Seaport Lab Tower to Begin Construction in Q4
The Seaport District’s latest lab tower will start construction later this year, according to the commercial real estate brokerage charged with leasing the property.
Banker & Tradesman’s Editorial Cartoon: Allergy Warning
If a large multifamily complex is built on the site of a seafood-processing facility in South Boston, Realtors may have to ask their clients some unusual questions.
Hot Property: Hampton Inn and Homewood Suites by Hilton
The new Hampton Inn and Homewood Suites by Hilton brings 416 new hotel rooms and 6,000 square feet of meeting space to Boston’s Seaport District.
Amid COVID Upheaval, Retailers Pivoted Nimbly
Like nearly all industries, the retail industry has weathered an unprecedented storm over the last year. While COVID brought about challenges beyond anticipation, it also accelerated trends that have quietly challenged industry norms for the past decade.
Banker & Tradesman’s Editorial Cartoon: A New Stage for Leader Bank
Leader Bank has won the right to put its name on the Seaport’s Pavilion concert venue. Just don’t think about who else has been there, too.
Walsh Raised Bar on Housing Production
Boston Mayor Marty Walsh’s pro-housing agenda delivered benefits to the city but critics say Walsh missed opportunities to make development more equitable and address the transportation and climate change crises.
Boston Should Demand Better at Widett Circle
When it comes to neighborhood-building, it’s time for Boston to go big or go home. But if Boston can’t build a new neighborhood right this time, then it’s time for Plan B: making Widett Circle a hub for well-paying, blue-collar jobs.
Building a Foundation for Income and Growth
Ryan McDonough has $360 million in fresh equity commitments from institutions and high net worth sources to invest in East Coast commercial real estate as head of acquisitions for Boston-based Marcus Partners.
Lincoln Property Picked for $590M Massport Development
Massport officials selected Lincoln Property Co. to develop a 730,000-square-foot mixed-use project including a life science career center and upgrades to the neighboring MBTA’s Silver Line Way station in the Seaport District.
Hot Property: 601 Congress St.
BioMed Realty plans to convert the 482,000-square-foot former John Hancock headquarters in Boston’s Seaport District into lab-ready space to satisfy the life science industry’s demand for growth.
Banker & Tradesman’s Editorial Cartoon: Minimum Height Requirements
Boston Mayor Marty Walsh is trying a novel education campaign to help developers understand flooding risks in coastal neighborhoods.
Compact Living Model Gains Traction
Millennial housing. Innovation units. Studio apartments. Compact living units. Whatever you call them, developments featuring tiny spaces are popping up again fueled by singles and couples looking for a place to rest their heads within city limits.
Hot Property: United Way Headquarters
United Way of Massachusetts Bay and Merrimack Valley’s newly-completed headquarters in the Boston Seaport District reflects the agency’s culture and branding while preserving the character of the 19th-century brick-and-beam building.
BPDA OKs Seaport Lab Tower, 5 Multifamily Projects
The Boston Planning & Development Agency Board of Directors gave the nod to the latest commercial project bound for the city’s Seaport District.
15 Necco Development Joins Lab Space Pipeline
General Electric’s scrapped plans for a new headquarters tower will open up new opportunities for life science growth in Boston’s Seaport District with the approval of a 316,750-square-foot office-lab building at 15 Necco St.
DRI Strategy Could Defend Boston Waterfront
Protecting Boston’s vulnerable real estate from flood damage in coming decades could require creation of new districts to collect payments from property owners, and a new cabinet-level resiliency czar and department at city hall to oversee the defense strategy.
Golden, Massport Spar on Seaport Bus Lane
A turf battle is pitting Massport and its support of industrial tenants in the Seaport District against the city of Boston’s plans for transit upgrades including a possible dedicated bus lane on Summer Street.
Hot Property: Vertex Seaport Offices
Boston-based architecture firm Tria has been selected to design Vertex Pharmaceuticals’ new cell and genetic therapies center in Boston’s Seaport District.
A New Niche for Life Science Expansion
Late-night Zoom calls to Hong Kong are just part of the daily drill for Matthew Powers, a Boston real estate executive named in November to head Nan Fung Life Science Real Estate and a man in charge of spending $1 billion on acquisitions nationally this year.
Hot Property: Innovation Square
Vertex Pharmaceuticals will occupy all 269,000 square feet of office and lab space in phase two of Innovation Square, a development led by Related Beal in the eastern Seaport District.
