Related to Propose South Boston Labs
An affiliate of Related Beal hopes to add more lab space to a second biotech cluster in South Boston anchored by the redevelopment of the L Street Power Plant property.
BXP: Pru Observatory Expected to Become Event Draw
The pending reopening of a new observatory at the Prudential Tower is attracting widespread interest as Boston’s newest location for private events with commanding views, Boston Properties executives said.
BU Details Revamp of Warren Towers, New Lab Complex
Boston University officials have outlined plans for six real estate projects expected to take place over the next 11 years, including a new lab tower and installation of air conditioning for the Warren Towers dorms.
BPDA Approves Plans for Hotels and Life Science Buildings
The Boston Planning & Development Agency approved 1.6 million square feet of projects, including a pair of hotels and new lab buildings in the Leather District, Fort Point and the marine park.
LINX Labs Seek Expansion in Watertown
The owner of one of the first major life science developments in Watertown has proposed a second building that would bring the combined complex up to 290,000 square feet.
Boynton Yards Proposes 12-Story Lab Building
After leasing up their first lab tower and receiving $246 million in construction financing to start a second, Boynton Yards developers are moving forward with a third lab tower in the 1.9 million-square-foot master-planned project.
Greystar Launches Lab Pipeline in Somerville
The nation’s largest apartment developer chose Somerville for its entry into life science development, kicking off its first project in the emerging Assembly Square lab cluster.
Boston Extends Lead in Life Science Talent, Development Pipeline
Greater Boston towers above the competition among U.S. metros in its lab development pipeline, while remaining the nation’s top talent cluster in the industry.
Bakery-to-Biotech Redevelopment Gets $194M Construction Loan
A redevelopment of the Au Bon Pain headquarters in South Boston’s marine park for Ginkgo Bioworks received $194 million in construction financing from Citizens Bank.
Cities Take Second Look at Lab Safety Rules
Some Boston-area communities that resisted or prohibited labs from researching higher-risk pathogens are starting to reconsider as the region’s biotech boom speeds on.
Seaport Lab Construction, Conversion Get Go-Ahead
Boston Planning & Development Agency officials approved two new life science projects in the Seaport District, including one that’s already landed an anchor tenant, and construction of 255 housing units.
No Lab Rent Relief Seen Before 2023
A projected 18 million square feet of lab space is scheduled for completion in Greater Boston in 2023, potentially tempering the skyrocketing rent increases being driven by the life science industry’s space demand.
Worry About the Explosion of Lab Projects, But Not Safety
There’s seemingly a new lab project under construction on every street corner in Boston and Cambridge, with everyone and their brother looking to cash in on the life-sciences boom. But there are growing signs a backlash is brewing.
Hot Property: DOTLabs
A conversion of two industrial buildings in South Boston will make 140,000 square feet of tech and life science space available for occupancy in mid-2022.
Allston Mixed-Use Project Plans 400K SF of Lab Space
A two-building, mixed commercial-residential project next to the planned Allston Landing development could bring nearly 400,000 square feet of lab space to the neighborhood if approved.
Kenmore Project Seeks to Shift on the Fly to Labs
Related Beal seeks to expand the Fenway’s lab space inventory with changes to its 300,000-square-foot redevelopment in Kenmore Square.
Hot Property: 66 Galen St.
Boston Development Group is seeking approval for a life science campus after acquiring a series of parcels along Galen Street previously occupied by the Colonial GMC Buick dealership, a service station and oil change facility.
Joint Venture Proposes Cambridge-Crossing Adjacent Lab Building
DLJ Real Estate Capital Partners and Leggat McCall Properties have teamed up again, this time to pitch a 9-story lab building along the McGrath Highway.
Alexandria Files Plans for 370K SF Kendall Lab Building
As the life science sector continues to remain one of the few bright spots in Greater Boston’s commercial real estate market during this recession, Alexandria Real Estate Equities filed plans to add a 370,000-square-foot infill office/lab building in Kendall Square.
Worcester Ballpark-Adjacent Development to Shrink
Worcester officials say a planned five-building development accompanying the under-construction Polar Park AAA baseball stadium will be delayed by a year or more and will lose about half its hotel rooms.
