Cambridge’s new Affordable Housing Overlay has had a tremendous and immediate effect on parcels already in nonprofit hands, adding over 400 new units of affordable housing to the pipeline in a year and a half.
With more than $1.9 billion in West Cambridge acquisitions since 2019, the Denver-based REIT Healthpeak Properties is poised to begin testing the city’s appetite for a second Kendall Square-like cluster.
King Street Properties and Healthpeak have begun construction of a new 160,000-square-foot life science building on Cambridgepark Drive.
