Boston’s Running Out of Offices to Convert
Boston office-to-residential conversions are in danger of getting too expensive. Developers rushing into the space are bidding up the price of the few financially feasible buildings left.
Watch: Wu Welcomes First Residents of Downtown Office Conversion
The first residents of the first downtown Boston office building converted to apartments with city tax incentives have moved in.
Back Bay Gets First Office-to-Residential Conversion
The Boston Planning Department has received its first-ever application for an office-to-residential conversion in the Back Bay.
Healey Announces Guidelines for Housing Conversion Tax Credits
A new state tax credit will make $10 million available to developers for housing conversions that receive support from local officials.
New Developer Seeks to Take Over South End Housing Conversion
A new development team will attempt to complete an office-to-housing conversion in Boston’s South End that was placed on the market by the existing owner.
IBA Turning Former Offices into Housing
Inquilinos Boricuas en Acción, the community development corporation founded by local activists fighting urban renewal in the 1960s, is turning its former offices at 403 Shawmut Ave. into income-restricted apartments.
There’s 2M SF of Offices Waiting to Be Converted to Housing, But They Need Help
Greater Boston’s high construction and capital costs have made most conversions prohibitively expensive. A solution needs state, municipalities and industry to collaborate.
State Chips in to Fund 190 Units in Boston Office Conversions
A new program tied to the 2024 housing law is being tapped to support nearly 200 new rental units in downtown Boston, part of an effort to transform vacant class B offices into housing.
Challenging the Myth: How Good Design Unlocks Office Tower Conversions
Our study of Boston’s One Lincoln and a successful conversion of a similar New York City office building show underutilized office towers can, in fact, become viable and vibrant housing.
Empty Boston Office Towers Have Few Options. Could Housing Be One?
A new study coordinated by a major Boston law firm says the One Lincoln office tower points to a path forward for dozens of buildings facing financial distress.
Wu Pledges Office Conversion Expansion
The city will also launch its first-ever anti-displacement program, Mayor Michelle Wu said during her annual State of the City address.
Brookline Bank’s Fourth Quarter Proves a Mixed Bag
The bank is in the process of forcing the sale of a downtown Boston office building for a residential conversion to remedy problems with a loan secured by the property.
Financial District Offices Sold for $10.2M
A Financial District property that was marketed for a potential housing conversion sold for $10.2 million, less than half of its previous sale price in 2017.
90-Unit Conversion Proposed in Downtown Crossing
An 11-story office building in Downtown Crossing would be reborn as rental housing under plans submitted by a developer active in Boston’s residential conversion program.
Embracing Sustainability Offers a Solution to Boston’s Office and Housing Crises
There is a clear opportunity to embrace sustainability strategies while reconfiguring Boston’s building stock for a more sustainable future.
Breaking Through the Noise on Office-to-Residential Conversions
Converting an office space to housing has big benefits, but can be even more expensive than building housing from scratch. Political and business leaders must come together to find feasible solutions.
BPDA Board Approves Southie Apartments, Two Office Conversions
In Chief of Planning Arthur Jemison’s final meeting, the Boston Planning and Development Agency board approved a $110 million apartment complex in South Boston and office-to-residential conversions in the Bulfinch Triangle and South End.
CIM Group Lists South End Offices Eyed for Conversion
The owner of property highlighted by Gov. Maura Healey as model for office-to-residential conversions in Boston has placed the South End property on the market.
$35B Office Conversion Loan Program Streamlined
A pair of much-maligned below-market loan program for office-to-residential conversions are getting a revamp as part of a $100 million package of incentives to help communities remove barriers to housing production.
Brookline Brownstone Sold for Residential Conversion
A longtime Brookline office building marketed for a potential residential conversion was acquired by a local developer for $6.2 million.
