Upzoning Starts to Deliver Windfalls in Cambridge
As the Cambridge City Council debates additional upzoning to encourage multifamily development, recent real estate transactions illustrate the dramatic increases in developer interest.
Alewife Lab Building Sold for $332.5M
A California real estate investor has completed its $332.5 million acquisition of Alewife Research Center, a speculative development that attracted five life science companies to West Cambridge’s growing lab cluster.
A Blueprint to Remake Alewife
Now that Wall Street investors have discovered the Alewife neighborhood and its fast-growing life science cluster, change seems inevitable and Cambridge officials have completed a playbook designed to shape future development.
West Cambridge Listing Includes New Lab Building, Development Options
A nearly 9-acre commercial portfolio up for sale in West Cambridge offers potential to expand the Alewife neighborhood’s growing life science cluster and build a multifamily development.
