As it expands its restaurant point-of-sale systems into the hotel sector and new markets including the United Kingdom, tech vendor Toast Inc. is purging a portion of its real estate footprint in Boston.
The latest proposals for nearly 800,000 square feet of life science development in the Fenway are designed to meet the city of Boston’s goal of weaning commercial development off reliance on fossil fuels.
Alexandria Real Estate Equities’ search for promising growth corridors for life science outside of Cambridge has led to the Fenway with a $1.52 billion agreement to buy Samuels & Assoc.’s 1.8-million-square-foot portfolio, including plans for an additional 400,000-square-foot office-lab building.
Amid the Fenway neighborhood’s transformation from a disconnected sprawl of parking lots, gas stations and auto-related uses to a vibrant, mixed-use neighborhood, one building remained stubbornly in the past: The 1 million-square-foot former Sears building now called 401 Park.
Time Out Market has opened its newest food hall at 401 Park, Samuels & Assoc.’s redevelopment of the former Landmark Center in the Fenway. After debuting its food hall concept in Portugal in 2014, Time Out Market opened Miami and New York locations in May and will expand to Chicago and Montreal later this year.
Trillium Brewing Co. is moving to what it calls its “forever home” on the former Reebok campus in Canton while announcing expansion plans in the Fenway as well.
The owners of Time Out Market, have announced the lineup of vendors planned for the space, slated to open in the second quarter of 2019.
Dyer Brown’s restaurant practice has a long list of reservations. The Boston-based architecture firm recently completed projects for Red Heat Tavern’s newest location
A 506,000-square-foot office and lab building would replace the previously-approved plans for three apartment buildings containing 550 units at the Landmark Center in Boston’s Fenway neighborhood.
Tech startup Toast will more than double the size headquarters in the Fenway’s Landmark Center with plans to hire an additional 250 employees this year.
