Before it imposes new requirements, the Boston Planning & Development Agency is asking developers for examples of successful strategies to meet Mayor Michelle Wu’s three-legged reform platform of resiliency, affordability and equity.
Boston Mayor Michelle Wu scored big victories on two of her signature campaign pledges Wednesday. But both proposals must now run the gauntlet on Beacon Hill before they can become law.
If Boston is going to be able to meet the challenges of the moment, its body overseeing development needs a new charter, Boston Planning & Development Agency officials argued to city councilors Monday.
Boston Mayor Michelle Wu pushed back Monday as resistance to her rent control plan picks up, arguing that what she has proposed is different from rent control policies of years past and describing some of the opposition as “fearmongering.”
What does Boston Mayor Michelle Wu’s decision to ban outdoor dining in the North End have to do with her increasingly controversial real estate policies? More than you might think.
The oldest real estate trade organization in Boston has mobilized against Boston Mayor Michelle Wu’s proposal to cap the rate of rent increases in the city.
Developers will receive $67 million to build and preserve 802 units of income-restricted housing in Boston, including the conversion of a vacant Jamaica Plain church into affordable apartments.
After 15 months in office, Boston Mayor Michelle Wu on Monday finally unveiled a proposal to cap rent increases across the city at a maximum of 10 percent in high-inflation years, filing a multi-faceted rent control revival measure that will first go before the Boston City Council.
Mayor Michelle Wu’s priorities are largely aligned with those of the business community: better schools, faster transportation and less expensive housing. But delivering on those priorities requires significant change.
Boston Mayor Michelle Wu named an advisory team ranging from affordable housing activists and labor union representatives to commercial developers to revamp the city’s real estate permitting process.
Boston Mayor Michelle Wu pushed back against criticism of her proposal to slap a cap on rent increases city wide would harm housing production in an interview on GBH News’ “Boston Public Radio” Tuesday.
Mayor Michelle Wu laid out specifics about the advent of a new Boston Planning and Development Agency, including goals of accelerating approvals while emphasizing affordability, coastal resilience and equity.
Some ideas Mayor Michelle Wu pitched in her State of the City speech could help make up for planned hikes in development fees. But her proposals will take time to implement, something Boston doesn’t have. It’s time the mayor invites industry into the affordability conversation to help find immediate solutions.
Boston Mayor Michelle Wu’s pledge to “streamline” the development approval process is a familiar one for anyone tracking Boston’s real estate scene. Will this time be any more successful than her four predecessors’ efforts?
Mayor Michelle Wu laid out a vision to reform – but not abolish – the Boston Planning and Development Agency and launch a citywide rezoning of major commercial corridors and squares.
Mayor Michelle Wu sees “no choice but to try” to revive rent control in Boston despite decades of failure by previous supporters of the policy, driven by high rents in the city.
Mayor Michelle Wu’s top development deputies have sought to calm developers’ fears about her rent control proposal. But a thicket of obstacles awaits it on Beacon Hill, raising serious doubts that it could ever become law.
Nonprofit housing developers said higher fees on development in Boston would help ease the city’s affordability crisis, while commercial developers warned an increase would have the opposite effect by making projects harder to finance.
Will Boston’s mayor kill the city’s golden goose? That’s the question on the lips of many in the development community as Michelle Wu lays out her proposals to increase development fees and affordable housing requirements.
After continuing to ascend driven by life science industry momentum through the early stages of the COVID era, Greater Boston’s commercial real estate industry felt the gravitational pull of financial markets’ tighter lending standards and industry layoffs in 2022.
