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.
New Investor Joins Cambridge Courthouse Project
The 475,000-square-foot Sullivan Courthouse redevelopment in East Cambridge will be ready for occupancy in fall 2023 after the addition of a new investor, developers said.
Leggat McCall Unveils 330K SF Designs for One Boynton
Leggat McCall Properties is proposing a 330,000-square-foot office-lab tower in Somerville as the next phase of its Boynton Yards master-planned development.
Leggat McCall Makes $60M Acquisition in Boynton Yards
Leggat McCall Properties and DLJ Real Estate Partners are expanding their real estate footprint in Somerville’s Boynton Yards again with the $60 million acquisition of a pair of parcels including Riverside Properties’ 561 Windsor St. which is the home to Taza Chocolate and tech startups.
Somerville Board Supports 384K SF McGrath Lab Project
Somerville officials have backed a developer’s plans for a life science development wedged between the MBTA Green Line Extension and McGrath Highway.
Boynton Yards Gets First Major Biotech Lease
Cambridge-based biotech investor Flagship Pioneering has picked Somerville’s Boynton Yards to establish a life science research cluster, leasing 208,000-square-foot lease for a group of its companies at Leggat McCall Properties’ 101 South St. development.
‘Boynton Gateway’ Calls for 337K SF Office-Lab Project
A joint venture of CV Properties and Columbia Property Trust is finalizing plans for the latest life science development in Somerville’s Boynton Yards.
