With data in hand showing improvement in Downtown Boston’s office and retail markets, Downtown Boston Alliance President Michael Nichols credits the residential market as a key factor to a sustained recovery.
Boston office-to-residential conversions are in danger of getting too expensive. Developers rushing into the space are bidding up the price of the few financially feasible buildings left.
Nearly two decades after Barnes & Noble exited Boston’s Downtown Crossing, a new ownership team is seeking to reactivate the office-retail property with new tenants.
Vying for one of the last Big Dig remnant parcels in Boston, six development teams are balancing the usual decisions about a market-ready mix of property uses with new elevated standards for diverse design and project ownership teams.
Six developers have submitted proposals for a state-owned parcel at the doorstep to downtown Boston, and in keeping with the dominant trend in local commercial real estate, five include a lab component.
The pandemic’s blows to the hospitality industry are prompting developers of a 230-room hotel approved for Boston’s Leather District to change course and propose 115 housing units instead.
In the wake of nation-wide protests and, in some cases, clashes with police and looting, local and national figures in the real estate and banking industries have largely condemned the violence alongside the killing of a Black Minneapolis man while in police custody.
What must occur for the Baker administration to deploy the heavy artillery in their arsenal? Do we need 500,000 people in default or 25 percent unemployment in order to act?
Dire prospects for Massachusetts’ restaurant industry are prompting calls for lawmakers to slash taxes and require that insurers cover business losses from the coronavirus epidemic.
Massachusetts restaurant landlords are scrambling to cope with “inevitable requests” for rent relief as they brace for an extended period of shuttered establishments.
Sebastian Colella remembers when it was easy to distinguish the difference between “boutique” hotels and “traditional” hotels run by large hospitality companies.
Boston Planning and Development Agency directors approved a 230-room hotel at the site of a former Leather District nightclub and 193 housing units, including 81 income-restricted units.
Boston’s hotel development boom is spilling into the South Station neighborhood.
A dilapidated former nightclub property in Boston’s Leather District could be redeveloped as a 20-story hotel by Boston-based Hudson Group.
