Will Mass. Take a Pass on Data Centers?
Gov. Maura Healey’s decision to give Massachusetts communities veto power over data center development could ring the death knell for a construction boom before it starts.
Workers Credit Union Building Lowell Branch
Workers Credit Union will be building a new branch in Lowell while it closes its newest one in the city.
Cities Prod Landlords with Vacant Storefronts
Boston’s angling to be the latest city to try and spur more action from retail landlords with long-term vacancies. Here’s what’s worked elsewhere.
‘Couldn’t Come at a Better Time’: Six Gateway Cities to Get Economic Boost in Downtown Districts
Malden and five other cities have struggled to draw investment to its blighted downtown areas. But thanks to a new partnership with MassDevelopment, locals hope that’s about to change
Gateway Cities Bid for Self-Reliance
In the Gateway Cities, self-funded business improvement districts are picking up the slack to keep downtown areas fresh after weathering the pandemic.
Lowell Wants You – and We Have the Plan to Prove It
Lowell is on the cusp of big things. Immediate opportunities to invest in Lowell are on the table, and we want to invite you to take a deeper look.
Recipes for Reviving Lowell’s Retail Scene
Under Allison Carter’s leadership, rent subsidies, forgivable small business loans and short-term leases are on order for renewing Lowell’s downtown retail landscape following a spike in vacancies.
Lowell Mixed-Use Building Sold for $2M
A four-story mixed-use building at 177-181 East Merrimack St. in Lowell recently changed hands for $2 million.
State Lawmakers Say Cambridge ‘Maxed Out,’ Want Biotech Aid for Gateway Cities
Two Democrats who have a chance to stamp their mark on Gov. Maura Healey’s $3.5 billion plan to reinvigorate the state’s business climate want the benefits to stretch beyond the Boston metropolitan area.
Local Leaders Fret Over Accessory Units, Local Control
The Massachusetts Municipal Association supports Gov. Maura Healey’s policy-heavy, $4 billion housing bond bill, but there are pockets of concern among local leaders as the state deploys other carrots and sticks to generate more construction.
Hot Property: Western Avenue Studios
Lowell’s Western Avenue Studios is one of the initial recipients of Massachusetts College of Art and Design’s Common Good Awards, which recognize the inclusion of arts and culture in civic life.
A Harmonious Partnership in Merrimack Valley
Joann Kalogianis Spaneas and Demetrius Spaneas have built a successful husband-and-wife partnership in developing and selling luxury properties north of Boston. The firm’s projects include redevelopment of a Lowell mill and raising equity for a planned hotel.
Regional Transit Riders Deserve Their Fair Share
It is essential that this new source of revenue be used to strengthen transportation infrastructure, and RTAs are key in realizing a robust transit system that delivers for all residents.
Can Gateway Cities Weather a Downturn?
The adage across all commercial real estate during economic cooldowns is a financial flight to quality – high-end buildings in the urban core. That might not be the case this time around.
Jeanne D’Arc Credit Union Breaks Ground on Lowell Project
Jeanne D’Arc Credit Union has started construction on a new office building as part of a development in Lowell’s Acre neighborhood that will include more than 30 condominiums.
This Month in History: Urban Renewal in Lowell
Following the decline of the textile mill industry in the mid-20th century, the city of Lowell turned to urban renewal to revive its economy.
Economic Experts See Payoff From Equity Investments
With the legislature and local governments beginning to make decisions on how to spend billions of dollars in federal relief funding, two economic experts on Thursday urged policymakers to be mindful of equity as they chart a path forward for recovery from the COVID-19 pandemic.
Lowell Seeks Ballpark Rehab to Boost Visitors
Following the Boston Red Sox, decision to shutter its Lowell Spinners minor-league affiliate team, city officials hope renovating the team’s former ballpark can help lure a new team back.
Lowell Called Out, But Look for Extra Innings
The Red Sox’s Christmas gift for the city of Lowell came early last month. Unfortunately, it was a lump of coal. The Sox ended a 26-year affiliation with the Lowell Spinners, hurting the city’s economy.
Tax Benefits for Gateway Cities Projects Abound
Real estate investors should pay special attention to downtown areas of Brockton, Fitchburg, Lowell, Lynn and Worcester, where overlapping HD zones and Opportunity Zones are within walking distance of commuter rail stations.
