Retail vacancies are dropping and the number of restaurants and new, diverse businesses are rising, but downtown property owners need lenders’ help to confront broader headwinds.
The Downtown Boston Business Improvement District has announced a three-year effort to “forge [a] new identity” for the neighborhood.
Boston Mayor Michelle Wu announced the distribution of $2.8 million in grants to city small businesses Tuesday, with the aim of helping them expand downtown.
Equal parts community center, art gallery and music venue, Downtown Crossing’s newest storefront is a leap of faith by a commercial landlord on the future of Boston retail space.
Boston Mayor Michelle Wu’s office has announced a new grant program that hopes to turn vacant downtown storefronts into growth opportunities for minority and women entrepreneurs.
We are about to see whether Boston Mayor Michelle Wu can make some headway on bringing new life to storefronts emptied out by the pandemic.
The Downtown Boston Business Improvement District’s pedestrian-traffic sensors have clocked a 95 percent increase in foot traffic since December 2020.