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 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.
A leading life science developer is taking over redevelopment of an Assembly Square site with plans for a larger office-lab project than was originally approved by Somerville officials in 2018.
Two developers that compete for global icons such as Facebook and Google as tenants in Cambridge’s Kendall Square find themselves on the same side of the table for a change, with one poised to gain approval for an additional 800,000 square feet of office-lab space in the tech mecca.
One of Boston’s biggest life science REITs declared they are pulling back on planned construction spending for the rest of the year.
