Mill Creek Proposes 400-Unit Complex in Medford
Multifamily developer Mill Creek Residential is seeking to redevelop a Mystic Valley Parkway property with a 400-unit apartment complex.
Brookline Bank Unveils Renovated Salem Street Office in Medford
Brookline Bank earlier this week held a ribbon cutting celebration for its newly renovated 201 Salem St. location in Medford.
Medford’s Mystic Ave. Rezoning Put on Hold
A zoning amendment for Medford’s Mystic Avenue corridor was withdrawn Tuesday by Mayor Stephanie Burke following opposition from city councilors and some residents.
Transit Leaders ‘Very Worried’ Green Line Construction Falling Behind
State transportation officials were hesitant to use the word “delay,” but expressed concerns Monday that work on the Green Line Extension is running behind an internal target with about two years remaining until passenger service is set to begin.
‘Sleepy’ Self-Storage Sector Awakens in Mass.
The Greater Boston self-storage sector has awakened from a decades-long slumber, as real estate investment trusts and other major investors jump into the market and sink millions of dollars into building new facilities and converting old industrial properties into storage depots in the region.
‘Lunch Bucket’ Towns Join the Million-Dollar Home Club
Million-dollar home sales are starting to pop up in some of the unlikeliest places as prices across Massachusetts shatter records. A decades-long slump in new residential construction in the Boston area has created a dire shortage of homes for sale, driving up prices across the board and putting a premium on anything new or recently renovated.
Everett Casino’s Neighbors Bracing for Traffic Impacts
As the state’s first eastern Massachusetts casino prepares to open Sunday, residents in Everett and neighboring Revere are bracing for its potential impacts.
These 10 Suburbs Have the Shortest Commutes to Boston
A new report from commercial real estate site Commercial Cafe has found the 10 best Boston-area suburbs for prospective homebuyers looking for the shortest commutes into Boston.
Boston’s Transportation Problems Benefit Gateway Cities’ Home Prices
Gateway Cities like Lawrence that are within bearable commuting distance of Boston’s core have seen demand for their houses soar as Boston homebuyers seek to avoid the hellish traffic and transit problems gripping the region.
Filling the Gaps in Medford Square
Revitalization strategies for Medford Square sat in binders over the past decade while business districts in Somerville and Malden Center picked up momentum. Now this inner suburb of 58,000 is looking at 2 acres of asphalt as the foundation for a downtown makeover
Amazon Leases Medford Office Space
Amazon is joining the northern migration of office tenants along the MBTA Orange Line corridor with a lease of 50,000 square feet at The Davis Cos.’ One Cabot property at Medford’s Wellington Circle.
Eastern Mass. Communities Eye 185K New Housing Units by 2030
Fifteen metropolitan Boston area communities are coalescing around plans to build even more new housing than Gov. Charlie Baker proposed in his statewide bill.
‘Rigorous and Detailed Process’ Behind Banking Marijuana
Up until very recently, it looked like the first recreational marijuana dispensary in Massachusetts would open without a financial institution to bank it.
Winchester Construction Company Pays a $121K Settlement for Failing to Pay Workers
J. Donlon and Sons Inc. were cited for violating the Massachusetts prevailing and minimum wage laws by not properly paying workers during a Medford public works project.
MassDev to Fund Nine Real Estate Projects Across Massachusetts
MassDevelopment will provide up to $287,000 in funding for nine projects through its real estate services program. The funds will support a range of projects, from feasibility studies to master planning efforts.
Home Values on the Rise in Unexpected Communities
Single-family home prices appreciated about 5 percent on average in Massachusetts last year. Some communities saw less appreciation, some saw more, and some dark horse Boston suburbs saw a whole lot more.
Hot Property: February 5, 2018
River’s Edge is a real mixed-use project with recreation – a 10-acre riverfront park – office, residential, and soon, restaurants and retail. Everything that’s been done is quality including the park, which won an Honor Design Award from the Boston Society of Landscape Architects, the Gold LEED-certified office buildings, the Tufts Boathouse and the luxury housing.
91K SF Warehouse Sold In Medford
Burgess Properties Inc. earlier this week sold the Crystal Cold Storage property at 23 Sycamore Ave. in Medford.
Home Prices Soar In The Middle Of The Market
Home prices are in overdrive in Greater Boston, but this time the toniest suburbs aren’t leading charge.
Medford Weighs Rezoning For Multifamily Development
Medford could become the next Boston suburb to adopt mixed-use zoning as interest intensifies among multifamily developers.
