
Headwinds Delay Suffolk Downs Groundbreakings
The first building in the Suffolk Downs redevelopment is nearing completion, but the once-in-a-lifetime opportunity Revere officials saw is taking longer to materialize than first hoped.
The first building in the Suffolk Downs redevelopment is nearing completion, but the once-in-a-lifetime opportunity Revere officials saw is taking longer to materialize than first hoped.
Developers and brokers say a new, albeit small, pool of state funding called the “Momentum Fund” will break through a logjam that’s severely reduced groundbreakings of major multifamily projects.
In the latest financial fallout from the 2022 Government Center garage collapse, a Brockton contractor is seeking $8.8 million from the Bulfinch Crossing’s project’s developers.
The first building at the 16 million-square-foot Suffolk Downs redevelopment is nearing completion and has begun marketing 475 apartments for occupancy in June.
The Bulfinch Crossing development’s high-rise luxury tower has a new investor following a year-long marketing process.
Developers of State Street Corp.’s new headquarters say design flaws that failed to take into account Boston’s frigid winters forced them to sacrifice leasable space and drove up project costs.
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
A new group of investors has closed on a South Boston commercial property that could become part of a larger Dorchester Avenue redevelopment.
Tom O’Brien is not shy about taking on challenging projects. Now he faces another potentially daunting endeavor, as he pushes ahead with plans for a large lab and housing complex in Roxbury’s Nubian Square.
HYM Investment Group’s brand-new One Congress office tower officially opens today, the first in a big pulse of downtown Boston class A space being delivered over the next several quarters.
Biomanufacturing was supposed to be a big part of the next “Massachusetts Miracle,” but tenant requirements have been cut in half in the last year. But its believers have faith in the sector’s durability over the long term.
But in the wake of JPMorgan Chase’s $10.6 billion acquisition of the now-failed lender, local real estate executives say First Republic filled roles in the industry ecosystem that will be hard to replace.
HYM Investment Group CEO Thomas O’Brien makes his living tackling some of the most complex developments in Boston, transforming landmark properties into massive mixed-use projects like Roxbury’s P3, downtown’s Bulfinch Crossing and East Boston’s Suffolk Downs.
With little competition from new luxury high-rises in downtown Boston and stable rent trends, the pending sale of the Sudbury could set another record for multifamily investment sales.
The Boston Planning & Development Agency kicked off 2023 with 2.5 million square feet of approvals, including life science projects in the Longwood Medical Area, Allston and South Boston.
Suffolk Downs Suffolk Downs will open an 8,500-seat outdoor performance venue next spring in a partnership with concert promoter The Bowery Presents.
Portions of The Hub on Causeway and Bulfinch Crossing developments’ community benefits packages will be put toward ongoing repairs and redesign of the West End Museum.
An advisory group backed plans for a major commercial development that would tap into Boston’s life science boom and create an estimated 2,700 jobs in one of the city’s poorest neighborhoods.
A Brockton-based contractor faces $1.2 million in fines in connection with the partial collapse of the Government Center Garage in March, which led to the death of a worker on his first day on the job.
Developers received a $150 million construction loan for the first residential building at the former Suffolk Downs racetrack property.