Shoppers World Set for Third Act
As the owner of one of America’s first shopping mall properties seeks to add multifamily housing, the city of Framingham is once again debating where – and whether – it should add new homes.
Groundbreaking Work in a Decarbonization District
As natural gas bans proliferate in Greater Boston communities, utilities are stepping into the search for fossil fuel-free heating and cooling systems. In Framingham, Eversource is set to start work on an experiment with ground-sourced heat pumps.
Multifamily Projects Return to Framingham After Moratorium
The first large apartment complex has been proposed in Framingham since the city’s 15-month multifamily development moratorium expired.
King Street Sells Framingham Portfolio to Pension Fund
Major life science developer King Street Properties has sold three Framingham properties to the investment arm of a major Canadian pension fund.
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.
Framingham Mayor Vetoes Apartment Moratorium
Framingham Mayor Yvonne Spicer has rejected an attempt by the City Council to freeze approval of new multifamily developments in the city.
Framingham Multifamily Project Lands $47M Loan
A proposal to convert a former shoe factory in Framingham to 258 market-rate and affordable apartments has landed construction financing.
Framingham Apartment Freeze Could Upend City’s Revitalization
Framingham’s City Council looks at 1,400 new apartments downtown and sees not new life, new residents and a newfound vibrancy, but rather trouble ahead in more traffic on city roads and more students in city schools.
Staples Sells Framingham HQ for $16.5M
Struggling office supply retail chain Staples has sold its Framingham headquarters to a major, New York-based REIT.
Pedestrian-Friendly Mixed-Use Pitched for Framingham Shopping Plaza
A retail plaza at a key intersection in northern Framingham could soon be redeveloped into a village center-style retail and multifamily project.
Developer Relocates to Framingham Office Property
A real estate developer that specializes in industrial acquisitions has relocated to a new headquarters space in a Framingham property that it acquired earlier this year.
TJX: Acquisition Means Long-Term Commitment to MetroWest
The $120 million acquisition of a Framingham office building is a sign of TJX Cos.’ long-term plans to grow in its MetroWest home base.
Marijuana Growing Operation Pitched for Framingham Farm
A Framingham farm could become the latest marijuana growing facility in Massachusetts under a plan to be put to the city’s planning board tonight.
King Street Properties Named ‘Landlord of the Year’
Suburban life science developer King Street Properties has been named “Landlord of the Year” by the membership of the Greater Boston Real Estate Board Commercial Brokers Association.
A Business Model Built for the Long Haul
The apartment business runs in the family at The Hamilton Co., the Allston-based landlord and developer founded by the late Harold Brown. His son Jameson, after working as a real estate agent in Boston, joined the company in 2009. Following his father’s retirement in November 2017, Jameson Brown was named co-CEO along with Chief Financial Officer Andy Bloch.
Northland Sells Westborough Apartment Complex for $130M
A San Francisco multifamily real estate investor has made its first acquisition in Greater Boston, paying $130 million for a 562-unit apartment complex in Westborough.
Framingham Apartment Complex Sells for $227M
A Framingham apartment complex overlooking the Foss Reservoir has sold for $227.05 million.
Census Data: 82 Percent of MA Communities Growing
The state’s U.S. Census liaison is reporting “encouraging numbers” about population growth ahead of next year’s Census, with the largest population increases since the 2010 Census in the cities of Boston, Cambridge, Somerville, Everett and Lowell.
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.
While Boston Market Tightens, MetroWest Rents, Home Prices Still Affordable
Communities west of Boston and near Interstate 495 continue to enjoy commercial rents and home prices well below averages in the metropolitan area despite steady population growth, according to a new report.
