The Department of Transportation plans to implement a Silver Line ramp shortcut as a permanent feature this spring, less than a year after a pilot program brought significant reductions in travel time.
What was more expensive in 2019: homes in Greenwich, Connecticut or homes in Wellesley?
Location data provider Skyhook has opened a new 7,469-square-foot headquarters at 12 Thompson Place in Boston’s Seaport District.
In addition to a planned $500 million expansion at the Boston Convention and Exhibition Center, officials are planning at least four other requests to find developers interested in putting hotels, parking or both on MCCA-owned land around the BCEC.
Boston is expanding a program that forces drivers for ride-hailing apps to pick up and drop off fares in specific spots instead of double-parking and clogging traffic after initial results showed success.
The integration of uses within most new, large-scale developments has led to an interesting dynamic in commercial real estate in recent years. The lines between asset classes have blurred.
With a combination of low vacancy, high demand and some of the highest asking rents in the country, life science properties in the Boston metro are more desirable than ever for investment firms, both large and small.
From a booming life science industry spreading further out from East Cambridge to new multifamily housing models and an e-commerce-fueled explosion in interest in distribution facilities, here’s what drove demand in 2019.
An office tower that attracted one of the first tech industry clusters in Boston’s Seaport District has been sold to an affiliate of Clarion Partners for $482 million.
The value of Boston’s taxable real estate rose 78 percent to $164.5 billion between 2013 and 2019, spurred by new growth that accounted for 60 percent of new property tax revenues collected in fiscal 2019.
With potential for massive property damage in Boston neighborhoods in the path of rising seas, the city is studying funding mechanisms to pick up the multi-billion-dollar tab in coming decades.
John Akin oversees Gables Residential’s growth strategy for Greater Boston, a critical part of the Atlanta-based multifamily developer’s growth strategy. The company is raising its profile with the scheduled March 2020 completion of the 23-story, 307-unit Gables Seaport tower at 501 Congress St. in Boston’s Seaport District.
A little over a month after it cut a little over 500,000 square feet from the project, Millennium Partners has filed plans with the Boston Planning & Development Agency for a 380,800-square-foot laboratory/office building at 2 Harbor St. in the Seaport.
Seven developers have submitted proposals for a 600,000-square-foot mixed-use project on Massport’s parcel H in Boston’s Seaport District.
Developer Related Beal’s proposed 1.1 million-square-foot development overlooking Fort Point Channel could be one of the first properties protected under a city plan to flood-proof waterfront properties.
In addition to a prominent affordable housing project proposed for Jamaica Plain, the Boston Planning & Development Board approved several projects and changes to projects at its Nov. 14 meeting.
But will they use a Mach 3? A Venus? Or a Fusion ProShield?
Procter & Gamble is looking to shake up its real estate footprint in Massachusetts including its 34-acre Gillette World Shaving Headquarters campus in South Boston, which has been increasingly surrounded by booming development activity in the past decade.
Boston-based ad agency MullenLowe will relocate 550 employees from Boston’s Financial District to the Seaport next summer, after leasing 114,620 square feet at Skanska’s Two Drydock speculative office tower.
Shell TechWorks has signed the first lease at Skanska’s Two Drydock office tower in Boston’s Seaport District, and will relocate from Cambridgeport in early 2020.
