Vicinity Energy touted the launch of its carbon-free “eSteam” service to Boston commercial developers including the $1-billion Fenway Center lab project, as it begins converting its Cambridge cogeneration plant from gas to electric power.
The last wave of changes in Boston’s Fenway replaced beloved nightclubs and quirky retailers with luxury housing towers. The next transformation is being driven by life science developers setting out to “conquer” new territory.
The latest proposals for nearly 800,000 square feet of life science development in the Fenway are designed to meet the city of Boston’s goal of weaning commercial development off reliance on fossil fuels.
An anti-gun violence activist, John Rosenthal may be best known for the Stop Handgun Violence billboard that used to hang along the Turnpike as it passed Boston’s Kenmore Square. Now maybe it’s finally time to start taking Rosenthal seriously as a developer as well.
A well-capitalized life science developer will add a Kendall Square flavor to the Fenway with a pair of office-lab towers accelerating the growth of the neighborhood’s life science cluster.
A life science developer that made its first Greater Boston acquisition in February has expanded its local portfolio with the $54 million acquisition of a transit-oriented property in West Cambridge.
Resident move-ins have begun at the Bower, the first phase of the 1.3-million-square-foot Fenway Center air rights development that’s been in the works for nearly two decades.
A newly-formed REIT that recently raised $770 million for acquisitions in Greater Boston and other life science hubs has made another local acquisition.
As the initial residential phase of the Fenway Center air rights projects prepares to open this spring, developers received approval to build a pair of office-lab towers totaling 720,000 square feet on a deck above the Massachusetts Turnpike.
The second and larger phase of an air rights development above the Massachusetts Turnpike would eliminate multifamily housing while adding more office and lab space to meet life science industry growth in the Fenway.
As real estate executives and tradespeople crowded into a tent for a groundbreaking ceremony last week, developers John Rosenthal and Kelly Saito shared a congratulatory hug to mark the long-awaited kickoff of the Fenway Center development.
The initial $240 million phase of the Fenway Center development is finally under way with groundbreaking for 315 apartments in two buildings off Brookline Avenue.
