assembly Row owner Federal Realty Investment Trust is ready to build another 318 housing units at the Somerville mixed-use development, replacing a temporary parking lot currently used by customers of its retail tenants.
Housing and Performance Space Proposed at JP Church
A multifamily developer that’s active in adaptive reuse projects throughout New England proposes 55 housing units and performance space at Jamaica Plain’s Blessed Sacrament Church.
Pennrose Pioneers New Housing Models
Penrose, under Regional Vice President Charlie Adams, is making a name for itself as a developer of creative housing models throughout the East Coast. Locally, it’s working on unique projects in Jamaica Plain and Chelsea.
Can Lexington Get HIP?
Lexington is taking steps to make life science development more attractive amid rising competition from nearby suburbs and expanding clusters in Boston, Somerville and Watertown.
Hot Property: 91 Hartwell Ave.
Lexington officials have approved construction of a mixed-use campus at 91 Hartwell Ave. containing 125,000 square feet of office space and 95,000 square feet of class A lab facilities.
Housing to Replace Car Wash, Tow Lot in Allston-Brighton
Resuming their busy approval process after adjusting meeting and public comment protocols, Boston Planning & Development Agency directors gave the go-ahead to 354 housing units, including 254 at a trio of projects in the active Allston-Brighton submarket.
Lexington Spec Lab Building Lands Anchor Tenant
A $45.5 million speculative lab development in Lexington has landed an anchor tenant in Cambridge-based Wave Life Sciences.
