Riverview’s Demise Highlights Condo Hazards
As demolition wraps up at the Riverside condo tower in Cambridge, the land begins to head towards a sale – possibly to a new developer.
Cottonwood Loans $122M for Charlestown Housing Redevelopment
The next building in the redevelopment of Boston’s Bunker Hill public housing complex has been financed, including a $50 million contribution from the city of Boston.
Housing Starts to Fill Up Office Parks
Developers are pursuing plans for nearly 4,000 homes on sites currently occupied by office buildings, and more are in line for empty parcels in the same commercial parks.
Lender Takes $72M Charge-Off on Cambridge Courthouse Conversion
Prolific commercial real estate lender Bank OZK told investors Wednesday it’s taking a $72 million loss on the construction loan for the 40 Thorndike St. office tower.
Lab Developers Seek Swap for 935 Housing Units
Owners of stalled lab development sites in Burlington and Woburn are seeking zone changes enabling them to build up to 935 housing units instead.
One Lincoln Raises Stakes with $100M Office Upgrades
When close to 1,000 HarbourVest employees head to the office, they have access to an amenities package worthy of a luxury condominium tower.
State to Match $110M Boston Housing Accelerator Fund
Boston Mayor Michelle Wu Tuesday announced that a planned housing accelerator fund for investing in housing developments will grow in size.
Healey Scraps $1B Boston Lab Project, Pivots to Housing
The Healey administration abandoned plans for life science towers at a state-owned Brutalist landmark in Boston’s West End and pivoted to a new development plan prioritizing housing production.
LMP Hits Pause on Somerville Lab Project
A third major Somerville lab development is hitting the brakes amid the growing glut of life science space in the city.
Art Infuses Amenities at South End Development
Developers have completed construction of The Smith No. 99, a 304-unit complex that promotes one of Boston’s most extensive amenity packages including a two-story roof deck and private business conference rooms.
Hot Property: The Vale
Road and utility work and demolition of the former Kraft Foods Atlantic Gelatin factory buildings in Woburn has cleared the way for a mixed-use project by Leggat McCall Properties.
For Renters, the Worst Is Yet to Come
Renters looking for an apartment as Boston’s all-important September lease rollover date approaches face daunting challenges – even by the standards of the region’s typically competitive market.
Healey Heeds the Housing Call
In a break from Gov. Charlie Baker’s approach, Governor-elect Maura Healey has vowed to give housing developers top priority as the state seeks to accelerate surplus property sales in the new administration.
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.
Preservationists Back Hurley Redevelopment Design
The Boston Preservation Alliance says it supports developer Leggat McCall’s proposal to turn a Boston Brutalist landmark into labs, 200 units of housing and new offices for state agencies.
Hot Property: 15 McGrath Highway
Despite the general softening of the local life science real estate market, a major pension fund has decided to back Somerville’s latest spec lab high-rise.
Somerville Lab High-Rise Lands Financing
Despite the general softening of the life science real estate market, a major pension fund has decided to back Somerville’s latest spec lab high-rise.
Lab Tower Proposed at Gateway to Somerville
Developers unveiled designs for a 242,000-square-foot life science tower rising among a stretch of strip malls and parking lots along Somerville’s McGrath Highway.
Somerville Lab Tower Recapitalized for $478M
Developers of the first major life science building in Somerville’s Boynton Yards have recapitalized the property in a $478-million deal with a San Francisco investor joining the ownership.
Boynton Yards Lab Building Gets $246M Construction Loan
A 353,000-square-foot lab project will begin in Somerville’s Boynton Yards after receiving $246 million in construction financing.
