Rate Cut Could Spur Suburban Housing Starts
Suburban multifamily development is likely to benefit the most from potential interest rate cuts, brokers and developers predict, with MBTA Communities districts in the lead.
40B Developers Take the Long View
A cluster of new 40B development proposals highlight how this 56-year-old state law could be an important tool as landlords explore alternative uses for suburban office and lab sites.
Understanding the Multifamily Capital Stack Challenge
Multifamily broker Travis D’Amato of Walker & Dunlop says these are indeed good times for buyers and sellers of apartment buildings in Greater Boston.
TCR Plans 752 Apartments in Braintree MBTA Communities District
Trammell Crow Residential is seeking to build 752 apartments after signing a purchase-and-sale agreement for a property at 10 Plain St.
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.
Developers Scrambled to Beat Lexington Rollback
Property owners scrambled to preserve their rights to develop multifamily housing in Lexington as the town approached a vote to scale back development opportunities.
Willow Bridge Property Submits 369-Unit Waltham Development Plans
An industrial property near Route 128 would be redeveloped as a 369-unit apartment complex under plans set to be reviewed by Waltham officials this week.
‘Weston Whopper’ Development Backed by State Panel
A proposed apartment complex dubbed the “Weston Whopper” by opponents should be approved under Massachusetts Chapter 40B housing law, according to a state panel that dismissed Weston officials’ objections to the project.
160-Unit MBTA Communities Development Breaks Ground in Westwood
The project, funded by Dedham Savings and South Shore Bank, is Westwood’s first project to be submitted to the state for certification under a housing production plan designed to comply with the MBTA Communities law.
A Development Pipeline Grows North of Boston
Morgan Pierson is taking his 20 years of experience in commercial real estate to the north suburban market in his new role at Lupoli Cos. as senior vice president of real estate and development.
Downtown Marlborough Development Gets $41M Financing Package
Procopio Cos. moved forward with its second multifamily development in Marlborough this year after acquiring a parcel near downtown and receiving $41.4 million in financing.
Developer Submits 466-Unit Housing Plan in Beverly
Braintree-based developer John M. Corcoran & Co. is resuming its efforts to develop 466 housing units on a Beverly property after a state Land Court ruled against town officials in an earlier proposal.
BXP’s Suburban Housing Push Includes Lexington Property
BXP is plans to pursue suburban multifamily projects in Greater Boston despite the high cost of construction, citing the relative feasibility of wood-frame techniques.
Condo Development Sought in Marlborough Office Park
A Southborough-based real estate developer wants to rezone a Marlborough office park to allow construction of residential condominiums.
Retail Shops and 60 Apartments Proposed at Middleton Corner
A Needham developer seeks to redevelop a vacant restaurant site in Middleton with a combination of retail space and 60 apartments.
From Grunt Work to the Executive Office
Matt Maggiore got his start at his family’s Woburn-based construction and development firm as a laborer alongside young Ben and Casey Afleck. Now company president, he’s hunting for suburban Boston condominium development sites.
Hot Property: The Vale
Road and utility work and demolition of the former Kraft Foods Atlantic Gelatin factory buildings in Woburn has cleared the way for a mixed-use project by Leggat McCall Properties.
No Rapid Path to Housing Boom After MBTA Rezoning
A vital ingredient in generating more housing across Massachusetts is moving forward in several municipalities ahead of an end-of-year deadline. But that doesn’t mean there’s suddenly a silver bullet for housing creation, developers say.
Research Finds Apartment Bans’ Racist Roots
A look back at 100 years of land-use history in Greater Boston raises questions about how much progress the state can make if Beacon Hill continues its extreme deference to local control over certain housing issues.
Report Seeks Zoning Roots of Boston Segregation
A prominent researcher who spent a year combing through archived municipal planning documents, state reports and local media accounts of land-use debates in Greater Boston says it’s clear many suburban areas have used zoning as a tool to exclude for over 100 years.
