Even after the pandemic ends, most predict that demand for outdoor space, even if it’s only a sliver, will remain a high priority for many urban tenants concerned about their health and general well-being.
A developer that’s active in Boston and Quincy multifamily projects is changing its name to reflect its emphasis on sustainable building practices.
Creating more holistic environments for people living in cities, particularly in the era of COVID, has caused real estate developers, architects and designers to look at building design with a fresh lens to determine what are the essential criteria for a more hospitable environment.
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.
The stakes are high for developers who are wrestling with how to make high-density urban living attractive to potential buyers and tenants, amid lingering questions about the length of the pandemic and its effects on the housing market.
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.
A Cambridge tech company’s steady expansion could anchor the office portion of a high-visibility air rights development at the western gateway to Back Bay.
A pair of office and hotel towers could break ground near the western end of Newbury Street early next year, flanking a new pedestrian plaza and stairway leading to an elevated terrace overlooking the Massachusetts Turnpike.
Developer Gerding Edlen has sold its 378-unit Troy Boston apartment tower in Boston’s South End for $216.1 million, or nearly $572,000 per unit, to Equity Residential.
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.
Portland, Oregon-based developer Gerding Edlen has opened its first Boston office at 177 Huntington Ave. in Back Bay as it expands its local presence.
A 280-unit Quincy apartment tower that touched off a three-year federal lawsuit on the reasons for its poor leasing performance during the housing collapse has been acquired for $89.5 million by Gerding Edlen, a Portland, Oregon-based developer.
