MIT Completes $750M Kendall Square Acquisition
The purchase marks a key milestone in the university’s plans to build eight buildings totaling over 3 million square feet of development in the heart of the state’s innovation hub.
The purchase marks a key milestone in the university’s plans to build eight buildings totaling over 3 million square feet of development in the heart of the state’s innovation hub.
Homebuilders say the latest energy efficiency standards being adopted in many Massachusetts communities will wipe out recent progress the state has made toward spurring housing production.
Every week, Banker & Tradesman highlights a piece of commercial real estate that’s the subject of some hot news. For our 150th anniversary, we’re focusing on what is arguably the most important piece of private real estate in Massachusetts history.
Cambridge’s Kendall Square might never have become the world’s life science capital save for a chance connection between David Clem and a New Hampshire timber company.
It’s a pivotal policy question for Massachusetts communities seeking to encourage affordable housing in new developments: What’s the highest percentage of affordable units that can be required before projects become financially unfeasible?
A surge of developments and business expansions – ranging from clean energy to biomanufacturing and life science research – at the state-run Devens business park are shattering the narrative of stagnant commercial real estate prospects outside Interstate 495.
A Cambridge research institute that’s collaborating with Johnson & Johnson on its COVID-19 vaccine candidate is proposing a 186,000-square-foot R&D complex near Kendall Square.
Massachusetts Institute for Technology has unveiled plans for a 174,000-square-foot development to house its newly formed hub for computer science, artificial intelligence and data science programs.
MIT’s redevelopment of the Volpe Center property still includes plans for the tallest building in Cambridge – but well short of the 500 feet allowed by zoning.
Local commercial real estate researchers are tracking nearly 500,000 square feet of sublease space in Greater Boston that’s hit the market since mid-March as the area faces questions about the future of office space and a sizable construction pipeline.
An MIT research study of the links between pollution and disease in Chinese urban centers took an abrupt turn after the coronavirus outbreak in central China.
MIT’s 1.8-million-square-foot Kendall Square development has landed its first tenant at 314 Main St., a 17-story building scheduled for completion in 2020.